Foreign direct investment (FDI) into China fell 5.7% year-on-year to CNY 92.01 billion in January 2026, easing from a 9.5% decline in December. Despite the overall drop, the number of newly established foreign-invested enterprises rose 25.5% to 5,306.
By sector, manufacturing absorbed CNY 26.09 billion in FDI, while the services sector attracted CNY 64.04 billion. Investment in high-tech industries totaled CNY 33.75 billion, up 0.6% from a year earlier and accounting for 36.7% of total inflows, 2.3 percentage points higher than in the same period a year ago.
Within high-tech segments, investment in R&D and design services surged 175.1%. This was followed by strong growth in computer and office equipment manufacturing (+82.4%) and more moderate gains in electronic and communication equipment manufacturing (+3.7%).
By source of capital, investment from Germany, Switzerland, and Singapore increased by 86.6%, 57.4%, and 10.9%, respectively, including funds routed through free ports.
