FDI Grows in Chemical Materials & Products Sector

During January and February 2017, 3860 foreign-invested enterprises were newly established, up 13.7% YoY; the actual amount of foreign investment was RMB138.68 billion, down 2.3% YoY. The actual use of foreign investment in manufacturing was RMB33.63 billion, or 24.3% of total foreign investment. Within that, the actual use of foreign investment in chemical raw materials and chemical product manufacturing grew by 28.3% YoY. The Ministry of Commerce of China announced these figures on March 16 th.
Investment from major countries / regions remained stable overall. During January and February, the top ten countries / regions actually invested a total of RMB131.27 billion, accounting for 94.7% of the country’s actual use of foreign investment, up 11.3 percentage points YoY. Within that, actual investment from Hong Kong, Taiwan and EU regions increased by 22.7%, 29.9% and 13.8%, respectively.