Jiangsu is a most magnetic destination for foreign direct investment into China. At the end of 2018, there were 104,000 foreign invested
projects actually operating in Jiangsu province.
In 2018, 3348 new FDI projects got lauched in Jiangsu, representing an increase of 2.9% over the same period last year. The contractual foreign investment amounted to $60.5 billion (an increase of 9.2%), and the actually used foreign investment $ 25.6 billion (an increase of 1.8%).
In 2018, the actually used foreign investment in manufacturing was $ 11.2 billion, taking up 43.7% in Jiangsu's annual total of actually usd foreign investment. Within the manufacturing sector, the top 3 destinations were:
1) manufacture of computers, communication equipment and other electronic equipment;
2) manufacture of general-purpose machinery;
3)manufacture of raw chemical materials and chemical products.
The service sector actually used $12.8 billion foreign investment in 2018, taking up 50.1% in Jiangsu's annual total of auctually used foreign investment. The top 3 destinations were
1) the real estate industry;
2) leasing and business service;
3) wholesale and retailing.