In the first five months of 2023, Guangxi's investment from Regional Comprehensive Economic Partnership (RCEP) countries increased by 70.58 percent year-on-year.

From January to May this year, the foreign investment in actual use in Guangxi reached $532 million, up 138.95 percent year on year. Hong Kong, the United Kingdom and Singapore are the main sources of Guangxi's foreign investment, having invested $263 million, $199 million and $59 million, respectively. European countries invested $201 million, up 627 times year-on-year, and RCEP member countries invested $60 million, up 70.58 percent year-on-year.

From January to May, the actually utilized foreign capital in the China (Guangxi) Pilot Free Trade Zone (FTZ) reached $390 million, accounting for 73.3 percent of the region. The foreign investment in actual use in Guangxi's manufacturing industry is $326 million. Among them, the actually utilized foreign capital in the high-tech manufacturing industry was $231 million, which accounts for 70.87 percent of the industry's foreign investment in actual use.

Guangxi holds an investment promotion meeting in Japan. [Photo/WeChat account: gh_df8bc987e060]

Since the beginning of this year, Guangxi has organized seven economic and trade delegations to ASEAN, the Middle East, Japan, South Korea, the European Union and other countries and regions to promote investment and carry out economic and trade exchange activities.

So far, Guangxi has helped key foreign enterprises in Guangxi with their stock, followed up with nearly 40 key foreign investment projects, and solved problems related to foreign investment.