China's FDI inflow up 20.5% from Jan-April |
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China's FDI inflow up 20.5% from Jan-April Updated: 2022-05-12
A photo shows the view of CBD area in downtown Beijing, capital of China. [Photo/Sipa]

China's actual use of foreign capital surged by 20.5 percent on a yearly basis to 478.61 billion yuan in the first four months of the year, Ministry of Commerce spokesperson Shu Jueting said at an online media briefing on Thursday.

Foreign direct investment totaled $74.47 billion during the four-month period, up 26.1 percent on a yearly basis.

FDI inflows into the service sector hit 351.94 billion yuan between January and April, with a year-on-year increase of 12.5 percent. The growth rates for high-tech manufacturing and high-tech services were 36.7 and 48.3 percent.

FDI flows into the eastern, central, and western regions surged 18.7, 43.7 and 26.9 percent year-on-year.