China’s FDI fell -15.2% YoY to ¥423.23 billion in the first half of 2025, despite a pickup in newly established foreign-invested enterprises, which rose +11.7% YoY to 30,014.

• High-tech industries attracted ¥127.87 billion, with strong YoY gains in e-commerce services (+127.1%), chemical/pharma manufacturing (+53%), aerospace/equipment (+36.2%), and medical devices (+17.7%).
• Manufacturing drew ¥109.06 billion in FDI, while the service sector brought in ¥305.87 billion.
• FDI from ASEAN rose +8.8% YoY, with notable increases from Switzerland (+68.6%), Japan (+59.1%), UK (+37.6%), Germany (+6.3%), and South Korea (+2.7%).