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Home Economy/Technology

Chinese market remains attractive to foreign investment

China

The Matters Press by The Matters Press
September 14, 2023
Reading Time: 1 min read
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Coronavirus hits hard as China records 811 deaths

Beijing, Sept. 14, 2023: China’s commerce ministry spokesperson on Thursday said that the Chinese market remains attractive to foreign investment.

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The spokesperson refuted a claim that investment from the United States and the EU to China plunged in recent years.

Investment from the U.S. and the EU reached 86 billion yuan (12 billion U.S. dollars) in 2022, up 15.6 per cent from 2018, spokesperson He Yadong said at a press conference.

Since the beginning of this year, many senior executives of multinationals have visited China, and they said the Chinese market is “not an option but a must” and that they would continue to increase investment in China, he said.

China would continue to shorten negative lists for foreign investment and promote high-level opening up to ensure that China remains a popular destination for foreign investment, the spokesperson added.

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