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Number of foreign-invested firms in China up 9.9 pct in 2024

BEIJING, Jan. 17 (Xinhua) — A total of 59,080 new foreign-invested firms were established across China in 2024, an increase of 9.9 percent year on year, the Ministry of Commerce said Friday.

In 2024, foreign direct investment (FDI) in the Chinese mainland in actual use totaled 826.25 billion yuan (114.76 billion U.S. dollars), down 27.1 percent year on year.

In terms of sectors, FDI inflows hit 221.21 bi