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Investment Still Flows into China

Foreign investment still flows into China's high-tech industries
Foreign investment still flows into China's high-tech industries

Foreign investment still flows into China’s high-tech industries

According to a report from the People’s Daily on Tuesday, foreign capital continues to flow into China’s high-tech industries.

From January to May, the actual use of foreign capital in my country’s high-tech industries increased by 34.6%,. Which the actual use of foreign capital in high-tech service industries and high-tech manufacturing industries increased by 37.6% and 25% respectively. Ministry of Commerce (MOC).

In the first five months of this year, my country’s actual use of foreign capital was 481 billion yuan. Furthermore, a year-on-year increase of 35.4% and a year-on-year increase of 30.3%.

In the same period, the actual use of foreign capital in the service industry was 381.9 billion yuan. an increase of 41.6%.

The foreign investment of countries along the “Belt and Road”, ASEAN and EU increased by 54.1%, 56% and 16.8% respectively.

The actual use of foreign capital in the eastern, central and western regions increased by 37%, 36% and 10.4% respectively.

At the same time, from January to May, China newly established about 18,497 foreign-invested enterprises. An increase of 12.4% over the same period in 2019. According to a survey conducted by the Ministry of Commerce of more than 3,200 companies in April. However, about 96.4% of foreign-invested companies are optimistic about their future operations in China, an increase of 2.1 percentage points from the beginning of the year.

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Written by Hüseyin Ali

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