China's FDI in H1 2023 slips 2.7% YoY to over $97 bn

21 Jul '23

1 min read

Pic: Shutterstock/Oleg Elkov

Insights

China's FDI dipped 2.7 per cent YoY to 703.65 billion yuan in H1 2023.
Despite this, developed countries significantly increased their investments in China, led by France (173.3 per cent), the UK (135.3 per cent), Japan (53 per cent), and Germany (14.2 per cent).
New foreign-invested enterprises in China grew by 35.7 per cent YoY to reach 24,000.

China’s foreign direct investment (FDI) fell by 2.7 per cent year-on-year (YoY) to 703.65 billion yuan (around $97.55 billion) in the first half (H1) of 2023, as per the country’s ministry of commerce data.

Meanwhile, developed countries increased their investments in China, with YoY growth from France, the UK, Japan, and Germany by 173.3 per cent, 135.3 per cent, 53 per cent, and 14.2 per cent, respectively.

China also reported a significant rise in new foreign-invested enterprises, up by 35.7 per cent from the previous year, reaching a total of 24,000.

ALCHEMPro News Desk (NB)

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