Published: 16:17, March 17, 2023 | Updated: 17:07, March 17, 2023
China's FDI inflow up 6.1% in first two months
By Xinhua

An undated photo shows a containership is berthed at Tianjin Port's IoT-supported terminal, in China. (PHOTO / CHINA DAILY)

BEIJING - Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 6.1 percent year-on-year to 268.44 billion yuan in the first two months of 2023, the Ministry of Commerce said Friday.

Specifically, FDI in high-tech manufacturing surged 68.9 percent from the same period a year ago, while that in the high-tech service sector rose 23.3 percent year-on-year

In US dollar terms, the FDI inflow went up 1 percent year-on-year to $39.71 billion.

The service industry saw FDI inflow increase by 10.1 percent year-on-year during the first two months, while that for high-tech industries jumped by 32 percent from a year earlier, data from the ministry showed.

Specifically, FDI in high-tech manufacturing surged 68.9 percent from the same period a year ago, while that in the high-tech service sector rose 23.3 percent year-on-year.

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During the period, investment from Belt and Road countries and the Association of Southeast Asian Nations climbed 11 percent and 11.8 percent, respectively, year-on-year.