China’s ‘foreign direct investment’ is approaching 900 billion yuan in the first eight months

BEIJING, Sept. 19 (Xinhua) — China’s Ministry of Commerce revealed Monday the amount of foreign direct investment (FDI) actually used in mainland China. It grew 16.4 percent year-on-year to 892 billion yuan (about 4.65 trillion baht) in the first eight months of 2022.

According to the ministry, the value of foreign direct investment in US dollars. The amount of foreign direct investment in the service industry rose 8.7 percent year-on-year to 66.2 billion yuan (about 3.45 trillion baht) while investment in high-tech industries rose 33.6 percent from a year earlier, the report said, investment in the high-tech manufacturing sector 43.1 per cent from the same period last year. Investments in the high-tech services sector jumped 31 percent year-on-year during the period. Investments from the Republic of Korea, Germany, Japan and the United Kingdom. Foreign direct investment in western China grew by 43 percent year on year. This was followed by the central region at 27.6 per cent and the eastern region at 14.3 per cent.

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