Latest Headlines
China to continue stabilizing foreign investment amid challenges
  ·  2022-05-20  ·   Source: Xinhua News Agency

China's commerce ministry said on May 19 that it would continue stabilizing foreign investment and provide a better business environment and services to foreign companies.

"Influenced by multiple factors, China faces many challenges in utilizing foreign capital," Shu Jueting, spokesperson for the Ministry of Commerce, said at a press conference.

"But favorable factors that affect China's foreign investment have not changed," Shu added.

Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 20.5 percent year on year to 478.61 billion yuan in the first four months of the year, data from the commerce ministry showed.

In U.S. dollar terms, the inflow went up 26.1 percent year on year to 74.47 billion dollars, said the ministry.

Shu has attributed the fast growth in FDI to the country's appealing market, opening-up endeavors, and an optimized business environment.

"China remains attractive to foreign investment as its economic fundamentals for long-term growth remain sound and unchanged. Foreign enterprises are optimistic about their long-term development prospects in the country," Shu added.

 

China
Opinion
World
Business
Lifestyle
Video
Multimedia
 
China Focus
Documents
Special Reports
 
About Us
Contact Us
Advertise with Us
Subscribe
Partners: China.org.cn   |   China Today   |   China Pictorial   |   People's Daily Online   |   Women of China   |   Xinhua News Agency   |   China Daily
CGTN   |   China Tibet Online   |   China Radio International   |   Global Times   |   Qiushi Journal
Copyright Beijing Review All rights reserved 京ICP备08005356号 京公网安备110102005860