Foreign direct investment (FDI) into the Chinese mainland expanded 7.3% year on year to 533.14 billion yuan in the January-July period, the Ministry of Commerce announced Tuesday.
In U.S. dollar terms, FDI inflow grew 3.6% year on year to US$78.8 billion during the period, the ministry said.
FDI in July alone reached 54.82 billion yuan, up 8.7% year on year.
During the past seven months, a total of 24,050 new foreign-funded enterprises were founded.
Investment in high-tech industries climbed 43.1% year on year to account for 29.3% of the total FDI, among which the high-tech service sector received 97.39 billion yuan, up 63.2%.
China's pilot free trade zones saw FDI inflow up 14.6% year on year during the seven-month period, accounting for 14.2% of the total FDI.
Western China registered the fastest growth of FDI compared with other regions, with the figure up 25.2% year on year to reach 39.94 billion yuan.
Foreign investment from Germany and the Republic of Korea climbed quickly in the first seven months, posting growth of 72.4% and 69.7% year on year, respectively.
MOC data showed that FDI from the European Union rose 18.3% compared with the same period last year.
FDI from countries participating in the Belt and Road Initiative grew 5% in the first seven months of 2019.
