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19.07.2024
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$ 87.88
€ 96.1

The inflow of foreign investments to China in 2021 will amount to about $160 billion

8B6DD4DA E0C7 4D07 923A EAD4D82AF002The inflow of actually used foreign direct investment (FDI) to mainland China in 2021 is expected to exceed 1 trillion yuan (157.49 billion dollars), said the official representative of the Ministry of Commerce of the People's Republic of China Gao Feng.

As Gao Feng noted at a virtual press conference, in the 20 years since China joined the World Trade Organization, the country has made remarkable progress in using foreign investment.
According to him, in 2020, the inflow of FDI amounted to 999.98 billion yuan, which is an increase of 157.7% from 338 billion yuan recorded in 2001.
According to Gao Feng, China will continue to reduce the negative list of industries closed to foreign investment, increase the provision of necessary services to enterprises and projects with the participation of foreign capital, as well as contribute to the creation of a business environment that will be based on compliance with laws, be international and convenient, so that China can share development opportunities with other countries.