China'S Foreign Direct Investment In The First Quarter Of 2021 Will Increase By 4.6%

In the first quarter of 2021, China's foreign direct investment reached RMB 206.14 billion, up 4.6% year-on-year, according to the Ministry of Commerce on the 25th. Among them, foreign non-financial direct investment reached 160.81 billion yuan, a year-on-year decrease of 4.9%. The turnover of foreign contracted projects reached 195.31 billion yuan, which was basically the same as that of the same period last year; The newly signed contract amount was 347.24 billion yuan, down 10.2% year on year. Foreign labor cooperation sent 74000 labor workers of all kinds, and 590000 foreign labor workers at the end of March.

From the perspective of investment destinations, China's investment cooperation with countries along the belt and road has grown steadily. In the first quarter, China's non-financial direct investment in countries along the belt and road was US $4.42 billion, up 5.2% year-on-year, accounting for 17.8% of the total in the same period, up 0.5 percentage points over the same period last year. In the countries along the belt and road, the newly signed contract value of the project was US $31.34 billion, and the turnover was US $17.75 billion, with a year-on-year increase of 19.4% and 12.4% respectively.

From the perspective of specific fields, investment in manufacturing, information transmission and other fields has increased rapidly. In the first quarter, 3.84 billion US dollars were invested in the manufacturing industry, with a year-on-year increase of 17.8%; It flowed to the information transmission industry by US $1.62 billion, up 20.9% year on year.

From the perspective of investors, the foreign investment of local enterprises has increased. In the first quarter, foreign non-financial direct investment of local enterprises reached US $20.03 billion, up 9.9% year-on-year, accounting for 80.8% of the total foreign direct investment in the same period. Foreign investment in the eastern, central and western regions increased by 7.2%, 45.6% and 6.3% respectively on a year-on-year basis.

Data also show that foreign contracted projects are concentrated in the field of infrastructure. In the first quarter, the newly signed contracts for overseas infrastructure projects contracted by Chinese enterprises amounted to US $41.2 billion, with a turnover of US $24.6 billion, accounting for 77% and 81.6% of the total respectively.

According to the data of the Ministry of Commerce, China's position as a big country in foreign investment is increasingly consolidated“ During the 13th Five Year Plan period, the scale of foreign investment is expected to reach 740 billion US dollars, with an average annual average of 148 billion US dollars, ranking the top three of the world's foreign direct investment flows.

During the "14th five year plan" period, the Ministry of Commerce will continue to encourage and support powerful enterprises to carry out foreign investment and cooperation, actively participate in international economic cooperation and competition, and contribute to accelerating the construction of a new development pattern by taking enterprises as the main body and taking the market as the guidance.