In September 12th, the Ministry of Commerce, the National Bureau of statistics and the State Administration of Foreign Exchange jointly issued the "2018 China's foreign direct investment statistics bulletin" (hereinafter referred to as the communiqu), officially announces the statistics of China's foreign direct investment in 2018.
The bulletin contains six parts, namely, China's foreign direct investment, China's foreign direct investment characteristics, China's investment in major economies, composition of foreign direct investors, regional and industrial distribution of foreign direct investment enterprises, and comprehensive statistical data. The introduction of China's outward foreign direct investment in 2018 is presented.
According to the communique, China's outward foreign direct investment in 2018 mainly presented the following characteristics:
First, foreign direct investment flows and stocks rank the top three in the world, accounting for a record high. In 2018, China's foreign direct investment amounted to 143 billion 40 million US dollars, down 9.6% compared to the same period last year. The total outflow of foreign direct investment has decreased by 29% over the past 3 years, slightly lower than that of Japan (143 billion 160 million US dollars), and has become the second largest foreign investor. At the end of 2018, China's foreign direct investment stock amounted to US $1 trillion and 980 billion, which was 66.3 times the stock at the end of 2002. The stock of foreign direct investment in the global sub regional countries rose from twenty-fifth to third, second only to the United States and Holland. China's influence in global foreign direct investment has been expanding. The proportion of traffic in the world has exceeded 10% in 3 consecutive years, accounting for 14.1% in 2018, 3 percentage points higher than last year, and 6.4% at the end of 2018, a 0.5 percentage point higher than that of last year. In the case of two-way investment, China's foreign direct investment and attracting foreign capital in 2018 are basically flat.
Two, investment covers 188 countries and regions in the world, and investment stocks are relatively concentrated. By the end of 2018, China had more than 2.7 overseas investors with 4.3 overseas direct investment enterprises in 188 countries (regions), and more than 80% of the world's countries (regions) had investment in China. China has established more than 1 overseas enterprises in the countries and regions along the "one belt and one road". In 2018, the direct investment flow was US $17 billion 890 million, and the stock at the end of the year was US $172 billion 770 million, accounting for 12.5% and 8.7% respectively. The geographical distribution of China's outward FDI is highly concentrated, and the top 20 countries (regions) account for 91.7% of the total.
Three, the investment industry is widely distributed, with a wide range of categories, and the stock of the six industries exceeds 100 billion US dollars. In 2018, China's foreign direct investment covered 18 sectors of the national economy, accounting for over 70% of 4 industries, including leasing and business services, finance, manufacturing, wholesale and retail, and investment in information transmission, scientific research and technology services, electricity production, cultural education and other sectors. The six major areas of leasing and business services, wholesale and retail, finance, information transmission, manufacturing and mining are all over 100 billion US dollars. The total scale accounts for 84.6% of China's foreign direct investment stock.
Four, the direct investment of local enterprises has gone up against the trend, and the proportion of non-public economic holding entities has increased. In 2018, the flow of foreign direct investment by local enterprises amounted to 98 billion 260 million US dollars, up 14% from the same period last year, accounting for 81% of the total non-financial flows in the whole country. Guangdong, Shanghai and Zhejiang ranked the top three places of foreign direct investment in 2018. The main body of non-public economic holding in 2018 invested 75 billion 570 million US dollars in foreign investment, an increase of 11.2% over the same period last year, accounting for 62.3% of the total foreign direct investment, an increase of 13.6 percentage points over the previous year.
Five, the contribution of overseas enterprises to host countries' tax and employment is obvious. In 2018, the total amount of taxes paid by overseas enterprises to the host countries amounted to 59 billion 400 million US dollars, employing 1 million 877 thousand foreign workers, accounting for more than half of the total number of employees in overseas enterprises, an increase of 167 thousand compared with the end of last year. In 2018, the operation of overseas Chinese enterprises was in good condition, and over 70% of them were profitable or flat.