FDI inflows to China increased by 16.4% in the first eight months

BEIJING, September 19 (Xinhua). Foreign direct investment (FDI) in mainland China, which is actually used, rose 16.4 percent year-on-year to 892.74 billion yuan in the first eight months of the year, the Ministry of Commerce said on Monday. .

In dollar terms, the inflow increased by 20.2 percent compared to the same period last year and amounted to 138.41 billion dollars.

According to the ministry, FDI inflows in services increased by 8.7 percent year-on-year to 662.13 billion yuan, and in high-tech industries by 33.6 percent year-on-year.

In particular, direct investment in high-tech manufacturing grew by 43.1 percent year-on-year, while high-tech services grew by 31 percent year-on-year.

During this period, investments from the Republic of Korea, Germany, Japan and Great Britain increased by 58.9%, 30.3%, 26.8% and 17.2%, respectively.

FDI inflows to the western region of the country increased by 43 percent compared to the same period last year, followed by 27.6 percent to the central region and 14.3 percent to the eastern region.