Foreign direct investment into China rose 3 percent year-on-year to USD 21.69 billion in January-February 2019, or 5.5 percent to CNY 147.11 billion. In yuan terms, investment in the manufacturing sector rose 12 percent, with investment in high-tech manufacturing growing 9.3 percent. There was more capital coming from South Korea (35.6 percent), Singapore (8.4 percent), the US (44.3 percent), the Netherlands (174.8 percent), Germany (39.9 percent) and France (113.3 percent). In February only, FDI rose 3.3 percent to USD 9.28 billion, or 6.6 percent to CNY 62.94 billion. Foreign Direct Investment in China averaged 444.15 USD HML from 1997 until 2019, 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 350.00 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.