China Rolls Out 15-Point Plan to Woo Foreign Capital

As foreign direct investment (FDI) in China continues to slide amid geopolitical headwinds and sluggish global economic growth, Beijing unveiled a 15-point action plan Monday to expand market access and ease operational barriers for foreign companies.

FDI fell 8.6% year-on-year by value in the first five months of the year, extending a multi-year decline, although the number of newly established foreign enterprises rose 5.3%, according to data from the Ministry of Commerce.