Foreign direct investment into China rose 0.9 percent to CNY 885.61 billion in 2018, equivalent to an increase of 3 percent to USD 130.93 billion. Investment in the manufacturing sector accounted for 30.6 percent of total investment, and rose 20.1 percent from a year earlier. Within this sector, investment in high-tech manufacturing grew 35.1 percent. Biggest sources of foreign direct investment were Singapore (8.1 percent year-on-year), South Korea (24.1 percent), Japan (13.6 percent), the UK (150.1 percent), Germany (79.3 percent) and the US (7.7 percent). In December only, FDI into China rose 24.9 percent year-on-year to CNY 92.34 billion, equivalent to an increase of 23.2 percent to USD 13.71 billion. Foreign Direct Investment in China averaged 446.23 USD HML from 1997 until 2018, reaching an all time high of 1349.70 USD HML in December of 2018 and a record low of 18.32 USD HML in January of 2000.
Foreign Direct Investment in China is expected to be 747.00 USD HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Direct Investment in China to stand at 1400.00 in 12 months time. In the long-term, the China Foreign Direct Investment is projected to trend around 1500.00 USD HML in 2020, according to our econometric models.