China's FDI inflow up 15.6% in Jan-Sept | investinchina.chinadaily.com.cn
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China's FDI inflow up 15.6% in Jan-Sept

By Liu Zhihua chinadaily.com.cn Updated: 2022-10-27
A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. [Photo/IC]

The actual use of foreign capital in China reached more than 1 trillion yuan in the first nine months of the year, soaring 15.6 percent from a year ago, data released by the Ministry of Commerce showed on Thursday.

In US dollar terms, the value was $155.3 billion, surging 18.9 percent from a year earlier.

The actual use of foreign capital in the service sector rose 6.7 percent year-on-year to 741.43 billion yuan during the period.

The growth rate in the high-tech sector was 32.3 percent. The figures for high-tech manufacturing and high-tech services were 48.6 percent and 27.9 percent, respectively.

The actual use of foreign capital in the eastern, central and western regions of the country increased 13.3 percent, 34.8 percent and 33 percent year-on-year during the period, respectively.