Foreign direct investment (FDI) into China slumped 29.8% year-on-year to CNY 693.21 billion (about USD 96.29 billion) during January-October 2024, a softer decline than the 30.4% plunge recorded in the first nine months of the year, according to data from the Ministry of Commerce. Approximately 11.6% of the total, or CNY 80.18 billion, went into high-tech manufacturing industries, up 0.7 percentage points from the same period last year. Foreign investment in medical equipment and instrument manufacturing and computer & office equipment manufacturing soared by 61.7% and 48.8%, respectively. Additionally, foreign investment in the technical services industry rose by 19.5%. The primary sources of FDI were Germany (7.5%), Australia (6%), and Singapore (4.4%). Considering October only, CNY 52.61 billion flowed into the country, down from CNY 60.41 billion in September. source: Ministry of Commerce of the People's Republic of China
Foreign Direct Investment YoY in China decreased by 29.80 percent in October from -30.40 percent in September of 2024. Foreign Direct Investment YoY in China averaged 6.63 percent from 2008 until 2024, reaching an all time high of 109.78 percent in January of 2008 and a record low of -32.60 percent in January of 2009. This page includes a chart with historical data for China Foreign Direct Investment YoY. China Foreign Direct Investment YoY - data, historical chart, forecasts and calendar of releases - was last updated on November of 2024.