Ministry of Commerce: China ranks first in the world's most attractive investment destination

Chinaa€?s Assistant Minister of Commerce Wang Chao said at the World Capital Forum held in Xiamen on the morning of the 9th that although Chinaa€?s use of foreign direct investment has been negative for 10 consecutive months, China is still the worlda€?s most attractive investment destination.
According to the World Investment Preliminary Survey (2009-2001) released by the United Nations Conference on Trade and Development on July 22, global cross-border investment fell by 54% in the first quarter, and global M&A declined by 100%. Seventy-seven. In January, Chinaa€?s accumulated actual use of foreign investment in July was 48.3 billion U.S. dollars, down 20.3 percent year-on-year. China is still among the most attractive in the world before India, the United States, Russia and Brazil. The first place in the investment destination. Wang Chao said that in the medium and long term, China's prospects for attracting foreign investment are still optimistic.
Wang Chao said: "The Chinese government has always pursued an open strategy of mutual benefit and win-win, and adhered to the combination of 'introduction' and 'going out'. The Chinese government has also introduced a series of guidelines and policies to encourage foreign direct investment, and continuously improve the environment for attracting investment. In the past 17 years, it has become the developing country that absorbs the most foreign investment."
Wang Chao also said that China's economic recovery and recovery, the restructuring of the world economy will bring new opportunities for China to further absorb foreign capital and continuously raise the level of foreign investment. The Chinese government will further study and improve the policy of stable use of foreign capital, reduce approvals and decentralization. Approving authority, cleaning up and standardizing administrative fees and inspections involving foreign investment, and optimizing the foreign investment environment.

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