According to data released by the Ministry of Commerce on July 14, foreign direct investment (FDI) into the Chinese mainland, in actual use, surged 28.7% YoY to RMB 607.84 billion (or 33.9% YoY to USD 90.96 billion, excluding the banking, securities and insurance sectors, the same below) in the first half of this year. The value increased 27.1% from the same period in 2019.
Between January and June, foreign investment in the service industry came in at RMB 482.77 billion, up 33.4% YoY; that in the high-tech industry rose to 39.4%. In particular, foreign investment in high-tech services surged 42.7%, and that in high-tech manufacturing increased 29.2%.
Investment from BRI countries expanded 49.6%, and investment from the Association of Southeast Asian Nations and the European Union rose 50.7% and 10.3%, respectively, in H1 (investment data concerning free ports are factored in).
The foreign investment actually used by China's eastern, central and western regions increased by 29.7%, 33.6% and 6.1%, respectively.