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Foreign direct investment (FDI) inflows into China declined by 7.3% year-on-year to CNY 249.6 billion in the first quarter of 2026. Within this total, FDI in the manufacturing sector reached CNY 71.46 billion, high-tech industries attracted CNY 102.73 billion, and the services sector received CNY 174.6 billion. Notably, investment in R&D and design services, as well as in the manufacturing of computers and office equipment, and electronic and communication equipment, rose by 127.8%, 88.1%, and 23.8%, respectively. Over the same period, 13,987 new foreign-invested enterprises were established in China, an 11% increase from a year earlier. By source, investment flows into China grew markedly from Luxembourg (+96.8%), Switzerland (+50.4%), France (+42.3%), and South Korea (+35.2%).