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China's foreign direct investment up 6.5% in Q1

By Zhong Nan chinadaily.com.cn Updated: 2019-04-19
March's FDI amounted to 95.17 billion yuan, up eight percent year-on-year. [Photo/VCG]

China's foreign direct investment (FDI) totaled 242.28 billion yuan in the first quarter of this year, up 6.5 percent year-on-year, the Ministry of Commerce said Thursday.

FDI in China from non-financial sectors reached $35.8 billion in the first three months, up 3.7 percent year-on-year.

Investment from South Korea, the United States and Germany in China meanwhile increased 79.6 percent, 71.3 percent and 86.1 percent year-on-year, respectively.

Foreign capital flowing to the country's high-tech manufacturing sector surged 14.8 percent year-on-year to 25.97 billion yuan during the same period.

March's FDI amounted to 95.17 billion yuan, up eight percent year-on-year.