Foreign direct investment (FDI) into China fell 9.5% to CNY 747.77 billion in 2025, following a sharp 24.7% decline in 2024 and marking the third consecutive year of contraction. Despite the overall downturn, investment from Switzerland, the United Arab Emirates and the UK rose significantly, up 66.8%, 27.3% and 15.9%, respectively. By sector, manufacturing attracted RMB 185.51 billion in FDI, while the services sector accounted for RMB 545.12 billion. Investment in high-tech industries totalled RMB 241.77 billion, with notable gains in e-commerce services (+75%), medical equipment and machinery manufacturing (+42.1%), and aerospace equipment manufacturing (+22.9%). Meanwhile, 70,392 new foreign-invested enterprises were established nationwide, representing a 19.1% year-on-year increase. source: Ministry of Commerce of the People's Republic of China

Foreign Direct Investment YoY in China decreased to -9.50 percent in December from -7.50 percent in November of 2025. Foreign Direct Investment YoY in China averaged 5.25 percent from 2008 until 2025, reaching an all time high of 109.78 percent in January of 2008 and a record low of -32.60 percent in January of 2009. This page includes a chart with historical data for China Foreign Direct Investment YoY. China Foreign Direct Investment YoY - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-19 09:30 AM
FDI (YTD) YoY
Nov -7.5% -10.3% -8.0%
2026-01-23 01:00 PM
FDI (YTD) YoY
Dec -9.5% -7.5% -6.8%
2026-02-16 09:00 AM
FDI (YTD) YoY
Jan -9.5%


Related Last Previous Unit Reference
Passanger Car Exports 851951.00 702680.00 Dec 2025
Balance of Trade 114.14 111.68 USD Billion Dec 2025
Capital Flows -2404.62 -1369.75 USD Hundred Million Sep 2025
Crude Oil Production 4240.00 4320.00 BBL/D/1K Oct 2025
Current Account 1987.00 1287.00 USD Hundred Million Sep 2025
Current Account Goods 2694.50 2191.40 USD Hundred Million Sep 2025
Current Account Services -493.38 -471.04 USD Hundred Million Sep 2025
Current Account to GDP 2.20 1.50 percent of GDP Dec 2024
Electric Car Exports 235229.00 199836.00 Units Dec 2025
Exports 357.78 330.35 USD Billion Dec 2025
Exports by Category
Exports by Country
Exports YoY 6.60 5.90 percent Dec 2025
External Debt 24198.00 24475.00 USD Hundred Million Dec 2024
Foreign Direct Investment 1073.80 863.80 USD Hundred Million Dec 2025
Foreign Direct Investment YoY -9.50 -7.50 percent Dec 2025
Gold Reserves 2306.30 2303.50 Tonnes Dec 2025
Imports 243.64 218.67 USD Billion Dec 2025
Imports by Category
Imports by Country
Imports YoY 5.70 1.90 percent Dec 2025
Terms of Trade 94.50 93.90 points Dec 2025
Terrorism Index 1.86 0.58 Points Dec 2024
Tourist Arrivals 2694.00 1378.38 Tens of Thousands Dec 2024
Weapons Sales 1131.00 2982.00 SIPRI TIV Million Dec 2024


China Foreign Direct Investment YoY
In China, Foreign Direct Investment refers to foreign capital actually utilized, which is to the amount which has been actually used according to the agreements and contracts, including cash, materials and invisible capital such as labor service and technology which both parties agree to take as an investment.
Actual Previous Highest Lowest Dates Unit Frequency
-9.50 -7.50 109.78 -32.60 2008 - 2025 percent Monthly
NSA; YTD

News Stream
China FDI Falls Again in 2025
Foreign direct investment (FDI) into China fell 9.5% to CNY 747.77 billion in 2025, following a sharp 24.7% decline in 2024 and marking the third consecutive year of contraction. Despite the overall downturn, investment from Switzerland, the United Arab Emirates and the UK rose significantly, up 66.8%, 27.3% and 15.9%, respectively. By sector, manufacturing attracted RMB 185.51 billion in FDI, while the services sector accounted for RMB 545.12 billion. Investment in high-tech industries totalled RMB 241.77 billion, with notable gains in e-commerce services (+75%), medical equipment and machinery manufacturing (+42.1%), and aerospace equipment manufacturing (+22.9%). Meanwhile, 70,392 new foreign-invested enterprises were established nationwide, representing a 19.1% year-on-year increase.
2026-01-23
China FDI Continues to Slide, But Decline Eases
Foreign direct investment (FDI) into China declined 7.5% year-on-year to CNY 693.18 billion in the first eleven months of 2025, extending the streak of contractions that began in May 2023, though the drop was the softest since August 2023. In a sharp turnaround, actual utilized FDI in November surged 26.1% year-on-year. By sector, manufacturing attracted CNY 171.72 billion, while services accounted for CNY 506.29 billion of inbound investment. Meanwhile, CNY 221.26 billion was directly channeled into technology industries, with notable growth in e-commerce services, medical instruments and equipment manufacturing, and aerospace equipment manufacturing. By country of origin, Switzerland led FDI growth (+67%), followed by the United Arab Emirates (+47.6%) and the United Kingdom (+19.3%).
2025-12-19
China FDI Continues to Contract
Foreign direct investment (FDI) into China fell by 10.3% to CNY 621.93 billion on the year to October of 2025, extending the two-and-a-half-year ongoing streak of contractions, albeit at the softest magnitude since December of 2023. The allocation of foreign direct investment to manufacturing was CNY 161.91 billion, while that for services was CNY 445.82 billion. In the meantime, CNY 192.52 of foreign capital was directly invested in technological industries. The largest source of investment was the United Arab Emirates, totaling nearly half of all inflow, while the UK and Switzerland also placed notable investments.
2025-11-21