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China's FDI inflow up 14.5% in January

Xinhua | Updated: 2023-02-21 09:29
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Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 14.5 percent year-on-year in January. [Photo/VCG]

BEIJING -- Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 14.5 percent year-on-year to 127.69 billion yuan in January, the Ministry of Commerce said Monday.

In US dollar terms, the FDI inflow went up 10 percent year-on-year to $19.02 billion.

High-tech industries saw a rapid FDI increase of 62.8 percent in January. Specifically, foreign investment in high-tech manufacturing surged 74.5 percent, while that in the high-tech service sector rose 59.6 percent.

FDI flowing into the country's central region reported a year-on-year expansion of 25.9 percent, followed by 21.6 percent in the western region.

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