The better-than-expected expansion of foreign direct investment into China during the first half of the year reflects foreign investors increasingly firm confidence in the Chinese economy, underpinned by the nation s steady economic growth upswing despite complex domestic and external conditions, according to experts and business leaders.
They also forecast that FDI into China will reach a new high in the near future, as the world s second-largest economy drives up economic growth, continuously improves its business environment and, with its effective control of COVID-19, becomes a safe harbor for FDI.
Some people used to worry the sluggish world economy and rising protectionism would have a negative impact on the inflow of FDI into China. It turns out the impact is quite insignificant, and the FDI growth, especially compared with that in 2019, was better than expected during the first half of the year, said Huo Jianguo, vice-chairman of the Beijing-based China Society f
FDI rise shows foreign investors firm confidence
1 2021-07-15 08:28:21China Daily
Editor : Li Yan
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Employees work on the production line of a Spanish electronics company in Hai an, Jiangsu province. (Photo by Zhai Huiyong/for China Daily)
Steady upswing in growth momentum makes China increasingly attractive
The better-than-expected expansion of foreign direct investment into China during the first half of the year reflects foreign investors increasingly firm confidence in the Chinese economy, underpinned by the nation s steady economic growth upswing despite complex domestic and external conditions, according to experts and business leaders.
They also forecast that FDI into China will reach a new high in the near future, as the world s second-largest economy drives up economic growth, continuously improves its business environment and, with its effective control of COVID-19, becomes a safe harbor for FDI.
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