China’s actual use of foreign direct investment (FDI) totaled ¥621.93 billion in Jan–Oct 2025, down -10.3% YoY, while 53,782 new foreign-invested enterprises were established, a +14.7% YoY increase, reflecting weaker capital inflows but continued expansion in enterprise formation.

• Manufacturing FDI was ¥161.91 billion, showing steady but smaller-scale investment relative to services.

• Service-sector FDI reached ¥445.82 billion, underscoring the sector’s dominant role in attracting foreign capital.

• High-tech industries received ¥192.52 billion, with notable increases in key sub-sectors such as e-commerce services (+173.1% YoY), medical equipment manufacturing (+41.4% YoY), and aerospace equipment manufacturing (+40.6% YoY).

• Investment from the UAE (+48.7% YoY), the UK (+17.1% YoY), and Switzerland (+13.2% YoY) increased, indicating selective strength among major investor countries.