Services drive China’s utilized FDI growth

October alone saw an increase of 18.4% compared to the same time last year
October alone saw an increase of 18.4% compared to the same time last year
October alone saw an increase of 18.4% compared to the same time last year

From January to October 2020, China’s utilized foreign direct investment (FDI) reached USD 115.09bn, growing by 3.9% y/y. October alone saw an increase of 18.4% compared to the same time last year, indicating investors’ optimism towards the Chinese market.

October alone saw an increase of 18.4% compared to the same time last year

According to China’s Ministry of Commerce, during the first ten months of 2020, the services sector accounted to nearly 80% of the overall utilized FDI. As of October, the service sectors saw an increase of 16.2% y/y in utilized FDI.

Further data and analysis on China’s economy is available on the CEIC China Economy in a Snapshot – Q4 2020 report.

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Mo., 30.11.2020 - 11:10 Services drive China’s utilized FDI growth