Foreign investment still favors China and the trend to invest in China has not changed, said Commerce Minister Gao Hucheng here on Sunday.
The global transnational direct investment dropped 8 percent in 2014, but China received more foreign direct investment with the volume ranking the first in the world for the first time, Gao said at the ongoing China Development Forum.
Meanwhile, the structure of foreign direct investment to China has improved with more flowing to the service sector, he said.
He said China will further widen market access to foreign investment, especially in the service sector and general manufacturing sector, improve management and revise laws on foreign investment this year, he said.
By the end of 2014, China had approved establishment of about 810,000 foreign-funded enterprises and actually used 1.5 trillion U.S. dollars of foreign investment.
Gao said China will push forward construction of free trade zones. In five years, about half of China's cargo trade will be handled in free trade zones, while the ratio is about 30 percent now, Gao said.
Source: XINHUA
GMT 11:56 2018 Wednesday ,17 January
BlackRock chief calls on CEOsGMT 15:26 2018 Friday ,05 January
UAE bans import of live birds from the Netherlands following outbreak of highly contagious H5N8 Bird Flu strainGMT 12:17 2018 Thursday ,04 January
Banks 'reticent' to work with SudanGMT 10:15 2017 Saturday ,30 December
US tax reform to cut earnings by $5 bnGMT 18:42 2017 Thursday ,28 December
Al-Sukait Tackles Investors’ ContributionGMT 18:34 2017 Wednesday ,27 December
Shaath reveals opening date of Metro third lineGMT 09:37 2017 Saturday ,23 December
Brazil to maintain control over EmbraerGMT 14:31 2017 Sunday ,10 December
Post-Brexit London 'won't fall apart'Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor