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.
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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.
RCEP pact expected to elevate role of Asia-Pacific
The landmark Regional Comprehensive Economic Partnership trade agreement signed last year will give the Asia-Pacific region more weight in the global economic landscape and facilitate a higher standard of trade and investment to fuel growth worldwide, according to experts and business leaders on Monday.
As a significant trade deal to defend globalization and boost regional trade and investment, the RCEP is surely a shot in the arm for the multinational trade framework and gives new impetus to globalization, said Long Yongtu, former vice-minister of foreign trade and former secretary-general of the Boao Forum for Asia.