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China economy
EconomyChina Economy

China FDI up 6.3 per cent in 2020, with November up 5.5 per cent

  • Foreign direct investment (FDI) into China rose 6.3 per cent in the first 11 months of 2020 year on year to 899.38 billion yuan (US$137.3 billion)
  • FDI rose 5.5 per cent in November from a year earlier to 98.7 billion yuan (US$15 billion

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Foreign direct investment (FDI) into China rose 6.3 per cent in the first 11 months of 2020 year on year to 899.38 billion yuan (US$137.3 billion). Photo: Reuters
Reuters

Foreign direct investment (FDI) into China rose 6.3 per cent in the first 11 months of 2020 year on year to 899.38 billion yuan (US$137.3 billion), the Chinese commerce ministry said on Tuesday.

For November alone, FDI rose 5.5 per cent from a year earlier to 98.7 billion yuan (US$15 billion).

This marked the eighth consecutive month for positive growth in FDI.

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FDI into China had risen by 18.3 per cent in October from a year earlier to 81.87 billion yuan, while for the January-October period, FDI rose by 6.4 per cent from a year earlier to 800.68 billion yuan, quickening from the 5.2 per cent gain seen in the first three quarters.
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