As logjams in the global supply chain ease, China is losing the edge it had over the past three years when the coronavirus disrupted production in the rest of the world, a top government economist says.
China’s state planner on Friday confirmed 519 sectors will be open to foreign investment from the start of next year, up from 480, including advanced manufacturing, energy saving and environmental protection.
Top state planner sets out proposal to stabilise and further increase foreign investment into China amid increasing concerns by overseas investors over the mounting challenges of operating in the world’s second-largest economy.
China’s economic performance has been ‘outstanding’ from a global point of view and growth ‘rebounded significantly’ in the third quarter, says the nation’s top economic planning agency.