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China to ‘See Double-Digit FDI Growth’: Xinhua

China’s economy has recovered steadily and it is still enjoying comprehensive competitive advantages, says commerce ministry official

The diplomatic event comes amid a domestic resurgence in Covid-19 cases in some cities and regions, as well as the approaching Beijing 2022 Winter Olympic Games. Photo: Reuters


China’s vast market has become increasingly attractive to foreign investors, and their expectations and confidence about the country remain stable, an official with the Ministry of Commerce told Xinhua.

“China’s economy has recovered steadily, and it is still enjoying comprehensive competitive advantages in terms of supporting industries, infrastructure, human resources and business environment,” ministry spokesperson Shu Jueting said.

Foreign direct investment into the Chinese mainland is expected to register “double-digit growth” in 2021, and the country is capable of meeting the target of stabilising FDI, Shu said.

Read the full report: Xinhua



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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.


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