Official: Keep opening up to overseas investors
China will continue attracting foreign investment to its advanced manufacturing and high-tech sectors this year, offering new business opportunities for global stakeholders to participate in its next-stage, high-quality development paradigm as mapped out by the country's new five-year development plan, officials and analysts said.
The country will encourage foreign investment participation in the development of China's high-end manufacturing industry, new infrastructure construction and innovation-driven development, according to the country's top economic regulator.
Ning Jizhe, deputy head of the National Development and Reform Commission, said the country will strive to promote the implementation of major foreign investment projects. So far, four groups of major foreign-funded investment projects have been launched in China, with a total investment of over $110 billion.
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Source China Daily