Caixin
Feb 07, 2022 07:44 PM
OPINION

Editorial: Attracting Foreign Investment Is as Important as Ever for China

China must open its doors ever wider to foreign investors. Photo: VCG
China must open its doors ever wider to foreign investors. Photo: VCG

China remains attractive to foreign investors. According to the latest data from the Ministry of Commerce (MOFCOM), the foreign direct investment (FDI) in China exceeded 1 trillion yuan ($157.20 billion) for the first time in 2021 to reach about 1.15 trillion yuan, up 14.9% year-on-year. In the same year, China registered 48,000 new foreign-invested enterprises, up 23.5%. Despite the twin factors of downward pressure on the domestic economy and an uncertain outlook for the global economy amid the pandemic, China has witnessed robust growth in foreign investment. However, arduous efforts must be made to stabilize foreign investment.

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