China’s Fixed-Asset Investment in Singapore Jumps More Than Eightfold
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Fixed-asset investment in Singapore from Chinese companies surged more than eightfold in 2025, vaulting China into the position as the city-state’s largest source of foreign investment by country, a title previously held by the U.S.
The dramatic surge highlights how Chinese firms are aggressively building operations in Singapore, attracted by its sound business environment and gateway to Southeast Asia.
Commitments for fixed-asset investment from Chinese enterprises reached S$2.9 billion ($2.3 billion) in 2025, according to an annual report released Monday by Singapore’s Economic Development Board (EDB). China’s fixed-asset investment commitments accounted for 20.6% of the total last year, exceeding the U.S. for the first time, with the U.S. share falling to 17.3%. In 2024, China accounted for only 2.5% of the commitments.
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- Chinese fixed-asset investment in Singapore surged to S$2.9 billion in 2025, making China the top foreign investor, surpassing the U.S.
- China’s share of investment commitments rose from 2.5% in 2024 to 20.6% in 2025; U.S. share fell to 17.3%.
- High-end manufacturing dominated investments, and Chinese companies’ business expenditure in Singapore topped S$5.1 billion in 2025.
- Guangdong Haid Group Co. Ltd.
- Guangdong Haid Group Co. Ltd. (广东海大集团股份有限公司) is a Chinese feed manufacturer. It is among the diverse array of Chinese companies that have expanded operations into Singapore. This move highlights a broader trend of Chinese firms seeking overseas expansion due to slowing domestic growth, attracted by Singapore's favorable business environment.
- ByteDance Ltd.
- ByteDance Ltd. is a Chinese tech giant that was noted for entering the Singaporean market in 2025. This move contributed to a significant increase in Chinese fixed-asset investment in Singapore, making China the largest source of foreign investment for the city-state that year.
- miHoYo Co. Ltd.
- miHoYo Co. Ltd. is a Chinese gaming firm that has expanded its operations into Singapore. This move highlights a broader trend of Chinese companies seeking growth opportunities abroad, attracted by Singapore's favorable business environment and its role as a gateway to Southeast Asia.
- Envision Energy
- Envision Energy is a Chinese green tech firm that has expanded its operations into Singapore. This move is part of a broader trend of Chinese companies increasing their fixed-asset investments and total business expenditure in Singapore, attracted by the city-state's business environment and its role as a gateway to Southeast Asia.
- 2024：
- Chinese companies accounted for only 2.5% of fixed-asset investment commitments in Singapore.
- 2025：
- Fixed-asset investment commitments from Chinese enterprises in Singapore surged more than eightfold, reaching S$2.9 billion and making China the largest country source of foreign investment in Singapore, overtaking the U.S.
- 2025：
- China’s fixed-asset investment commitments accounted for 20.6% of the total, while the U.S. share fell to 17.3%.
- 2025：
- Total fixed-asset investment in Singapore rose 5.2% year-on-year to S$14.2 billion.
- 2025：
- High-end manufacturing attracted about S$12.1 billion in investment, 85% of the total.
- 2025：
- Chinese companies’ total business expenditure (TBE) in Singapore more than quadrupled to S$5.1 billion, nearly half of the total TBE in Singapore for the year.
- February 10, 2026：
- Singapore’s Economic Development Board (EDB) released its annual report with data for 2025.
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