Global investors flock to China amid improved business environment
Global investors’ enthusiasm for the Chinese market seems unstoppable despite the COVID-19 pandemic, as the latest data showed that China successfully navigated the economic fallout in the turbulent year and became the top investment destination worldwide.
In 2020, global foreign direct investment (FDI) flows plummeted by 38% from a year before to 846 billion U.S. dollars, the lowest level since 2005, the Organization for Economic Cooperation and Development (OECD) said.
The global FDI flows represented only 1% of world GDP, their lowest level since 1999, the OECD said.
OECD’s FDI figures echoed a report by the United Nations Conference on Trade and Development earlier this year, which also found China became the largest FDI recipient in 2020.
Source: China State Council Information Office
Global investors’ enthusiasm for the Chinese market seems unstoppable despite the COVID-19 pandemic, as the latest data showed that China successfully navigated the economic fallout in the turbulent year and became the top investment destination worldwide.
In 2020, global foreign direct investment (FDI) flows plummeted by 38% from a year before to 846 billion U.S. dollars, the lowest level since 2005, the Organization for Economic Cooperation and Development (OECD) said.
The global FDI flows represented only 1% of world GDP, their lowest level since 1999, the OECD said.
OECD’s FDI figures echoed a report by the United Nations Conference on Trade and Development earlier this year, which also found China became the largest FDI recipient in 2020.
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BEIJING - Global investors enthusiasm for the Chinese market seems unstoppable despite the COVID-19 pandemic, as the latest data showed that China successfully navigated the economic fallout in the turbulent year and became the top investment destination worldwide.
In 2020, global foreign direct investment (FDI) flows plummeted by 38 percent from a year before to $846 billion, the lowest level since 2005, the Organization for Economic Cooperation and Development (OECD) said.
Central People Government of People Re : Global investors flock to China amid improved business environment
05/02/2021 | 07:03am EDT
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Required fields BEIJING - Global investors enthusiasm for the Chinese market seems unstoppable despite the COVID-19 pandemic, as the latest data showed that China successfully navigated the economic fallout in the turbulent year and became the top investment destination worldwide. In 2020, global foreign direct investment (FDI) flows plummeted by 38 percent from a year before to $846 billion, the lowest level since 2005, the Organization for Economic Cooperation and Development (OECD) said. The global FDI flows represented only 1 percent of world GDP, their lowest level since 1999, the OECD said.
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Beijing: The United Nations Development Programme (UNDP) China and China Centre for International Economic Exchanges (CCIEE) have released the report entitled Paving the way for low- carbon development globally and along the Belt and Road , in a launch event sponsored by Huzhou City and Changxing county, guiding governments on how to achieve a low-carbon future.
The report discusses key challenges and opportunities in green development, along with practical policy recommendations with the aim of meeting the Sustainable Development Goals, to end poverty and protect our planet.
“Shifting to a low carbon path will require developing, deploying and transferring clean energy technologies at scale through broad international and interregional energy cooperation,” said Beate Trankmann, UNDP Resident Representative in China.