Reported 11 months ago
According to recent data released by the Ministry of Commerce of mainland China, the actual use of foreign direct investment (FDI) in China declined by 28.2% in the first five months of 2024 to 412.51 billion yuan, continuing a downward trend for 12 consecutive months. Despite the decrease being attributed to a high base last year, the overall investment environment is expected to improve with the effectiveness of policy measures. New foreign-invested enterprises set up in China during this period increased by 17.4%, with the manufacturing sector attracting a significant portion of FDI. However, factors such as rising labor costs and changing policies have affected China's attractiveness to foreign investors.
Source: YAHOO