Published: 11:22, October 20, 2021 | Updated: 14:09, October 20, 2021
China's FDI inflow up 19.6% in first 9 months
By China Daily

This undated file photo shows a worker counting Chinese currency renminbi (RMB) at a bank in Linyi, East China's Shandong province. (PHOTO / XINHUA)

BEIJING - Foreign direct investment into the Chinese mainland, in terms of actual use, rose 19.6 percent year-on-year to 859.51 billion yuan in the first nine months of the year, the Ministry of Commerce said Wednesday.

During the Jan-Sept period, non-financial FDI into the country totaled 859.5 billion yuan. In US dollar terms, the country's actual use of foreign capital grew 25.2 percent to $129.3 billion.

FDI into the service sector increased 22.5 percent in yuan terms, while high-tech industries saw FDI inflow jumping 29.1 percent year-on-year, data from the ministry showed.

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Foreign investments from the Association of Southeast Asian Nations and countries along the Belt and Road into the Chinese mainland jumped 31.4 percent and 31.9 percent, respectively.