Foreign direct investment in China increased by 8 percent in 2022

Foreign direct investments in China increased by 8 percent in 2022 compared to the previous year.

According to the statement made by the Ministry of Commerce of China, foreign direct investments in the country reached 189.13 billion dollars with an annual increase of 8 percent in the January-December period.

South Korea, Germany and England were the countries with the highest investments throughout the year. Investments from South Korea increased 64.2 percent in yuan terms, 52.9 percent from Germany and 40.7 percent from the UK.

Investments from European Union (EU) countries increased by 92.2 percent, from countries within the scope of Generation and Road Initiatives (BRI) by 17.2 percent and from Southeast Asian Nations Association (ASEAN) countries by 8.2 percent.

While investments in the manufacturing branch increased by 46.1 percent year on year in yuan basis, they constituted 26.3 percent of the total investments.

While investments in advanced technology increased by 28.3%, its share in the total became 36.1 percent.

Compared to the previous year, the share of manufacturing investments increased by 7.8 points, while the share of advanced technology investments increased by 7.1 points.