In January 2021, utilized foreign investment in China maintained its growth momentum from last year, rising by 4.6% year-on-year to hit RMB 91.61 billion (equivalent to US $13.47 billion, and up 6.2% year-on-year; excluding banking, securities and insurance sectors; the same below).
By industries, utilized foreign investment in the service sector rose by 11% year-on-year to reach RMB 68.46 billion, accounting for 74.7% of the nation’s total. The wholesale and retail industry, the accommodation and catering industry, and the leasing and commercial service industry recorded a growth rate of 27.2%, 71.5% and 49.8%, respectively.
By source, investment inflows from Hong Kong and Taiwan surged by 11.3% and 32.9%, respectively (including inflows through free ports), while those from Japan and the EU jumped by 27.6% and 11%, respectively.
By region distribution, foreign investment to Eastern, Central and Western China grew by 3.5%, 16.7% and 24.2%, respectively. Investment inflows increased in 22 of the nation’s 31 provinces.