The upcoming third plenary session of the 20th Communist Party of China (CPC) Central Committee, scheduled to be held in Beijing from July 15 to 18, is set to focus on comprehensively deepening reform and advancing Chinese modernization.
As the world navigates escalating geopolitical tensions and sluggish economic growth, China maintains its economic strength and international influence, showcasing resilience against potential external shocks.
According to data from the Ministry of Commerce, Foreign Direct Investment (FDI) on the Chinese mainland, in actual use, totaled 412.5 billion yuan (approximately $57.94 billion) in the first five months of 2024.
While this amount represents a 28.2 percent decline compared to the same period last year, the country witnessed a double-digit year-on-year growth in the number of newly established foreign-invested firms during this period.
This trend underscores the continued confidence of foreign investors in China’s market prospects. Despite global challenges, investors are drawn to China’s ongoing reforms and modernization efforts, anticipating new opportunities in the evolving economic landscape.
The forthcoming plenary session is expected to unveil further strategies to deepen reforms, bolster economic development, and enhance China’s position in the global economy. Such measures are likely to reinforce investor confidence and attract more foreign participation in China’s market.
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Foreign investors remain confident about China's market prospects
cgtn.com
