Foreign investment in China grew steadily in the first quarter of 2016. Gao Shangde, Counsel for the ministry's Foreign Investment Department gets us the highlights from Q1 FDI.

"Around 6 thousand new foreign investment enterprises set up in China from January to March, an increase of 1.6 percent compared to the same period last year. Actual use of foreign capital was more than two hundred billion yuan, or 35 billion US dollars, an increase of 4.5 percent.The service sector used 154 billion yuan of foreign capital, accounting for almost 70 percent of all actual use of foreign capital across the country...Among them, the high-tech service sector used 25 billion yuan, nearly double the number of the same period in the last year. Foreign investment from countries along the "Belt and Road Initiative" grew in the first quarter this year. Hong Kong, Macao, South Korea, Singapore, the United States, Taiwan, Japan, UK, Germany, and Luxembourg are the top ten contributors of overseas investment, accounting for about 95 percent of all investment," Gao said.