FDI growth to remain robust, experts say Zhong Nan/Zhang Yue Updated: Jun 15,2021 07:13 AM China Daily
The growth of foreign direct investment in China will maintain its sound pace this year, thanks to the country s robust economic recovery and moves to upgrade its industries and further expand local demand, experts and business leaders said on June 14.
Despite the fact that many foreign economies fully resumed production later last year, the completeness of their industrial and supply chains cannot compete with China s, said Liu Xiangdong, a researcher at the China Center for International Economic Exchanges in Beijing.
Due to China s high vaccination rate and the swift recovery of its manufacturing sector, services sector and foreign trade, the nation has emerged as a safe and lucrative place for global capital, supported by the dual-circulation development paradigm in which the domestic market is the mainstay and the dom
MIL-OSI China: FDI growth to remain robust, experts say
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FDI growth to remain robust, experts say--China Economic Net
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Introduction Officials, ambassadors, media veterans and scholars attend the forum to share their thoughts on how the Regional Comprehensive Economic Partnership agreement will propel regional cooperation in Asia. The event is jointly organized by the publicity department of the Hainan provincial government, China Daily, the China Institute for Reform and Development, and Institute for Free Trade Port with Chinese Characteristics.
All
Port business environment gets a new facelift
As the RCEP trade agreement is planned to go into force next year, the General Administration of Customs has been working on a slew of measures, in a move to build up a market-oriented, legalized and internationalized port business environment, said Dang Yingjie, deputy director-general of the National Office of Port Administration.
Nation expects steady growth of FDI this year
1 2021-04-20 14:39:38China Daily
Editor : Zhang Mingxin
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FAW-Volkswagen employees work on an assembly line at the automaker s Tianjin plant. [Provided to China Daily]
Stable pace fueled by moves to further expand domestic market
Foreign direct investment into China is expected to grow at a stable pace this year, thanks to the country s moves to further expand its domestic market and its status as the biggest trading partner of more than 120 countries and regions, said experts and business leaders.
After surpassing the United States as the world s biggest recipient of foreign investment last year, China continues to see fast FDI growth this year. The country s actual use of foreign capital soared by 43.8 percent year-on-year to $44.86 billion in the first quarter of the year, according to data released by the Ministry of Commerce.