China: FDI rose in 2018

01/03/2019
China’s ministry of commerce registered just over 60,000 new companies setting up in the company last year with foreign direct investment (FDI). The ministry said this represented an increase of 70% compared to the previous year.

Backers from overseas invested $135 billion in these companies, which is 3% up on the previous year’s figure.

More than 6,000 of the companies set up with FDI were in the manufacturing sector, with a combined total investment of more than $40 billion.

Investments in manufacturing rose by more than 20% year on year, in terms both of the number of new companies established and in the amount of money investors put in to set those companies up.