China Foreign Direct Investment YoY

Foreign direct investment (FDI) in China fell by 15.2% year-on-year to CNY 423.23 billion in the first half of 2025, amid global economic uncertainty. By sector, the manufacturing industry attracted CNY 109.06 billion in foreign capital, while the services sector received a larger share at CNY 305.87 billion. High-tech industries remained a key focus, accounting for CNY 127.87 billion in actual foreign investment. Within that segment, several areas saw strong growth: e-commerce services surged by 127.1%, chemical pharmaceutical manufacturing rose 53%, aerospace and equipment manufacturing increased 36.2%, and medical equipment and device manufacturing grew 17.7%. From a regional perspective, investment from ASEAN countries rose 8.8%, while Switzerland and Japan saw sharp increases of 68.6% and 59.1%, respectively. The UK, Germany, and South Korea also recorded gains of 37.6%, 6.3%, and 2.7%. While total investment fell, foreign interest in China’s high-tech sectors remained strong.