China's 2019 FDI up 5.8 percent

Foreign direct investment (FDI) in China in 2019 grew the most in two years, though outbound investment declined amid continuing capital controls. FDI was up 5.8% year-on-year to 941.5 billion yuan ($136.71 billion) last year, the commerce ministry said on Tuesday, the biggest rise since 2017, when it grew 7.9% in yuan terms.

China remained the second largest recipient of FDI globally, said Chinese Vice Commerce Minister Qian Keming at a news briefing on Tuesday in Beijing.