China’s actual use of foreign direct investment fell -9.5% YoY in 2025 to ¥747.69B, even as new foreign-invested enterprises rose +19.1% YoY, signaling weaker inflows alongside continued foreign firm formation.

• A total of 70,392 new foreign-invested enterprises were established in 2025 (+19.1% YoY), indicating faster growth in foreign business registrations despite softer capital inflows.

• Actual foreign capital utilized totaled ¥747.69B in 2025 (-9.5% YoY), pointing to a larger annual decline than the pace implied by new enterprise formation.

• By sector, manufacturing attracted ¥185.51B in FDI while services received ¥545.12B, reinforcing the service sector as the dominant destination for foreign investment.

• High-tech industries drew ¥241.77B in FDI, representing a sizable share of total utilization and indicating relative resilience in tech-oriented categories.

• Within high tech, FDI increased in e-commerce services (+75% YoY), medical instruments and equipment manufacturing (+42.1% YoY), and aerospace equipment manufacturing (+22.9% YoY), showing concentrated strength in select subsectors.

• By source country, inflows from Switzerland rose +66.8% YoY, the UAE increased +27.3% YoY, and the UK increased +15.9% YoY (including free port investment data), highlighting selective gains among key investor countries.