Services and financial sector are ahead: Distribution of
Chinese foreign di rect i nvestment by industry
Chinese FDI has diversified in recent years to include all
business sectors and a wide range of industries, includ-
ing various types of services, information and communica-
tions technology, and even culture and education.
there is a clear focus on the top five sectors: in 2015, almost
76 percent of all Chinese FDI flowed into leasing and busi –
ness services, the financial sector, and the manufacturing
sectors. 41. 5 percent of this was invested in the first three.
There was a regional variance in the industries invested
in. Investments in Southeast Asian developing countries like Indonesia were primarily in the manufacturing sector
(due to cheaper production conditions) as well as agricul –
ture, mining, and rawmaterials, as available. In countries
such as Singapore and Japan, it was business services and
the financial sector that played an important role. In North
America, Chinese companies invest mainly in manufactur-
ing and the financial sector (MOFCOMet al. 2016: 22, 29).
In the EU, mining topped the list of industries attracting
Chinese investors in 2015, followed by the manufacturing
and financial sectors. By contrast, there was considerable
disinvestment in the fields of leasing and business services
in the EU. The three most important target countries were
the Netherlands, the United Kingdom, and Germany (MOF-
COMet al. 2016: 27–28).