However, in a contrasting trend, the number of new foreign-invested firms established in China showed a notable increase. During the same period, the country saw the establishment of 48,078 new firms with foreign investment, marking a substantial year-on-year rise of 36.2 per cent.
Despite the overall decline in FDI, investment from certain countries saw remarkable growth. Investment from the UK, France, and the Netherlands surged significantly. The FDI from the UK increased by 93.9 per cent, from France by 93.2 per cent, and from the Netherlands by 34.1 per cent, as per the ministry data.
ALCHEMPro News Desk (DP)
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