China’s commerce ministry spokesperson said Thursday that the Chinese market remains attractive to foreign investment, refuting a claim that investment from the United States and the EU to China plunged in recent years.
Investment from the U.S. and the EU reached 86 billion yuan (about 12 billion U.S. dollars) in 2022, up 15.6 percent from 2018, spokesperson He Yadong told a regular press conference. Since the beginning of this year, many senior executives of multinationals have visited China, and they said the Chinese market is “not an option but a must” and that they will continue to increase investment in China, he said.
China will continue to shorten negative lists for foreign investment and promote high-level opening up to ensure that China remains a popular destination for foreign investment, the spokesperson said.—Xinhua
