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Inbound Foreign Investment Increases 81%

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China's State Administra­tion of Foreign Exchange published a report on China's internatio­nal revenue and expenditur­e in late March, revealing that foreign investment in China reached US$520.6 billion in 2020, a rise of 81 percent on 2019.

Analysts attributed the fast growth to China's effective pandemic control and quick production recovery. Official data shows that rental and business services, informatio­n technology and manufactur­ing ranked as the top three non-finance industries which attracted the biggest amount of direct foreign investment in 2020.

The growth, according to analysts, benefits from China's continuous efforts to loosen the restrictio­ns on foreign investment and keep its currency policies stable.

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