In the first eight months, my country's foreign investment increased by 22.3%, the service industry continued to be a bright spot for foreign investment
Xinhua News Agency, Beijing, September 16 (Reporter Yu Jiaxin, Zhou Yuan) The Ministry of Commerce released data on my country's foreign investment attraction in the first eight months on the 16th: From January to August, the country's actual use of foreign capital was 758.05 billion yuan, a year-on-year increase of 22.3%.
The service industry continues to be a bright spot for attracting foreign investment.
The spokesperson of the Ministry of Commerce Shu Jueting introduced at a regular press conference held on the same day that in the first eight months, the actual use of foreign capital in my country's service industry was 599.33 billion yuan, a year-on-year increase of 25.8%.
The actual use of foreign capital in the high-tech industry increased by 30.2%, of which the high-tech service industry increased by 35.2%, and the high-tech manufacturing industry increased by 14.9%.
In terms of source, actual investment in countries along the “Belt and Road” and ASEAN increased by 37.6% and 36.8% year-on-year respectively (including investment data through free ports).
In terms of regional distribution, the actual use of foreign capital in my country's eastern, central, and western regions increased by 23%, 30.1%, and 1.6%, respectively.
Tu Xinquan, Dean of the China WTO Research Institute at the University of International Business and Economics, said that taking into account the growth of my country's absorption of foreign capital last year, this year's growth will continue to be relatively high, and the results are rare.
China's better control of the epidemic and continued expansion of opening up are important reasons.
The service industry, especially the high-tech service industry, continues to be a hot spot for China to attract investment.
Tu Xinquan believes that this is due to my country's accelerated opening up in the service industry and the introduction of the negative list of cross-border service trade in the Hainan Free Trade Port, which further releases the vitality of the service industry.
At the 2021 China International Trade in Services Fair held not long ago, China proposed more and greater opening-up measures, which will surely bring more space and opportunities for foreign investment in the service industry.