Daily Management Review

Foreign investment in China grows by 17.4% to $168B


The amount of FDI in China during the first 10 months of 2022 climbed by 17.4% compared to the same period in the previous year, reaching $168.3 billion, according to the Chinese Ministry of Commerce.

From January to October, RMB investment growth was 14.4%. FDI increased most quickly in technology services (by 25%) and high-tech industrial production (by 57.2%).

The three countries with the highest increases in investments were South Korea (up 106.2%), Germany (up 95.8%), and the United Kingdom (up 40.1%).

The Chinese government has recently made frequent mention of their aim to encourage international investment in the nation.

China pushed up the number of economic sectors and regions in which foreign businesses are permitted to invest from 480 to 519 at the end of October.

source: chinadaily.com.cn