Foreign direct investment (FDI) into China fell 5.7% year-on-year to CNY 92.01 billion in January 2026, following a 9.5% decline in December. Despite the drop, the number of newly established foreign-invested enterprises rose 25.5% to 5,306. By sector, manufacturing attracted CNY 26.09 billion in FDI, while the services sector accounted for CNY 64.04 billion. Investment in high-tech industries reached CNY 33.75 billion, up 0.6% from a year earlier, representing 36.7% of total inflows, 2.3 percentage points higher than the same period last year. Within high-tech segments, investment in R&D and design services surged 175.1%, followed by computer and office equipment manufacturing (+82.4%) and electronic and communication equipment manufacturing (+3.7%). By source, investment from Germany, Switzerland, and Singapore increased by 86.6%, 57.4%, and 10.9%, respectively, including flows through free ports
