Commentary RESEARCH

Experts: Nation remains hot spot for FDI

Elena

2023-05-19 02:02

Zhong Nan
China Daily

China will remain a highly favored investment destination for global companies this year, given its latest policy measures to boost market confidence and efforts to reinforce its position in global industrial, innovation and capital chains, experts and business executives said on Wednesday.

Despite a slowdown in the growth pace of utilizing foreign direct investment during the first four months of 2023, compared with the first quarter, experts believe that China's efforts to introduce consumption stimulus packages, launch the yearlong "Invest in China" campaign, and create more access to modern service industries will continue to attract FDI amid rising external uncertainties.

China's actual use of FDI grew by 2.2 percent year-on-year to 499.46 billion yuan ($71.4 billion) in the first four months of 2023, data from the Ministry of Commerce showed.


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2023-05-19 10:02
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