The Ministry of Commerce strengthens open platforms to stabilize foreign investment. A large number of foreign enterprises plan to expand their presence in China

On March 16th, a relevant person in charge of the Ministry of Commerce stated that stabilizing foreign investment this year will closely follow platforms such as national level economic and technological development zones, national service industry comprehensive pilot demonstration zones, and free trade pilot zones to enhance the efficiency of open platforms. It is reported that there are currently 232 national level economic development zones in China, which account for less than 0.3% of the country’s total area and contribute 1/10 of the country’s regional GDP, as well as over 1/5 of the total amount of foreign investment utilized. Recently, a survey questionnaire released by the China Japan Chamber of Commerce showed that 58% of member companies will increase or maintain their investment scale in China this year. The American Chamber of Commerce in China also released a report showing that 53% of surveyed American companies expect to increase their investment in China by 2025.

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