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China records FDI growth of 14.5% in January 2023
22 Feb '23Foreign direct investment (FDI) in China rose by 14.5 per cent year-on-year (YoY) in January 2023, reaching 127.69 billion yuan, according to the country’s ministry of commerce. When converted to US dollars, the country’s FDI inflow in 2023 increased by 10 per cent to $19.02 billion, compared to the corresponding period of the previous year.
High-tech industries saw the most significant FDI growth, with a surge of 62.8 per cent YoY in January. The high-tech manufacturing sector recorded a 74.5 per cent YoY increase in foreign investment.
FDI in China's western region saw a YoY increase of 21.6 per cent, while FDI into China’s central region grew by 25.9 per cent YoY.
In 2022, total FDI in China increased by 6.3 per cent to 1.23 trillion yuan compared to the previous year, as per the country’s commerce ministry.
China records FDI growth of 14.5% in January 2023: Commerce ministry
Foreign direct investment (FDI) in China rose by 14.5 per cent year-on-year (YoY) in January 2023, reaching 127.69 billion yuan, according to the country's ministry of commerce....
