Economy

In the first ten months, China's actual use of foreign capital increased by 14.4% year on year

2022-11-18   

From January to October this year, the actual amount of foreign capital used nationwide was 1089.86 billion yuan, up 14.4% year on year on a comparable basis. In terms of industry, the actual use of foreign capital in the service industry was 798.84 billion yuan, up 4.8%. The actual use of foreign capital in high-tech industries increased by 31.7%, including 57.2% in high-tech manufacturing and 25% in high-tech service industries. From the source, the actual investment in China of South Korea, Germany, Britain and Japan increased by 106.2%, 95.8%, 40.1% and 36.8% respectively. In terms of regional distribution, the actual use of foreign capital in the eastern, central and western regions of China increased by 12.4%, 33.6% and 26.9% respectively. In terms of foreign investment cooperation, in the first ten months, China's foreign non-financial direct investment was 627.4 billion yuan, up 10.3% year on year, equivalent to 94.36 billion US dollars. Of which, USD 32.08 billion went to leasing and business services, up 22.2% year on year; The investment in manufacturing, wholesale and retail, construction and other fields is growing. Non financial direct investment in countries along the "the Belt and Road" reached US $17.25 billion, up 6.7% year on year, accounting for 18.3% of the total in the same period. (Liu Xinshe)

Edit:Yi Bin Responsible editor:Li Bin Wei

Source:People's Daily online

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