According to customs data, China's actual use of foreign capital in the first 10 months was 1089.86 billion yuan (about 168.34 billion US dollars), up 14.4% year on year.
According to customs data, South Korea's actual investment in China grew the most, with a year-on-year growth of 106.2%.
According to customs data, in October this year, the total bilateral trade between South Korea and China was 25.565 billion dollars, the total exports to China that month was 12.154 billion dollars, the total imports in China was 13.412 billion dollars, and the deficit with China was 1.258 billion dollars. According to customs data, since the beginning of the year, South Korea has been in deficit with China for six consecutive months.
Although the trade deficit continues to expand, South Korea still chooses to invest in the Chinese market.
According to customs data, Samsung Electronics has invested 3.8 billion dollars in the United States since 1997-2020, but only 22.2% of the total investment in China in the same period. Although the company has investment related businesses in the United States, the scale is also far smaller than the investment in the Chinese market.
However, Germany, which had just finished its trip to China, saw a year-on-year growth of 95.8% in its actual investment in China in the first October.
At the beginning of this month, the enterprises that went to China with German Prime Minister covered chemical industry, automobile, energy and other fields. Only in 2021, the investment in these fields accounted for nearly 70% of German direct investment in China. Whether BASF invested 10 billion euros (about US $10.3 billion) in the early days or BMW invested 10 billion yuan (about US $1.4 billion) in its Shenyang base recently, all of them show the favor and trust of German enterprises in the Chinese market.
In addition to the continuous increase of investment in China by South Korea and Germany in the first 10 months, the investment in China by Britain and Japan also increased by 40.1% and 36.8% year on year respectively.
Since the beginning of direct investment in China, Japan's investment in China has not been small. By 2018 alone, Japan's cumulative investment projects in China had reached 51834, with a cumulative scale of $111.98 billion, ranking first among countries investing in China.