Beijing Review

ECONOMY

FDI Inflow

Paid-in foreign direct investment (FDI) in the Chinese mainland surged 25.5 percent year on year to 672.19 billion yuan ($100.7 billion) in the first seven months of this year, the Ministry of Commerce said on August 16.

The value increased 26.1 percent from the same period in 2019.

Investment in the service industry jumped 29.2 percent to 535.57 billion yuan ($82.6 billion), accounting for 79.7 percent of the total. Hi-tech industries’ FDI jumped 34.1 percent.

Capital inflow from the countries along the Belt and Road routes and the Association of Southeast

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