China has once again emerged as Pakistan’s largest source of Foreign Direct Investment (FDI), steering the country’s foreign investment recovery in the opening months of FY 2026. Gwadar Pro quoting the latest data released by the State Bank of Pakistan (SBP) on Monday stated, Beijing contributed a net $38.2 million in October alone. With Pakistan’s total net FDI clocking in at $178.9 million during the month, China accounted for more than one-fifth of the total.

From July to October 2025, the first four months of FY 2026, China remained the backbone of Pakistan’s foreign investment portfolio. Chinese investors injected a net $226.7 million, making up 30.4% of the country’s total net FDI of $747.7 million over the period. Sector-wise data shows significant inflows into key segments of the economy. Electricity, gas, steam and air conditioning supply remained the top performer, attracting net FDI of $311.3 million, largely reflecting ongoing infrastructure and energy commitments.

The construction sector received $50.1 million, highlighting renewed momentum in development activity, while wholesale and retail trade, including motor vehicle repairs, secured $18.4 million. Meanwhile, financial and insurance activities drew a substantial $246.1 million, showing sustained interest in Pakistan’s financial services landscape.

Credit: Independent News Pakistan (INP) — Pak-China