China's FDI in actual use increased 6.1 per cent YoY in Jan-Feb 2023

As per the government data, China's foreign direct investment (FDI) in actual use increased by 6.1% year on year (YoY) to 268.44 billion yuan in January and February 2023. FDI inflows into the country in US dollars increased by 1% year on year to $39.71 billion.

According to China's Ministry of Commerce, FDI inflows into high-tech industries increased by 32% over the previous year, while high-tech manufacturing increased by 69%.

Additionally, during this period, investments from Belt and Road countries and the Association of Southeast Asian Nations rose by 11 per cent and 11.8 per cent YoY, respectively.

FDI investment in China rose by 14.5 per cent YoY in January 2023, reaching 127.69 billion yuan. When converted to US dollars, the country’s FDI inflow for the period increased by 10 per cent to $19.02 billion, compared to the corresponding period of the previous year.