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Saturday, October 17, 2020, 10:03
China's FDI inflow up 25.1% in September
By Xinhua
Saturday, October 17, 2020, 10:03 By Xinhua

BEIJING - Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 25.1 percent year on year to 99.03 billion yuan (about US$14.25 billion) in September, the Ministry of Commerce said Friday.

In the first nine months, FDI inflow went up 5.2 percent year on year to 718.81 billion yuan

This marked the sixth consecutive month for the country to witness positive growth in FDI.

ALSO READ: Report: China's ODI remains robust

In the first nine months, FDI inflow went up 5.2 percent year on year to 718.81 billion yuan, the first increase in both yuan and dollar terms since the beginning of this year, the ministry said.

Foreign investment in the service industry came in at 559.68 billion yuan, up 15 percent year on year during the January-September period, while that in the high-tech service sector increased 26.4 percent.

Investment from the Netherlands surged 150 percent, while that from Britain rose 32.8 percent, the data showed.

Building on the effective containment of the COVID-19 epidemic, China has rigorously rolled out a string of measures to stabilize foreign trade and investment. 

China's non-financial outbound direct investment (ODI) went down 0.6 percent year on year in the first nine months of the year, official data showed Friday.

READ MORE: China's non-financial ODI down 2.6%

The ODI amounted to 551.51 billion yuan (about US$78.88 billion) in the period, according to the ministry.  


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