FDI into China dips 8.4% YoY in Jan-Sep; manufacturing FDI up 2.4% YoY

22 Oct 23 1 min read

Insights

  • Foreign direct investment (FDI) into China in actual use stood at 919.97 billion yuan ($28 billion) between January and September this year—a drop of 8.4 per cent year on year (YoY), official data show.
  • FDI in manufacturing rose by 2.4 per cent YoY during the period, in which 37,814 new foreign-invested firms were set up across the country.
Foreign direct investment (FDI) into China in actual use stood at 919.97 billion yuan ($28 billion) between January and September this year—a decrease of 8.4 per cent year on year (YoY), according to the ministry of commerce.

Thirty seven thousand eight hundred and fourteen new foreign-invested firms were set up across the country during the first nine months this year—up by 32.4 per cent YoY.

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FDI in manufacturing rose by 2.4 per cent YoY during the period, a state-controlled news agency reported.

FDI from France, the United Kingdom and Canada surged by 121.7 per cent, 116.9 per cent and 109.2 per cent respectively during the period, data from the ministry showed.

Fibre2Fashion News Desk (DS)

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