December 3, 2021

China’s Ministry of Commerce Plans to Withdraw Foreign Capital

The Chinese Ministry of Commerce has issued a plan to use foreign direct investment (FDI) in the period of the 14th Five-Year Plan (2021-2025). Berita politik

“China will continue to promote a high degree of openness to attract high-quality global resources,” the MOC said, quoted by the China Daily, Monday, October 25, 2021.

It also promises to improve the quality of use of FDI while keeping the quantity steady. FDI will help further improve the industry and supply chain while improving the business environment for foreign investors. Berita Terkini

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“China should rank among the top destinations globally in terms of the scale of FDI use and its position as the leading country in FDI use should remain stable,” he said.

The structure of the use of FDI should be improved and the interaction of FDI with outbound direct investment, foreign trade and domestic consumption should grow during this period. Berita hari ini

In the 13th Five-Year Plan period, China used USD 698.9 billion of FDI, up 10.4 percent from the 12th Five-Year Plan period and setting a record high for the country. Vitamin dan Suplemen

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