KPL
(KPL/Xinhua) China's commerce ministry spokesperson said Thursday that the Chinese market remains attractive to foreign investment, refuting a claim that investment from the United States and the EU to China plunged in recent years.
(KPL/Xinhua)
China's commerce ministry spokesperson said Thursday that the Chinese market
remains attractive to foreign investment, refuting a claim that investment from
the United States and the EU to China plunged in recent years.
Investment
from the U.S. and the EU reached 86 billion yuan (about 12 billion U.S.
dollars) in 2022, up 15.6 percent from 2018, spokesperson He Yadong told a
regular press conference.
Since the
beginning of this year, many senior executives of multinationals have visited
China, and they said the Chinese market is "not an option but a must"
and that they will continue to increase investment in China, he said.
China will
continue to shorten negative lists for foreign investment and promote
high-level opening up to ensure that China remains a popular destination for
foreign investment, the spokesperson said.
Commenting on
the U.S. restrictions on chip exports to China, He said that they violate
market rules and separate the global semiconductor market, not only hurting the
legitimate rights and interests of Chinese enterprises, but also undermining
the interests of global semiconductor companies -- including U.S. firms.
China has
always been committed to openness, inclusiveness and win-win cooperation, and
will continue expanding its opening-up and promoting global scientific and
technological exchanges, as well as economic and trade cooperation, He said.
KPL
