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New Influx of Overseas Capital

NewsChina, Chinese Edition April 24 2023

By NewsChina Updated Jul.1

Over 100 top executives from global corporations attended the China Development Forum and Bo’ao Forum for Asia in late March to demonstrate their growing interest in China after its three-year pandemic lockdown ended. From January to February, the disbursement of foreign investment hit US$39.71 billion, up 1 percent year-on-year. Over the past three years, China’s actual use of foreign investment increased from US$144.4 billion in 2020 to US$189.1 billion in 2022, a record high. With the shift of labor-intensive manufacturing bases to Southeast Asian countries, China is focusing more on the Regional Comprehensive Economic Partnership trade deal with high value-added production. Meanwhile, Chinese governments at all levels are sending signals of a fairer business environment, aligning with the high standards of international economic and trade rules in order to better protect intellectual property rights and lure high-quality overseas investment.