Investment from the European Union, Singapore, Japan and countries along the Belt and Road all grew at double-digit rates in the first half of the year and meanwhile, the investment structure further optimized, said Hua Yuan, director of the municipal commission of commerce.
The high-tech service industry reported an actual use of foreign investment of 1.7 billion U.S. dollars in the six months, a robust annual growth of 29.6 percent, said Hua.
A series of opening-up measures in multiple fields and industries and the improving business environment has ramped up foreign investment interests in China.
In June, China rolled out revised negative lists for foreign investment market access, allowing foreign investors to run majority-share-controlling or wholly-owned businesses in more sectors.
Earlier this month, China expanded the Shanghai free trade zone (FTZ) to build the new Lingang area into a special economic function zone with global influence and competitiveness.
Shanghai has also rolled out a series of policies to further open the service industry to foreign investors and promote the development of regional headquarters of multinational corporations.
"The status as a special economic function zone means that it is not adding more facilitation but moving toward real investment and trade liberalization," said Shen Yuliang, a researcher with the Institute of World Economics under the Shanghai Academy of Social Sciences.
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