Foreign investors generally trust the Chinese market:
BEIJING — Foreign investors’ confidence and expectations in the Chinese market are generally stable, according to the Ministry of Commerce (MOC).
MOC spokesman Gao Feng said at a press briefing on Thursday that reports released by the US, European Union (EU) and Japan chambers of commerce. Among others, show foreign companies’ confidence in the market.
Citing the figures in the reports, Gao said nearly two-thirds of American businesses and 59 percent of EU firms decided to expand their business in China. While 36.6 percent of Japanese firms decided to increase their investments.
Gao added that foreign direct investment (FDI) to mainland China has gained solid momentum. Since the second half of last year.
FDI in actual use rose 25.5% year-on-year to 672.19 billion yuan in the first seven months, according to MOC data.
Gao said the country will continue to expand opening up. Optimize the business environment, and help foreigners investors and businesses thrive in China.