In January-September 2016, China’s actual amount of foreign capital was RMB 609.03 billion (US$ 95.09 billion), up 4.2% year on year. The official from the Department of Foreign Investment Administration pointed out the characteristics of China’s assimilation of FDI in January-September as follows:

1. The overall national absorption of FDI sustained a growth.

In January-September, a total of 21,292 newly-established foreign-invested enterprises were approved, going up 12.2% year on year. The actually utilized FDI amounted to RMB 609.03 billion (US$ 95.09 billion), up 4.2% year on year (data of bank, insurance and security excluded). In September, 2,754 newly-established foreign-invested enterprises were approved, going up 27.9% year on year, and the actually utilized foreign capital reached RMB 60.2 billion (US$ 9.21 billion), increasing 1.2% year on year.

2. The absorption of FDI in service sector maintained a growth and that in hi-tech service continued to increase.

In January-September, the actually utilized FDI in service sector was RMB 430.7 billion, up 9% year on year, taking up 70.7% of the national total. Among them, that in transport, warehouse and postal service, information transmission, computer service and software, and lease and business service sector stood at RMB 28.86 billion, RMB 43.67 billion and RMB 75.44 billion respectively, going up 92%, 166.7% and 73.8% respectively year on year. The actually utilized FDI in hi-tech service sector reached RMB 73.88 billion, going up 95% year on year. Among these, the information service, R&D and the service of design, and transformation of scientific and technological achievements service had comparatively high utilization of foreign capital, increasing by 173.2%, 38.3% and 54.9% respectively year on year.

In manufacturing, the actually utilized FDI in pharmaceutical industry, general equipment manufacturing, transport equipment manufacturing and special equipment manufacturing was up 67.4%, 12.2%, 9.7% and 4.6% respectively.

3. The investment from major sources kept growing.

In January-September, the actual input of the investment from the top ten countries and regions (calculated by actual input value of foreign capital) amounted to RMB 574.62 billion, taking up 94.4% of the total national actual use of foreign capital, going up 4.3% year on year. Among these, those from the US, Germany, UK, Sweden and ROK grew by 67.1%, 118.9%, 95.8%, 51.7% and 28.3% respectively. Over the same period of time, the actual input of foreign capital from ASEAN reached RMB 32.47 billion, down 7% year on year. The actual input of foreign capital from 28 EU countries reached RMB 50.59 billion, up 48.7% year on year.

(The investment data of the above countries/regions includes the investment from the free port of the countries/regions)

4. The absorption of foreign investment from the western region grew rapidly, and the industrial structure was further optimized; that from the eastern region maintained a rapid growth.

In January-September, the actual use of foreign investment in the western region was RMB 41.76 billion, up 18.2% year on year. Among these, that in transport, warehouse and postal service, information transmission, computer service and software, and lease and business service sector was up 278%, 285.9%, 145.5% and 91.3% respectively. The actual use of foreign investment in the eastern region reached RMB 536 billion, up 8% year on year. The actual use of foreign investment in the Yangtze River Economic Belt was RMB 284.6 billion, up 8.3% year on year.

5. There are a large number of newly set large enterprises with added capital.

In January-September, there were 550 large foreign invested enterprises with a total investment amount over US$ 100 million, and about 340 enterprises with more than US$100 million added capital. Among them, there were manufacturing enterprises which engage in the manufacturing of new materials, new energy automobiles and batteries, aircraft components, medical instruments, industrial automatic control and integrated circuit and chips; among them, there were also service enterprises that engage in medical care, old-age care, e-commerce, financial service, cloud computing, R & D of bio-fuel and R &D and the application of the technology of the Internet of Things.

6. The actual use of foreign capital by foreign M&A continued to increase.

In January-September, a total of 1066 newly-established foreign-invested enterprises by M & A were approved with an actual use of foreign capital RMB 114.49 billion, up 4.9% and 17.2% respectively year on year, taking up 5% and 18.8% respectively of their total figures.