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China’s FDI inflow up 37.9pc in first two months

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Foreign direct investment into the Chinese mainland, in actual use, expanded 37.9 percent year on year to 243.7 billion yuan in the January-February period, the Ministry of Commerce (MOC) said Monday.

In U.S. dollar terms, the inflow went up 45.2 percent year on year to 37.86 billion dollars. The service industry saw FDI inflows jump by 24 percent year on year to 175.7 billion yuan, while that of high-tech industries surged by 73.8 percent from a year earlier, data from the ministry shows. During the period, investment from countries along the Belt and Road and the Association of Southeast Asian Nations climbed by 27.8 percent and 25.5 percent, respectively.—Xinhua

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