China's 2020 FDI hits record high amid recovering economy


Photo taken on Jan. 2, 2021 shows the light show at the Lujiazui area in east China's Shanghai. (Xinhua/Wang Xiang)

Foreign direct investment (FDI) into the Chinese mainland expanded 6.2 percent year on year to a record high of 999.98 billion yuan in 2020, the Ministry of Commerce (MOC) said on Wednesday (Jan 20).

In U.S. dollar terms, the inflow went up 4.5 percent year on year to 144.37 billion dollars.

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