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China remains a hot investment destination in U.S. dollar terms

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Oct 28(ABC): Eyeing China’s huge and more open market, comprehensive industrial system, and improved business environment, many foreign-funded businesses are doubling down on their investments in the world’s second-largest economy. * China’s green drive and ensuing enormous investments in clean energy are offering huge business opportunities for Flender, a leading global supplier of mechanical drive systems. * Over the years, China has been striving to open its doors wider to the rest of the world with an ever-improving business environment. TIANJIN, Oct. 27 (Xinhua) — Foreign-funded enterprises remain upbeat about investment prospects in China despite uncertainties brought about by the COVID-19 pandemic and battered global economy.

China remains a hot investment destination. In U.S. dollar terms, foreign direct investment in the Chinese mainland, in actual use, expanded 18.9 percent year on year to 155.3 billion U.S. dollars in the first three quarters of 2022, the Ministry of Commerce said Thursday. Eyeing China’s huge and more open market, comprehensive industrial system, and improved business environment, many foreign-funded businesses are doubling down on their investments in the world’s second-largest economy.

  • Internews Pakistan is an Islamabad-based news agency established in 1997.

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