China's FDI inflow up 17.8% in first 10 months

BEIJING -- Foreign direct investment (FDI) into the Chinese mainland, in actual use, rose 17.8 percent year-on-year to 943.15 billion yuan, or $142.01 billion, in the first 10 months of the year, the Ministry of Commerce said Monday.

During the Jan-Oct period, FDI into the service sector increased 20.3 percent year-on-year, while high-tech industries saw FDI inflow jump 23.7 percent, data from the ministry showed.

Foreign investments from countries along the Belt and Road as well as the Association of Southeast Asian Nations into the Chinese mainland jumped 30.7 percent and 29.5 percent, respectively.