Foreign investors remain optimistic about opportunities in the Chinese market as the country continues to enhance its investment environment. In January alone, 4,588 new foreign-invested firms were established across China, marking a 74.4% year-on-year increase, according to the Ministry of Commerce.
A recent survey by the American Chamber of Commerce in China revealed that around 50% of surveyed companies now identify China as a top three investment destination, a five percentage point improvement from the previous year. European companies also expressed strong interest in the Chinese market, highlighting the nation's growing appeal.
Despite a globally sluggish trend in cross-border investments, China's foreign direct investment (FDI) has demonstrated robust growth in recent years. China became the world's largest recipient of FDI in 2020 and maintained this position through 2021 and 2022. In 2023, China's actual FDI reached over 1.13 trillion yuan (approximately $158.89 billion), as reported by the Ministry of Commerce. Although this figure represents an 8% decrease compared to 2022, it remains the third highest in history.
Additionally, the number of newly established foreign-invested enterprises in China rose to 53,766 last year, a 39.7% year-on-year increase. This steady growth underscores China's resilience and continued attractiveness as a global investment hub.
Reference(s):
cgtn.com
