Foreign direct investment (FDI) in non-financial sector in China increased 3.8
percent year-on-year to 343.6 billion yuan in the first five months of 2016.
From January to May, investment in the services sector was up 7.0 percent to
241.8 billion yuan, representing 70.4 percent of total FDI.
Premier Li Keqiang assures foreign firms that more will be done to tackle
financial risks at Summer Davos Forum in Tianjin on Tuesday. He promised wider
market access for foreign investment and the country is committed to building an
environment for fair competition.
“Foreign technology and managerial expertise will help Chinese companies and
the country’s industrial upgrading,” Li said. He also acknowledged the
contribution of foreign firms in facilitating China’s efforts to push economic
transformation and upgrading through reform and innovation.
According to the Ministry of Commerce of the People's Republic of China,
Foreign Direct Investment in China averaged US$4156 million from 1997 until
2016, reaching an all-time high of US$12,627 million in December of 2015 and a
record low of US$183.2 million in January of 2000.
Rani
Jarkas, Chairman of Cedrus Investments, an investment pioneer with years of
financial experience in Asia, said, “Although facing many challenges, China
still has the great potential for investment and should become the world’s most
appealing destination for investment in the near future.”
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