Foreign investment absorbed nationwide in the first 2 months reached 161.45 billion yuan.

Wei Jia

Xinhua News Agency, Beijing, March 20 (Reporter Wang Yuhao, Xie Xiyao) — According to the Ministry of Commerce, in the first two months of this year, a total of 8,631 new foreign-invested enterprises were established nationwide, a 14% increase year-on-year; the actual use of foreign investment reached 161.45 billion yuan, a decrease of 5.7% year-on-year.

In terms of industries, the manufacturing sector utilized 47.52 billion yuan of foreign investment, while the service sector used 111.22 billion yuan. High-tech industries actually used 63.21 billion yuan of foreign investment, a 20.4% increase, accounting for 39.2% of the total foreign investment used nationwide, an increase of 8.5 percentage points compared to the same period last year. Among them, R&D and design services, computer and office equipment manufacturing, and electronic and communication equipment manufacturing saw actual foreign investment growth of 171.8%, 84.1%, and 35.5%, respectively.

From the source countries, Canada, Switzerland, and France saw actual investments in China grow by 210%, 41.3%, and 3% (including investment data through free ports).

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