BEIJING, Jan.20 (Xinhua) – Foreign direct investment (FDI) in mainland China, actually used, rose 6.2% year on year to a record high of 999.98 billion yuan in 2020 , the Ministry of Commerce announced on Wednesday.
In dollars, FDI increased 4.5% year-on-year to reach $ 144.37 billion.
The country has managed to emerge from the COVID-19 epidemic and meet its goal of stabilizing foreign investment in 2020, contrary to the declining trend in foreign investment globally, the ministry said.
In 2020, foreign investment in China reached an all-time high, with an accelerated rate of growth and an increased global share.
The country’s foreign investment structure continued to be optimized. Foreign investment in the service industry amounted to 776.8 billion yuan in 2020, an increase of 13.9% year on year, while those in the high-tech service sector increased by 28, 5%.
Investments from the Netherlands grew 47.6% year-on-year, and those from the United Kingdom rose 30.7%, according to the ministry.
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