The latest official data points to a sizeable rise in actually used foreign capital in China for the first half of 2019.
Figures released by the Ministry of Commerce on 11 July indicate that 20,131 foreign-invested enterprises were established in China during the period from January to June.
Actually used foreign capital totalled 478.33 billion yuan for a YoY rise of 7.2%, while in June alone the figure was 109.27 billion yuan for YoY growth of 8.5%.
Foreign investment in China’s hi-tech sector accelerated, with YoY growth in actually used foreign capital in the sector of 44.3%, accounting for a 28.8% share of total.
Actually used foreign capital for the hi-tech manufacturing sector was 50.28 billion yuan, for YoY growth of 13.4%, while the figure for the hi-tech services sector was 87.56 billion yuan, for YoY growth of 71.1%.
Actually used foreign capital for information services, R&D and design services and tech conversion services saw YoY gains of 68.1%, 77.7% and 62.7% respectively.
Actually used foreign capital for western China totalled 34.96 billion yuan, for YoY growth of 21.2%, while free trade pilot zones in China saw a YoY increase of 20.1%.
The in-bound foreign investment sums of the EU, ASEAN and Belt and Road nations posted YoY gains of 22.5%, 7.2% and 8.5% respectively.