In a lively debate on CGTN's "Talking China," experts highlighted a significant upgrade in the quality of foreign direct investment (FDI) in the Chinese mainland. Amid speculations of capital withdrawal, prominent voices confirmed that the market remains robust and attractive.
Wang Wen, dean of the Chongyang Institute for Financial Studies at Renmin University of China, emphasized that the Chinese mainland continues to rank among the top three destinations for FDI. He pointed to impressive growth in key sectors such as medical equipment, professional technical services, and computer manufacturing, with over 50,000 new foreign-invested enterprises established in 2024 — a 9.9% increase year on year.
Data further revealed that non-financial outbound direct investment (ODI) in 2024 rose by 10.5%, solidifying the Chinese mainland's role as a major global investment player.
Li Cheng, founding director of the Center on Contemporary China and the World at the University of Hong Kong, noted that some concerns among U.S. businesses seem less about the Chinese market and more about restrictive domestic policies. "If China's market is not good, so tell me – which market is good?" he challenged, underscoring that the next phase of growth remains firmly rooted in the Chinese mainland.
This surge in quality FDI reaffirms the dynamic economic landscape of the Chinese mainland, driving innovation and promising extensive opportunities for a globally connected audience.
Reference(s):
'Next China is still China': Experts laud economy's FDI higher quality
cgtn.com
