China Daily Global / 2021-01 / 26 / Page003
China becomes the largest FDI recipient in 2020 By LIU ZHIHUA in Beijing and HENG WEILI in New York | China Daily Global | Updated: 2021-01-26 00:00 Effective pandemic control, bright economic outlook were listed as reasons for its growth China had overtaken the United States by becoming the world s largest recipient of foreign direct investment last year, according to a UN report. Analysts and business executives said that this proved once again China s continuously improving business environment and the great resilience of the country s economy despite the impact of the pandemic. They said China s effective control of COVID-19, followed by the quick economic recovery, as well as its bright economic outlook and improvement in the business environment, were the main reasons for the FDI growth last year.