Foreign direct investment (FDI) in China in the January-February period this year totaled RMB 139.4 billion ($22.1 billion), up 0.5 percent year on year, with a total of 8,848 new companies set up by foreign investment in China, rising by 129.2 percent year on year, as announced by China's Ministry of Commerce (MOC).
In particular, in the given period the direct investments made in China by Singapore, South Korea, Japan, the US and the UK increased by 62.9 percent, 171.9 percent, 10.2 percent, 56.8 percent and 10.5 percent, respectively, year on year.