This year, according to the Kunming branch of the People’s Bank of China, Yunnan achieved substantial increases in foreign direct investment

From January to September, many Yunnan companies increased their foreign asset holdings. Growth was further spurred by the Chinese RMB depreciating against the US dollar. Over the first nine months of 2016, the province’s outflow of foreign direct investment totalled 834 million US dollars, a year-on-year increase of 21.15 percent that represents 2.86 times the inflow of foreign direct investment over the same period.