Foreign investment in China reached $ 155.3 billion – Last Minute Economy News

China’s Ministry of Commerce has released foreign investment (FDI) veri for the first nine months of the year.

Foreign direct investment in the country increased by 18.9 percent year-on-year in the January-September period, reaching $ 155.3 billion.

During the aforementioned period, investments in the service sector increased by 6.7 percent and in the high-tech sector by 32.3 percent.

The Chinese economy grew 3% in the first 9 months, underperforming the government’s growth target for 2022 by “about 5.5% per annum”.