China remains a prime destination for international investment, and the country continues to welcome foreign enterprises, Chinese Foreign Ministry spokesperson Mao Ning stated during a regular press briefing on Thursday.
Mao highlighted that the total number of foreign-funded enterprises in China had reached nearly 1.24 million by 2024, with actual utilized foreign investment totaling 20.6 trillion yuan ($2.87 trillion).
In 2024 alone, approximately 60,000 new foreign-invested companies were established in China, marking a 9.9 percent increase compared to the previous year. Additionally, the return rate on foreign direct investment (FDI) in China has remained stable at around 9 percent over the past five years, ranking among the highest globally.
China’s latest government work report underscores its commitment to encouraging foreign investors to reinvest in the country. It also ensures that foreign-funded enterprises receive equal treatment in key areas such as production factor access, licensing, standards setting, and government procurement.
Regardless of changes in the external environment, China remains dedicated to high-level economic openness. The country continues to invite foreign businesses to invest and expand their presence, fostering shared growth and mutual benefits, Mao affirmed.
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