Foreign Direct Investment Into China Jumped By 28 Percent


Source: businesstoday.com.my businesstoday.com.my

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Foreign direct investment (FDI) into the Chinese mainland, in actual use, surged 28.7 percent year on year to 607.84 billion yuan, or 90.96 billion U.S. dollars, in the first half of this year. The value increased 27.1 percent from the same period in 2019. Foreign investment in the service industry came in at 482.77 billion yuan during the period, up 33.4 percent year on year, with foreign investment in the high-tech services sector rising 42.7 percent. Investment from the countries along the Belt and Road expanded 49.6 percent, and investment from the Association of Southeast Asian Nations and the European...