China's FDI drops 11.7% YoY in January to 112.71 bn yuan

Furthermore, the ministry highlighted significant increases in FDI from various countries: a 25-fold surge from France, an 11-fold growth from Sweden, and substantial increases of 211.8 per cent, 186.1 per cent, and 77.1 per cent from Germany, Australia, and Singapore, respectively.

During the same period, a total of 4,588 new foreign-invested enterprises were established throughout the nation, reflecting a substantial surge of 74.4 per cent compared to the previous year.

FDI in the high-tech manufacturing sector witnessed an increase of 40.6 per cent compared to the same period last year, Chinese media reports said quoting the ministry.

ALCHEMPro News Desk (KD)