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Foreign investment in China continued to grow in January

Foreign direct investment (FDI) in China – in non-financial sectors – increased by 3.2 percent year-on-year in January to US$14.07 billion, Chinese state-run news agency Xinhua reported.

Data from China’s Ministry of Commerce – quoted by the media outlet – also showed foreign investment in the service sector accounted for 67.6 percent of last month’s total inflow.

According to Xinhua, investment from the United States rose 463.6 percent in January. FDI from the European Union rose 30.9 percent, while inflow from Japan increased 22.8 percent.

China’s economy grew by 6.9 percent year-on-year in 2015. It was the country’s lowest annual economic expansion in the last 25 years.