China's appeal to global investors remained robust in January, with new foreign-invested enterprises surging and high-tech industries continuing to draw significant capital, according to the latest data from the Ministry of Commerce.
A total of 5,306 new foreign-invested enterprises were established nationwide in January, representing a 25.5-percent year-on-year increase. Actual utilization of foreign capital reached 92 billion yuan (about 13.4 billion U.S. dollars), underscoring sustained international confidence in China's business environment.
High-tech industries emerged as a key growth driver. Actual utilization of foreign capital in the sector was over 33.7 billion yuan (about 4.9 billion U.S. dollars), a 0.6-percent annual rise and accounting for 36.7 percent of the national total -- up 2.3 percentage points compared to the same period last year.
Investment inflows from several major economies accelerated notably. German companies increased their actual investment in China by 86.6 percent year on year, while that by Swiss and Singaporean investors gained 57.4 percent and 10.9 percent, respectively.
China attracts strong foreign investment in January, led by high-tech sector
China attracts strong foreign investment in January, led by high-tech sector
