Spuntree

Current foreign investment situation

publisher: Spuntree
Time: 2020-03-13
Summary: From January to February this year, China actually used RMB 134.4 billion in foreign investment, a year-on-year decrease of 8.6%.
Current foreign investment situation
Ministry of Commerce: From January to February this year, China actually used RMB 134.4 billion in foreign investment, a year-on-year decrease of 8.6%. Zong Changqing, director of the Department of Foreign Investment of the Ministry of Commerce, introduced at the press conference of the joint prevention and control mechanism of the State Council on March 13 that in January-February this year, China ’s actual use of foreign capital was RMB 134.4 billion, a year-on-year decrease of 8.6% (US $ 19.42 billion, Down 10.4% year-on-year). Among them, the actual use of foreign capital in January was 87.57 billion yuan, a year-on-year increase of 4%; the actual use of foreign investment in February was 46.83 billion yuan, a year-on-year decrease of 25.6%.
From a structural point of view, China's absorption of foreign investment in January-February has three positive performances: First, the high-tech industry has maintained growth. From January to February, foreign investment in high-tech industries actually used 41.52 billion yuan, an increase of 2.2% year-on-year. Among them, the actual use of foreign investment in pharmaceutical manufacturing, medical instrument equipment and instrument manufacturing, information services, and e-commerce services increased by 6.7%, 139.7%, 30.5%, and 449.8% year-on-year respectively. Second, outstanding performance of key open platforms. Foreign investment in the Shanghai and Guangdong Pilot Free Trade Zones increased by 13% and 12.8%, while Hainan, Fujian, and Zhejiang Pilot Free Trade Zones increased foreign investment by 230.2%, 149.5%, and 140%. Third, investment from some economies in China has grown steadily. Investment in China by the countries along the “Belt and Road” and ASEAN increased by 9.7% and 15.1%, respectively.

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