The scale of RMB-denominated FDI in the mainland fell by 9.5% year-on-year last year, marking three consecutive years of decline

The Ministry of Commerce of China announced that the actual foreign direct investment (FDI) amount for the entire year of 2025 was 747.69 billion yuan, a year-on-year decrease of 9.5%, significantly narrowing from a decline of 27.1% in the previous year. The actual scale is the lowest since 2014 and has seen a year-on-year decline for three consecutive years since 2023. In 2025, there were 70,392 newly established foreign-invested enterprises in the mainland, an annual increase of 19.1%.

From the industry perspective, the actual foreign investment in the manufacturing sector was 185.51 billion yuan, while the service sector saw actual foreign investment of 545.12 billion yuan. The high-tech industry attracted 241.77 billion yuan in actual foreign investment, with the e-commerce service industry, medical instruments and equipment manufacturing, and aerospace equipment manufacturing seeing year-on-year growth of 75%, 42.1%, and 22.9%, respectively.

From the source perspective, actual investments from Switzerland, the UAE, and the UK to China increased by 66.8%, 27.3%, and 15.9% year-on-year, respectively (including data from free port investments)