Foreign investors remain optimistic about opportunities in the Chinese market as the country continues to enhance its investment environment. In January, China saw the establishment of 4,588 new foreign-invested firms, marking a significant increase of 74.4 percent year on year, according to the Ministry of Commerce.
The American Chamber of Commerce in China’s latest survey indicates that around 50 percent of the surveyed companies rank China among their top three investment destinations, a five percentage point improvement from the previous year. Surveys from European companies also reflect a keen interest in the Chinese market.
Despite a global slowdown in cross-border investments, China’s foreign direct investment (FDI) has demonstrated robust growth in recent years. In 2020, China became the world’s largest recipient of FDI amid a global slump, and this growth trend continued through 2021 and 2022.
In 2023, China’s actual FDI reached over 1.13 trillion yuan (about $158.89 billion), as reported by the Ministry of Commerce. Although this figure represents an 8 percent decrease compared to 2022, it remains the third highest in history. Additionally, the number of newly established foreign-invested enterprises in China rose to 53,766 last year, a 39.7 percent increase year on year.
These figures reflect the sustained confidence of global investors in China’s economic prospects. As China continues to open up and implement policies conducive to foreign investment, it remains a pivotal destination for international businesses seeking growth opportunities in Asia.
Reference(s):
cgtn.com
