Foreign direct investment into China rose 3.2 percent year-on-year to USD 89.26 billion in January-August 2019, or 6.9 percent to CNY 604.04 billion. In yuan terms, foreign investment in high-tech industries surged 39.3 percent and accounted for 28.9 percent of the total FDI, with investment in high-tech services rising 58.4 percent. Among the main sources of investment, FDI into China increased mainly from South Korea (45.3 percent), while FDI from the countries along the Belt and Road maintained steady growth of 6.3 percent. FDI in August alone rose 3.6 percent to CNY 70.89 billion. Foreign Direct Investment in China averaged 448.12 USD HML from 1997 until 2019, reaching an all time high of 1349.66 USD HML in December of 2018 and a record low of 18.32 USD HML in January of 2000.
Foreign Direct Investment in China is expected to be 1000.00 USD HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Direct Investment in China to stand at 720.00 in 12 months time. In the long-term, the China Foreign Direct Investment is projected to trend around 1500.00 USD HML in 2020, according to our econometric models.