China’s FDI Rose 6.3% to a Record USD154.5 Billion in 2020
Xu Wei
DATE:  Jan 20 2021
/ SOURCE:  Yicai
China’s FDI Rose 6.3% to a Record USD154.5 Billion in 2020 China’s FDI Rose 6.3% to a Record USD154.5 Billion in 2020

(Yicai Global) Jan. 20 -- Foreign direct investment into China climbed 6.2 percent last year to an all-time high of CNY1 trillion (USD154.5 billion), according to official data.

Based on the commerce ministry’s US dollar exchange rate, FDI reached USD144.4 billion in 2020, a 4.5 percent increase, it said in a statement posted on its website today.

FDI in services jumped 13.9 perfect to CNY776.8 billion (USD120 billion), making up 77 percent of the yuan-denominated total.

Editor: Emmi Laine

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Keywords:   FDI,Ministry of Commerce of China