Ministry of Commerce: From January to November, China absorbed 1.04 trillion yuan of foreign investment

From January to November 2023, 48,078 foreign-invested enterprises were newly established nationwide, up 36.2% year on year; The actual use of foreign capital was 1,040.33 billion yuan, down by 10.0% year-on-year.

In terms of industries, the actual use of foreign capital in manufacturing was 294.17 billion yuan, down 2.1%, and the actual use of foreign capital in high-tech manufacturing increased by 1.8%. Medical equipment and instrumentation manufacturing, electronic and communication equipment manufacturing increased by 27.6% and 5.5%, respectively. The actual use of foreign capital in the service sector was 708.70 billion yuan, down 15.9%. The actual use of foreign capital in construction, research and development and design services increased by 32.8% and 9.1% respectively. High-tech industries attracted 386.65 billion yuan of investment, accounting for 37.2% of the total amount of actually used foreign capital, an increase of 1.1 percentage points over the whole year of 2022.

In terms of origin, the actual investment in China from the UK, France, the Netherlands, Switzerland and Australia increased by 93.9%, 93.2%, 34.1%, 23.3% and 14.3% respectively (including investment through free Hong Kong).


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