16:48 - 30.07.2024

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July 30, Fineko/abc.az. In the period from January to June 2024, foreign direct investments (FDIs) in China fell by 29.1% year–on–year to 498.91 billion yuans, which is a record decline in the first 6 months of the year, ABC.AZ reports with reference to the Chinese Ministry of Commerce.

About 12.8% of the total volume, or 63.75 billion yuans, was directed to high-tech industries, which is 2.4 percentage points more against Jan-Jun 2023.

Foreign investments in the production of medical equipment and instruments, as well as professional technical services, increased by 87.5% and 43.4%, respectively.

The source of FDIs was Germany – slightly more than 18%, as well as Singapore – 10.5%, the publication notes.