---
title: "Ministry of Industry and Information Technology: Actual foreign investment in the manufacturing industry exceeded 220 billion yuan in 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/228953755.md"
description: "In 2024, the actual use of foreign capital in China's manufacturing industry exceeded 220 billion yuan, marking the complete elimination of restrictions on foreign investment access. The proportion of foreign capital in high-tech manufacturing reached 11.7%, with significant growth in the medical device and computer equipment manufacturing industries, increasing by 98.7% and 21.9%, respectively. Several foreign investment projects, such as the new factory of AstraZeneca and the production base of Sanofi, have been signed and established"
datetime: "2025-02-20T03:31:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228953755.md)
  - [en](https://longbridge.com/en/news/228953755.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228953755.md)
generator: "portal-rs"
---

# Ministry of Industry and Information Technology: Actual foreign investment in the manufacturing industry exceeded 220 billion yuan in 2024

Yao Jun, Director of the Planning Department of the Ministry of Industry and Information Technology, stated that in 2024, we achieved a complete "zeroing" of foreign investment access restrictions in the manufacturing sector, which should be regarded as an important landmark achievement in our promotion of high-level opening up. In 2024, the actual foreign investment utilized in the manufacturing industry exceeded 220 billion yuan, with the proportion of actual foreign investment utilized in high-tech manufacturing reaching 11.7%. Among them, the medical device and instrument manufacturing industry and the computer and office equipment manufacturing industry showed outstanding growth, with actual foreign investment utilized increasing by 98.7% and 21.9%, respectively. A number of foreign investment projects, including AstraZeneca's new small molecule drug factory project, the Laisail fiber project of Singapore's Golden Eagle Group, and Sanofi's insulin production base project, have been signed and implemented

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**