16.03.2018
In the first two months of 2018, the volume of foreign direct investment (FDI) in mainland China increased by 0.5 percent compared to the same period last year and reached 139.4 billion yuan (about 22.1 billion US dollars), the Ministry of Commerce of the People’s Republic of China reported on Thursday.
During this period, 8848 enterprises with the participation of foreign capital were registered in the country, which is 129.2 percent more than in the same period last year.
Foreign direct investment in the high-tech sector continued to grow, increasing by 27.9 percent. in annual terms and amounting to 19.5 percent. of the total amount of FDI.
About 14.5 billion yuan was invested in the high-tech manufacturing industry, which is 89.7 percent more than a year earlier. At the same time, investments in the medical sector and the production of medical equipment increased sharply by 129.6 percent and 321.8 percent. accordingly.
There is a rapid growth of FDI, both to the western regions of China – by 76.3 percent, and to the central regions – by 35.3 percent.
In January-February, FDI from Singapore, the Republic of Korea and the United States increased by 62.9 percent, 171.9 percent and 56.8 percent, respectively, while investment from countries located along the “Belt and Road” increased by 75.7 percent. on an annual basis.
As the business environment continues to improve, China will attract a steady flow of foreign investment, opening up markets and facilitating access to them.
In 2018, China intends to maintain a stable inflow of FDI, despite the uncertainty of the global economy, the Ministry of Commerce reported.
In 2017, FDI to China increased by 7.9 percent. in annual terms, and reached 877.6 billion yuan.
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