The person in charge of the Foreign Investment Department of the Ministry of Commerce introduced the national absorption of foreign investments from January to July, 2020.

From January to July, 2020, the actual utilized foreign capital in China reached 535.65 billion yuan, up 0.5%, equivalent to 76.98 billion US dollars, and down 2.3% year-on-year, excluding banking, securities, insurance fields, the same below. In July, the actual use of foreign capital nationwide reached 63.47 billion yuan, up 15.8% year on year, equivalent to 9.05 billion US dollars, up 12.2% year on year, marking the fourth consecutive monthly increase in the amount of foreign capital absorbed.

By sectors, from January to July, the actual use of foreign capital in the service sector was 414.59 billion yuan, up 11.6% year on year, accounting for 77.4% of China's foreign capital absorption. The high-tech services sector rose by 27.4% year on year, of which information services, research and development and design services, professional and technical services, and scientific and technological achievements transformation services increased by 22.2%, 57.6%, 166.8%, and 15.6%, respectively.

Among the major sources of investments, from January to July, the actual amounts of foreign investments in Hong Kong, Singapore and the UK increased by 8.2%, 4.6% and 48.6% year on year, respectively, including data from investments in free port.