Business / Economy

No sign of slowdown in foreign direct investment

By Zhong Nan ( Updated: 2016-01-25 20:18

The flow of foreign direct investment into China maintained its growth and there is no sign that multinational businesses are withdrawing, said the Ministry of Commerce.

Huang Feng, deputy director-general of the ministry's department of foreign investment administration, said foreign companies have found that market demand in China is changing as both consumers and companies want to purchase more higher-value added products and there is surging demand.

"Foreign companies are keen to invest in healthcare, information services and high-tech industries which are being developed slowly in the country compared with economic development," said Huang.

Foreign direct investment into China rose 6.4 percent year-on-year to $126.27 billion in 2015, data from the ministry shows. Foreign investment in the service industry rose 17.3 percent, accounting for 61.1 percent of the total flow for the period. The remainder was attracted by the country's high-tech and manufacturing sectors.

Hot Topics

Editor's Picks