Chinanews.com, October 16th. According to the Ministry of Commerce website, from January to September 2020, the actual use of foreign capital nationwide was 718.81 billion yuan, a year-on-year increase of 5.2% (equivalent to US$103.26 billion, a year-on-year increase of 2.5%; excluding banks and securities , Insurance field, the same below).
For the first time this year, China’s actual use of foreign capital has achieved “double conversion” in the cumulative indicators of RMB and US dollars.
From the perspective of a single month, the actual use of foreign capital in September was 99.03 billion yuan, a year-on-year increase of 25.1% (equivalent to US$14.25 billion, a year-on-year increase of 23.7%), achieving a year-on-year growth for six consecutive months.
From the quarterly perspective, the actual use of foreign capital in the third quarter increased by 20.4% year-on-year, and the growth rate was significantly higher than the -10.8% in the first quarter and 8.4% in the second quarter.
In terms of industries, from January to September, the actual use of foreign capital in the service industry was 559.68 billion yuan, an increase of 15% year-on-year; the high-tech service industry increased by 26.4% year-on-year, including e-commerce services, professional technical services, R&D and design services, and technological achievements transformation Services increased by 18.5%, 92.5%, 72.8%, and 31.2% respectively year-on-year.
Among the main sources of investment, from January to September, the actual amount of foreign investment in Hong Kong, Singapore, the United Kingdom, and the Netherlands increased by 11%, 8.6%, 32.8%, and 150% respectively year-on-year (including investment data through Freeport).