数读中国 增长26.1%！中国吸引外资韧性不减

Core Insights - The global external environment for foreign investment has tightened, leading to a certain degree of value chain restructuring, yet China's resilience in attracting foreign investment remains strong, making it a favored destination for foreign capital [1] Group 1: Foreign Investment Trends - In the first 11 months of 2025, a total of 61,207 new foreign-invested enterprises were established in China, representing a growth of 16.9% compared to the previous period [6][7] - By the end of June 2025, China's actual foreign investment utilization reached $708.73 billion, surpassing the target of $700 billion six months ahead of schedule [10][12] - The actual foreign investment in China's high-tech industries during the first 11 months of 2025 amounted to 221.26 billion yuan, indicating a significant influx of foreign capital into sectors aligned with China's economic transformation [15][17] Group 2: Sector-Specific Growth - The structure of foreign investment in China is continuously improving, with notable increases in specific sectors: - E-commerce services grew by 127% - Medical instruments and equipment manufacturing increased by 46.5% - Aerospace manufacturing rose by 41.9% [20] Group 3: R&D Investment by Multinational Corporations - According to a report by the Ministry of Commerce Research Institute, from 2013 to 2023, R&D expenditures by multinational companies in China increased by 86.5%, reflecting a shift from technology transfer and contract manufacturing to joint R&D and collaborative industrial ecosystem building [23]