International funding in China up 81 pct in 2020

China final yr attracted 520.6 billion U.S. {dollars} of overseas funding, up by 81 % from 2019, the State Administration of International Alternate (SAFE) mentioned in a report.

Amid China’s regular financial restoration and improved enterprise local weather, overseas direct funding into the Chinese language mainland grew by 14 % in 2020, the report mentioned.

In 2020, China’s securities market noticed web inflows of abroad funds totaling 254.7 billion {dollars}, a surge of 73 % yr on yr, SAFE knowledge confirmed.

Internet inflows into Chinese language bonds jumped by 86 % from a yr in the past to 190.5 billion {dollars}, whereas that into equities reached 64.1 billion {dollars}, up by 43 % yr on yr.

The report attributed the numerous progress in Chinese language securities’ abroad holdings to the nation’s promising financial improvement prospects, prudent financial coverage, and high-level opening up of the monetary market.

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