Foreign direct investment rises 4.8%in Jan-Apr on high-tech, manufacturing

Foreign direct investment into China rose 4.8 percent year-on-year to 286.78 billion yuan ($45.3 billion) between January and April, led by a robust inflow to the high-tech service and manufacturing sectors, particularly in western regions.

FDI attracted by the service sector rose 7.9 percent on an annual basis to 201.4 billion yuan during the four-month period, the Ministry of Commerce said on Tuesday, accounting for 70.2 percent of the total.

While the high-tech service sector gained 32.53 billion yuan-worth of outside investment, an even-more impressive 108.6 percent surge.