In January, foreign investment flows into the Chinese economy decreased by 11.7 percent on an annual basis, reaching 15.86 billion dollars. reports Ministry of Commerce of the People’s Republic of China.
Despite the general decline, investment volume increased 25 times from France and 11 times from Switzerland last month, thanks to large projects. Investments from Germany and Australia have almost tripled. Singapore increased investment by 77.1%.
Most of the funds received were used to finance China’s high-tech industrial sector (+40.6% year-on-year) and manufacturing industry (+20.5%).
Foreign direct investment flows to China according to 2023 results decreased It increased by 8% to $157.1 billion.
Before recognizedIt was stated that the EU was included in the 13th package, which includes sanction restrictions against India, China and Turkey due to their connections with Russia.
Previously, Britain had taken precautions against three Chinese companies. Embassy of the People’s Republic of China promise Respond to London’s sanctions.