China saw a 5.8-percent year-on-year increase in newly-established foreign-invested enterprises in the first two months of 2025, totaling 7,574 entities, data from the Ministry of Commerce showed.
The data, released on Friday, also showed that the actual use of foreign investment for January and February stood at 171.21 billion yuan (about 23.65 billion U.S. dollars), marking a 20.4-percent decrease from the previous year.
The manufacturing and the service industries actually used 47.82 billion yuan (about 6.61 billion U.S. dollars) and 120.49 billion yuan (about 16.65 billion U.S. dollars) of foreign capital respectively.
High-tech industries utilized 52.49 billion yuan (about 7.25 billion U.S. dollars) of foreign investment. Within this sector, the actual use of foreign capital in e-commerce services, biological medicine manufacturing, and intelligent consumer equipment manufacturing saw increases of 33.5 percent, 22.9 percent, and 40.7 percent respectively.
The United Kingdom, Germany, and South Korea markedly increased their investment in China, jumping by 87.9 percent, 54.7 percent, and 45.2 percent respectively.
China sees rise in foreign-invested companies in first two months of 2025
The Ethiopian embassy in Beijing held an event on Thursday to mark the 55th anniversary of the establishment of diplomatic relations between Ethiopia and China.
Ambassadors from more than 60 countries attended the event.
In an interview with China Global Television Network (CGTN), Ethiopian Ambassador to China Tefera Derbew Yimam shared his views on China-Ethiopia relations and expressed the hope for further exchanges and cooperation between the two countries.
"Our bilateral relationship is deep-rooted and is based on mutual trust, respect and equality. The two countries have enjoyed their bilateral relationship over the past 55 years. Today, we are celebrating this strong, deep-rooted partnership so that we can use the existing solid foundation for further engagement, for further partnership," he said.
According to the Ethiopian Ministry of Foreign Affairs, the relationship between China and Ethiopia has evolved since the landmark visit by Ethiopian Emperor Haile Selassie to Beijing in 1971. Over the past more than five decades, relations between China and Ethiopia have been strengthened on the basis of the principles of equality, non-interference and mutual benefit.
"We can see how Ethiopia is taking off through its cooperation, very productive and fruitful cooperation with China. So, we are so proud of it as Africans, but as well as friends of China, so as diplomats and Dean of the African group," said Martin Mpana, Cameroonian Ambassador to China.
Siddharth Chatterjee, U.N. Resident Coordinator in China, said he visited Ethiopia's capital Addis Ababa about 20 years ago, gaining a firsthand understanding of the country's development. Speaking to the CGTN, he highlighted the relations between China and Ethiopia as a reflection of the broader relations between China and Africa.
"As a matter of fact, Ethiopia epitomizes the microcosm of the China Africa relationship. I have seen first-hand the kind of progress Ethiopia has made. And I went to Addis Ababa for the first time in 2001. I've seen the real effects of the Belt and Road Initiative, and how it's transformed the entire landscape in Ethiopia. So, in many ways, I welcome this sort of partnership that China has with Africa. As far as the United Nations is concerned, we want to see Africa progress," he said.
Ethiopian embassy marks 55 years of diplomatic relations with China
