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China's FDI use surges in Q1
From:ChinaDaily   |  2021-04-15 15:54

The first quarter of 2021 saw China's actual use of foreign direct investment hitting 302.47 billion yuan ($46.38 billion), according to Ministry of Commerce spokesperson Gao Feng on Thursday.

That meant a 39.9 percent surge year-on-year, and an increasing of 24.8 percent over the same period in 2019, Gao said at a media briefing.

A total of 10,263 foreign-invested enterprises were established during the period, with a year-on-year growth of 47.8 percent. The figure was 6.7 percent higher than the same period in 2019, he said.

The actual use of foreign capital in the services sector during the first three months increased 51.5 percent year-on-year, he added.

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