FX.co ★ China FDI Continues to Slide, But Decline Eases

Foreign direct investment (FDI) into China experienced a decline of 7.5% year-on-year, reaching CNY 693.18 billion in the first eleven months of 2025. This downturn marks a continuation of the contraction trend that began in May 2023, although the decrease was the mildest observed since August 2023. In a noteworthy shift, actual utilized FDI in November demonstrated a significant increase of 26.1% year-on-year. In terms of sector-specific investments, manufacturing drew in CNY 171.72 billion, whereas the services sector received a substantial CNY 506.29 billion. Additionally, CNY 221.26 billion was specifically allocated to technology industries, with significant upticks in the sectors of e-commerce services, medical instruments and equipment manufacturing, and aerospace equipment manufacturing. Examining the countries of origin, Switzerland emerged as the leader in FDI growth with an increase of 67%, followed by the United Arab Emirates with a 47.6% rise, and the United Kingdom with growth of 19.3%.