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China s January foreign direct investment (FDI) data has shown that the country remained an attractive destination for foreign investors following a record-breaking inflow in 2020.
FDI into the Chinese mainland expanded 4.6 percent year on year in actual use to 91.61 billion yuan last month, the Ministry of Commerce (MOC) said on Wednesday.
Foreign investment in the services industry came in at 68.46 billion yuan in January, up 11 percent year on year and accounting for 74.7 percent of the country s total FDI, according to the MOC.
Wholesale and retail trade sectors saw FDI climb 27.2 percent year on year during the period, and the accommodation and catering industries saw a 71.5 percent surge.