The Ministry of Commerce: Most Foreign-Funded Enterprises still Have Confidence in Investment in China
Release time:2017-09-26
“Recently, both the B20 Summit held in Hangzhou and the China International Fair for Investment and Trade (CIFIT) held in Xiamen have shown active participation of multinationals, indicating that most of the foreign-funded enterprises still have confidence in investment in China.” Concerning the reports saying that “China’s investment environment is degrading” by some overseas media, Shen Danyang, spokesman of the Ministry of Commerce, said that it is overgeneralization and these reports cannot reflect the overall investment environment of China.
Shen said that, in 2015, foreign investment attracted to China saw an increase of 6.4%, and it increased by 4.5% in the first eight months of this year. China has ranked first among the developing countries in terms of foreign investment in actual use for 24 consecutive years. A survey of the American Chamber of Commerce in China showed that, more than 60% of its members considered China as one of the top three investment destinations in the world, while 68% of its members are planning to expand their investment in China.
Source: Translated from Invest Guangzhou, September 21, 2016
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