Chinese Foreign Ministry spokesperson Guo Jiakun
Foreign investment can benefit from China's development and vice versa, and together "we can create a win-win future," a spokesperson for China's Foreign Ministry said on Monday.
Chinese Foreign Ministry spokesperson Guo Jiakun made the remarks at a regular press briefing on Monday when asked to comment on the view that China is rolling out a charm offensive to foreign investors and will bring "warmth" to the world economy, following the Chinese leader's meeting with representatives of the international business community and the successive participation of foreign enterprises' representatives in events like the China Development Forum and the Boao Forum for Asia.
Guo said that from putting forward 20 new measures for stabilizing foreign investment to proposing to roll out more policies in the Report on the Work of the Government, China has kept lowering the threshold of market access, aligning with high standards, upgrading efforts to attract foreign investment, and fostering a sound environment, so as to share growth opportunities of our mega-size market with the world.
Foreign investment is now found in 20 industrial categories and 115 major sectors in China. A total of 1.24 million companies have been set up and close to $3 trillion has been invested by foreign investors, Guo said.
"We welcome more foreign businesses to cultivate the Chinese market, share in China's development opportunities and jointly create a better future," Guo noted.
"The key factors drawing foreign investment to China are its economic strengths and opening-up mindset," Cong Yi, a professor at the Tianjin School of Administration, told the Global Times on Monday.
On the one hand, China's economy is brimming with growth potential, advancing steadily in transformation and upgrading, providing ample room for industrial collaboration, Cong said.
On the other hand, China has always adhered to an open and inclusive mindset. Against the backdrop of global political and economic uncertainty, with its large, stable and promising market, China has become an extremely attractive investment destination. The opening of the Chinese market provides investment opportunities for other economies and enables them to share the dividends of development, Cong added.
In an action plan released on February 19 to stabilize foreign investment in 2025, China rolled out measures to further expand opening-up.
The plan encouraged pilot regions to explain and implement policies concerning foreign access to value-added telecommunications services, biotechnology and wholly foreign-owned hospitals, and to carry out dedicated services for foreign-related projects to solve their problems in a timely way.
Foreign direct investment (FDI) in the Chinese mainland in actual use reached 171.21 billion yuan ($23.59 billion) in the first two months of 2025, according to the Ministry of Commerce, the Xinhua News Agency reported.
In the first two months of this year, 7,574 new foreign-invested enterprises were established nationwide, a year-on-year rise of 5.8 percent, it said.
Notably, actual use of FDI in high-tech sectors in the period was 52.49 billion yuan, with FDI in the e-commerce services sector, biopharmaceutical manufacturing sector and smart consumer equipment manufacturing sector growing by 33.5 percent, 22.9 percent and 40.7 percent, respectively, compared with the same period of 2024.
