FDI in China Slips 13.2% Despite Surge in High-Tech Sectors

Foreign direct investment (FDI) in China declined by 13.2% year-on-year to CNY 358.19 billion (USD 49.88 billion) in the January–May 2025 period.

By sector, the manufacturing industry attracted CNY 91.52 billion in foreign capital, while the services sector received CNY 259.64 billion.

High-tech industries accounted for CNY 109.04 billion in actual foreign investment, with notable growth in specific areas: e-commerce services (146%), aerospace and equipment manufacturing (74.9%), chemical pharmaceutical manufacturing (59.2%), and medical equipment and device manufacturing (20%).

From a regional perspective, FDI from ASEAN countries rose by 20.5%, while inflows from Japan, the United Kingdom, South Korea, and Germany increased by 70.2%, 60.9%, 10.3%, and 7.1%, respectively.