Beijing: China will improve the level of services for foreign investments, said Ling JI, Vice-Minister of the Chinese Ministry of Commerce (MOFCOM), at a press conference on Thursday.
Attracting more high -quality foreign investment in listed companies in the country is one of the priorities of 2025, said Ling.
Ling has stressed that it is necessary to optimize the regulations relevant to foreign investments in the creation of investment companies, the rules and procedures for mergers and foreign acquisitions and support foreign companies to participate in the new process of industrialization of the country.
By the end of 2023, China Was Home to A Total of 465,000 Foreign-Funded Enterprises, an Increase of 46,000 sincere 2019, and in 2024, 59,000 Foreign-Unterte Were Established Across the Country, Marking A Year-On-Year Growth of 9.9%, said Zhu Bing, director of the Department of Mofcom’s foreign investment administration during the press conference.
Zhu noted that despite certain multinational companies that have withdrawn from China, the overall number of foreign companies in the country continues to grow.
Meanwhile, nearly 1.24 million companies financed abroad had been established in China in 2024, the real use of foreign capital reaching 20.6 billions of yuan (2.83 billions of dollars), declared Ling.
By actively attracting and using foreign investments, China has advanced technologies and management experience, promoted economic development in various regions, increased tax revenue, provided a large number of jobs, improved the standard of living of people And enriched the supply of goods and services, added Ling added.
