National Foreign Investment Absorption Reaches 161.45 Billion Yuan in First Two Months

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On the 20th, the Ministry of Commerce announced that in the first two months of this year, a total of 8,631 new foreign-invested enterprises were established nationwide, a year-on-year increase of 14%. The actual use of foreign investment amounted to 161.45 billion yuan, a decrease of 5.7% year-on-year.

In terms of industries, the manufacturing sector actually used 47.52 billion yuan of foreign investment, while the service sector used 111.22 billion yuan. High-tech industries actually used 63.21 billion yuan of foreign investment, a year-on-year increase of 20.4%, accounting for 39.2% of the total foreign investment used nationwide, an increase of 8.5 percentage points compared to the same period last year. Among them, R&D and design services, computer and office equipment manufacturing, and electronic and communication equipment manufacturing saw actual foreign investment growth of 171.8%, 84.1%, and 35.5%, respectively.

Regarding sources of investment, Canada, Switzerland, and France saw actual investments in China grow by 210%, 41.3%, and 3%, respectively (including investment data through free ports). (Xinhua News Agency)

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