New foreign-invested firms up 16.9 pct in China in first 11 months

China saw 61,207 newly established foreign-invested firms in the first 11 months of 2025, a year-on-year increase of 16.9 percent, according to data released Friday by the Ministry of Commerce.

During the period, the actual foreign direct investment (FDI) inflow totaled 693.18 billion yuan (about 98 billion U.S. dollars), down 7.5 percent year on year. However, FDI in November alone jumped 26.1 percent year on year, the data showed.

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New foreign-invested firms up 16.9 pct in China in first 11 months

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New foreign-invested firms up 16.9 pct in China in first 11 months

By sector, manufacturing attracted 171.72 billion yuan (about 24 billion U.S. dollars) in actual FDI during the 11-month period, while the services sector drew 506.29 billion yuan (about 71 billion U.S. dollars). Investment in high-tech industries remained robust, totaling 221.26 billion yuan.

Investment from Switzerland, the United Arab Emirates and Britain surged by 67 percent, 47.6 percent and 19.3 percent year on year, respectively, during the same period, according to the data.

Iran's Islamic Revolutionary Guard Corps (IRGC) announced Wednesday it had launched the 89th wave of Operation True Promise 4, carrying out strikes against U.S. and Israeli targets in the region.

The IRGC said in a statement that Iran and various resistance fronts, through coordinated operations, used heavy missiles, attack drones, and rockets to strike U.S. military bases and Israeli targets.

The statement said the operation targeted Israeli military facilities and assembly points in Eilat, Tel Aviv, Bnei Brak, and other locations, and claimed that, according to local sources, it had caused significant Israeli casualties.

The IRGC also stated that it had hit a location in Bahrain housing 80 U.S. troops, and Iranian ballistic missiles struck a U.S. helicopter formation at a base in Kuwait, destroying one helicopter and damaging others.