Foreign Company Registrations Show Sustained Growth in First Two Months

Deep News
03/21

According to the latest data from the Ministry of Commerce, the number of newly established foreign-invested enterprises in China continued to grow during the first two months of the year, with actual utilization of foreign capital in high-tech industries rising rapidly. From January to February, 8,631 new foreign-invested enterprises were established nationwide, representing a year-on-year increase of 14%. Actual utilized foreign capital amounted to 161.45 billion yuan. Foreign investment in high-tech industries reached 63.21 billion yuan, up 20.4% year-on-year, accounting for 39.2% of the total foreign capital utilized nationwide—an increase of 8.5 percentage points compared to the same period last year. Notably, actual utilized foreign capital in research and design services, computer and office equipment manufacturing, and electronic and communication equipment manufacturing grew by 171.8%, 84.1%, and 35.5%, respectively. In terms of investment sources, Canada, Switzerland, and France recorded significant increases in investment into China. Pan Yuanyuan, Deputy Director of the International Investment Division at the Institute of World Economics and Politics, Chinese Academy of Social Sciences, noted that China already has a substantial stock of foreign investment, and the continued growth in newly established foreign enterprises reflects the country's status as a key global investment destination. Furthermore, the structure of foreign investment attraction is improving and optimizing. In the first two months, high-tech industries attracted foreign capital with double-digit growth, demonstrating that China’s complete industrial and supply chain advantages, along with its innovation vitality, continue to attract and concentrate high-end production factors.

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