Foreign direct investment in China soars by nearly 34% this year ...News

The Chinese economy attracted over 607 billion yuan ($91 billion) in foreign direct investment (FDI), in the first half of 2021, which is a 33.9% increase year on year, the country’s Ministry of Commerce said on Wednesday. According to its report, the Chinese service sector drew in the largest amount of foreign capital – some 482.77 billion yuan ($74.61 billion) – soaring 33.4% year on year. The high-tech industry also saw a significant increase in foreign investment – by 39.4%. High-tech services attracted 42.7% more investments than in 2020, while the high-tech manufacturing industry’s appeal rose by 29.2%.

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