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China's new development, world's new opportunities

//english.dbw.cn  Author:  Source:xinhua  Editor:Yang Fan  2024-03-15 10:59:24

Foreign investment in China at a high level

With a population of over 1.4 billion and a middle-income group of over 400 million, China is a large market with the most potential in the world and a strong attraction for international investors. The Chinese economy continues to grow, creating opportunities for companies from all over the world.

In 2023, 53,766 foreign-invested enterprises were newly established in China, an increase of 39.7 percent year-on-year. The actual use of foreign capital was 1.13 trillion yuan, which was still high in scale. The actual use of foreign capital in high-tech manufacturing increased by 6.5 percent year-on-year. High-tech industries attracted 423.34 billion yuan, accounting for 37.3 percent of the total amount of actually used foreign capital, which was 1.2 percentage points of growth over 2022, and a record high.

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