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Foreign investment in China up 81 pct in 2020

Abstract : China last year attracted 520.6 billion U.S. dollars of foreign investment, up by 81 percent from 2019, the State Administration of Foreign Exchange (SAFE) said in a report.

BEIJING, April 4 (Xinhua) — China last year attracted 520.6 billion
U.S. dollars of foreign investment, up by 81 percent from 2019, the
State Administration of Foreign Exchange (SAFE) said in a report.

Amid China’s steady economic recovery and improved business climate,
foreign direct investment into the Chinese mainland grew by 14 percent
in 2020, the report said.

In 2020, China’s securities market saw net inflows of overseas funds
totaling 254.7 billion dollars, a surge of 73 percent year on year, SAFE
data showed.

Net inflows into Chinese bonds jumped by 86 percent from a year ago
to 190.5 billion dollars, while that into equities reached 64.1 billion
dollars, up by 43 percent year on year.

The report attributed the significant growth in Chinese securities’
overseas holdings to the country’s promising economic development
prospects, prudent monetary policy, and high-level opening up of the
financial market. Enditem

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Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: Foreign investment in China up 81 pct in 2020

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