China attracts $71.36 bn in FDI during Jan-April 2023
The manufacturing sector saw a 4.1% increase in global capital, attracting 130.05 billion yuan. Notably, the high-end manufacturing industry received a significant boost, up 37.1% year-on-year, according to China’s Ministry of Commerce.
In the first four months of 2023, China’s use of foreign direct investment (FDI) increased by 2.2% year-on-year to 499.46 billion yuan, of which the manufacturing sector reached 130.05 billion yuan, up 4.1%. The high-end manufacturing sector saw a significant increase of 37.1% year-on-year. The main FDI contributors include France, the UK, Japan and South Korea.
Among the main contributors to FDI, France, UK, Japan and South Korea have seen impressive growth rates of 567.3%, 323.7 %, 68.1% and 30 respectively. 7% annually.
Fiber2Fashion (NB) News Desk