Foreign direct investment (FDI) in mainland China’s economy fell 15.2 per cent year-on-year to 423.23 billion yuan ($59 billion) in the first half of the year, according to the Ministry of Commerce.
The manufacturing sector attracted 109.06 billion yuan, while the services sector attracted 305.87 billion yuan.
Meanwhile, ASEAN states’ FDI in January-June rose 8.8 per cent, Switzerland 68.6 per cent, Japan 59.1 per cent, the UK 37.6 per cent, South Korea 2.7 per cent and Germany 6.3 per cent.
As reported, FDI fell 27.1 per cent to ¥826.25 billion by the end of 2024. This is the maximum decline in the history of calculations (since 2008).