In this undated file photo, employees work on an electronics production line of Siemens in Suzhou, Jiangsu province. (PHOTO BY HUA XUEGEN / FOR CHINA DAILY)
BEIJING – Foreign direct investment into the Chinese mainland, in actual use, expanded 17.4 percent year-on-year to 723.31 billion yuan in the first half of the year, the Ministry of Commerce said Friday.
High-tech industries saw a rapid FDI increase of 33.6 percent in the first six months. Specifically, foreign investment in high-tech manufacturing rose 31.1 percent, while that in the high-tech service sector jumped 34.4 percent
In US dollar terms, the inflow went up 21.8 percent from a year ago to 112.35 billion dollars, according to the ministry.
High-tech industries saw a rapid FDI increase of 33.6 percent in the first six months. Specifically, foreign investment in high-tech manufacturing rose 31.1 percent, while that in the high-tech service sector jumped 34.4 percent.
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The service industry received 537.13 billion yuan of foreign investment in the period, up 9.2 percent from a year earlier.
Investment from the Republic of Korea, the United States, and Germany climbed by 37.2 percent, 26.1 percent, and 13.9 percent, respectively.
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The FDI flowing into the country's western region reported a 43.9 percent surge in the January-June period, followed by 25 percent in the central region, and 15.6 percent in the eastern region.