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FDI Inflow in China Dives 28.2% in January-May.

FDI Inflow in China Dives 28.2% in January-May.



Monday 24 June 2024



Between January and May 2024, there was a notable 28.2% year-on-year decrease in foreign direct investment (FDI) in China, totalling CNY 412.5 billion. This decline marked a historic downturn for the first five months of the year.




Of the total FDI, the high-tech manufacturing sectors attracted around 12.2%, amounting to CNY 50.41 billion, reflecting a modest 2.7% increase compared to the same period in the previous year.


Additionally, there was a significant surge in foreign investment by 103.1% and 332.9% in the smart consumer equipment and professional and technical services sectors, respectively. Singapore and Germany were instrumental in this growth, contributing 16.2% and 24.2% to the overall rise in FDI.


In May, the country received CNY 52.3 billion in FDI, slightly lower than the CNY 58.5 billion recorded in April.


Stats


In May 2024, China experienced a decrease in Year-over-Year (YoY) Foreign Direct Investment, with figures dropping from -27.90 percent in April to -28.20 percent.


Notably, China's YoY Foreign Direct Investment had previously peaked at 109.78 percent in January 2008 and hit a record low of -32.60 percent in January 2009, maintaining an average of 7.57 percent between 2008 and 2024.


For a comprehensive view of the historical data on China's Foreign Direct Investment YoY, please refer to the chart provided on this page. The latest update to this dataset, along with the historical chart, estimates, and release schedule, was completed in June 2024. (Source: Trading Economics)






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