Foreign direct investment (FDI) into China fell 9.5% to CNY 747.77 billion in 2025, following a sharp 24.7% decline in 2024 and marking the third consecutive year of contraction. Despite the overall downturn, investment from Switzerland, the United Arab Emirates and the UK rose significantly, up 66.8%, 27.3% and 15.9%, respectively. By sector, manufacturing attracted RMB 185.51 billion in FDI, while the services sector accounted for RMB 545.12 billion. Investment in high-tech industries totalled RMB 241.77 billion, with notable gains in e-commerce services (+75%), medical equipment and machinery manufacturing (+42.1%), and aerospace equipment manufacturing (+22.9%). Meanwhile, 70,392 new foreign-invested enterprises were established nationwide, representing a 19.1% year-on-year increase.