Over 30,000 foreign-invested enterprises established in China in H1

Chinese and German managers exchange views at ContiTech Qingdao Rubber & Plastics Technology Co., Ltd., a subsidiary of German automotive component giant Continental, in Qingdao, east China's Shandong Province, April 2, 2025. [Photo/Xinhua]

A total of 30,014 foreign-invested enterprises were newly established in the Chinese mainland in the first six months this year, representing year-on-year growth of 11.7 percent, the Ministry of Commerce said on Tuesday.

During the period, foreign direct investment (FDI) in the Chinese mainland in actual use totaled 423.23 billion yuan (about 59.18 billion U.S. dollars), down 15.2 percent year on year, according to the ministry.

In breakdown, actual use of FDI during the period came in at 109.06 billion yuan in the manufacturing industry, and at 305.87 billion yuan in the services industry.

Meanwhile, actual use of FDI in high-tech sectors reached 127.87 billion yuan, with FDI in the e-commerce services sector, chemical pharmaceutical manufacturing sector, aerospace equipment manufacturing sector and medical instrument manufacturing sector growing by 127.1 percent, 53 percent, 36.2 percent and 17.7 percent, respectively.

Investments from the Association of Southeast Asian Nations countries jumped by 8.8 percent during the period, data showed. Investments from Switzerland, Japan, the United Kingdom, Germany and the Republic of Korea grew by 68.6 percent, 59.1 percent, 37.6 percent, 6.3 percent, and 2.7 percent, respectively.