Bai Ming, a researcher with the Chinese Academy of International Trade and Economic Cooperation, attributed the stable FDI growth largely to a series of measures China has taken in opening up wider.
China has revised its negative lists for foreign investment, further widening market access in such areas as finance, transportation, energy, resources, and agriculture.
The nationwide negative list was cut to 48 items from 63 in the previous version, while the list for pilot free trade zones decreased from 95 to 45 items. Both lists came into effect at the end of July.
Zhan Xiaoning, an official in charge of investment and enterprises at UNCTAD, said he believed that FDI into the Chinese mainland would remain high thanks to the investment facilitation measures.
China is providing foreign investors with bigger market opportunities, wider investment ranges, and a better business environment, according to the experts.
A number of foreign-funded companies have unveiled their new investment plans in China. For example, Pepsi-Cola announced earlier this month that it will invest another 100 million U.S. dollars to expand and renovate its food plant in Shanghai, while BP announced in late July that it has decided to provide 10 million U.S. dollars in support for its Chinese partner's new energy vehicle business.
Despite progress, there is still much room for improvement in the business environment and services, said Sang.
【国内英语资讯:Economic Watch: Chinas FDI remains stable, quality improves】相关文章:
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