FDI continues flowing into tech and manufacturing

Foreigners have continued to invest in China in the first three quarters of the year, most noticeably in technology-based services and manufacturing, according to government data released on Tuesday.

Despite a decline in investor interest in the traditional manufacturing sector, the Ministry of Commerce reported a year-on-year increase of 19.2 percent in the service industry to just under $58 billion, accounting for more than 60 percent of China's inflow of foreign direct investment in the first three quarters.

In the meantime, FDI in the high-tech service industry surged 57.6 percent to $6.16 billion, the ministry said.