2024-11-19-商务部-2024年中国外资统计公报_119页_1mb

Summary of China's Foreign Investment Statistical Bulletin 2024

1. Overview of Foreign Investment in 2023

• In 2023, China utilized foreign investment strategically amidst post-pandemic economic recovery. New foreign-invested enterprises (FIEs) reached 53,766, up 39.7% from 2022, while actual foreign investment decreased by 13.7% to US$163.25 billion (Appendix 1). The structure of foreign investment continued to optimize, intensifying institutional opening up, positively contributing to overall economic recovery.

2. Foreign Investment by Industry and Sector

• Industry Distribution: Primary, secondary, and tertiary industries absorbed FIEs at 0.6%, 9.1%, and 90.3% respectively, while investment values were 0.4%, 35.2%, and 64.4% (Table 1).
• Sector Distribution: Foreign investment was concentrated in manufacturing (32.9%), scientific research and technology services (18.0%), leasing and business services (16.2%), etc., with these sectors accounting for 89.5% of total FDI value (Appendix 3). High-tech sectors saw robust investment: high-tech industry total FIEs and FDI value reached 25.6% and 37.4% of the total (Table 2).

3. Regional Distribution of Foreign Investment

• Regional Breakdown: Eastern (87.6% FIEs, 87.1% value), central (5.6%, 6.4%), and western regions (6.8%, 6.5%) received foreign investment (Table 3). The Yangtze River Economic Belt and Beijing-Tianjin-Hebei accounted for 50.9% and 13.0% of realized foreign investment value, respectively (Section 3.1).
• Provincial Performance: Leading provinces included Guangdong, Shanghai, and Jiangsu, which accounted for 40.3% of FIEs and 14.0% of FDI value (Table 5).

4. Foreign Investment by Source

• Top Sources: Hong Kong (39.2% FIEs, 68.1% value), Singapore (2.7%, 6.0%), and the Netherlands (0.3%, 3.3%) were the largest foreign investment providers in 2023 (Table 6). EU remained a significant source with newly established FIEs and FDI value at 3.2% and 6.5% (Table 6, Figure 6).
• BRI Partners: Countries along the "Belt and Road" increased their investment by 0.4% to 25.5% of total FIEs and 11.2% of FDI value (Section 4.5, Figure 9).

5. Performance of Foreign Investment

• Fixed Asset Investment: National investment reached a year-on-year increase of 3.0%, while foreign-invested enterprises grew by a marginal 0.6% (Figure 10).
• Industrial Performance: Industrial FIEs above the designated size valued at US$272.3 billion, a slight decline of 2.3% year-on-year (Section 5.2–5.3).
• Trade Role: FIEs accounted for 30.2% of national exports and 32.4% of imports in 2023 (Figure 14).

6. Global FDI Scenario

• Global Flows: In 2023, global FDI decreased by 1.8% to US$133.1 billion, while China ranked second globally with US$163.3 billion of FDI value decreased by 13.7% (Section 6.1).
• Regional Trends: Asia, especially East Asia, remained the most attractive region for FDI, accounting for 46.6% of global FDI (Section 6.4).
• China's Share: China's FDI share at 12.3% for 2023 continued its status as the top recipient among developing countries for 32 consecutive years (Section 6.6).

Conclusion

China maintained its position as a prime destination for foreign investment in 2023. While the scale of investment remains historically high, optimizing the foreign investment structure became a more critical goal. High-tech and emerging industries remain key targets, enhanced through regional cooperation agreements such as the BRI and continuous institutional opening. Challenges including global uncertainty and domestic competition persist, to be addressed through continued reform and regulatory improvements.