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China sees rise in foreign-invested companies in first two months of 2025

China

China

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China sees rise in foreign-invested companies in first two months of 2025

2025-03-14 23:18 Last Updated At:23:37

China saw a 5.8-percent year-on-year increase in newly-established foreign-invested enterprises in the first two months of 2025, totaling 7,574 entities, data from the Ministry of Commerce showed.

The data, released on Friday, also showed that the actual use of foreign investment for January and February stood at 171.21 billion yuan (about 23.65 billion U.S. dollars), marking a 20.4-percent decrease from the previous year.

The manufacturing and the service industries actually used 47.82 billion yuan (about 6.61 billion U.S. dollars) and 120.49 billion yuan (about 16.65 billion U.S. dollars) of foreign capital respectively.

High-tech industries utilized 52.49 billion yuan (about 7.25 billion U.S. dollars) of foreign investment. Within this sector, the actual use of foreign capital in e-commerce services, biological medicine manufacturing, and intelligent consumer equipment manufacturing saw increases of 33.5 percent, 22.9 percent, and 40.7 percent respectively.

The United Kingdom, Germany, and South Korea markedly increased their investment in China, jumping by 87.9 percent, 54.7 percent, and 45.2 percent respectively.

China sees rise in foreign-invested companies in first two months of 2025

China sees rise in foreign-invested companies in first two months of 2025

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China launches internet satellite group

2025-04-29 06:57 Last Updated At:07:17

China successfully sent a new group of low Earth orbit satellites from the Wenchang Space Launch Site in southern Hainan Province on Tuesday.

The satellite group, the third of its kind that will constitute an internet constellation, was launched at 04:10 (Beijing Time) aboard a Long March-5B carrier rocket with a Yuanzheng-2 (Expedition-2) upper stage atop the rocket. The satellites entered the preset orbit successfully.

The launch marked the 573rd mission of the Long March series carrier rockets.

China launches internet satellite group

China launches internet satellite group

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