This is reported in its analysis by Trading Economics. Within the total, FDI in the manufacturing sector amounted to 78.9 billion yuan, while high-tech industries attracted 166.3 billion yuan, up 20.3% and accounting for 40.4% of total FDI.
The service sector received 204.2 billion yuan. However, investment in R&D and design services, as well as computer and office equipment and electronic and communication equipment increased by 108.4%, 22.9% and 20.2% respectively.
During the period, 20,113 new foreign-invested enterprises were established in China, representing a year-on-year increase of 6.8%. According to sources, investment flows into China increased significantly from Luxembourg (+110.3%), Switzerland (+60.8%), France (+58.3%) and the United States (+24.5%).
In China, foreign direct investment refers to foreign capital actually used in accordance with concluded agreements and contracts, including cash, materials and invisible capital such as labor services and technology that both parties have agreed to accept as investment.
