Foreign direct investment, in actual use in China, fell 28.2 percent to 412.5 billion yuan (about 57.94 billion dollars) in the first five months of this year compared to the same period last year.
Official data released by China's Ministry of Commerce showed that despite the decline, 21,764 new foreign-invested enterprises were established across China during the January-May 2024 period, up 17.4 percent.
The volume of foreign investment in actual use remains at a historically high level, with the decline mainly due to last year's high comparative rule.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
