Home » Business » Foreign companies are optimistic about the Chinese economy – 2024-02-23 21:43:23

Foreign companies are optimistic about the Chinese economy – 2024-02-23 21:43:23

/ world today news/ This year, economic activities in China in various areas continue to recover. Due to the large size of the market, the overall industrial system, the abundance of human resources and the constantly optimizing business environment, more and more foreign companies are planning to increase their investments in the country.

From January to May, 18,532 new enterprises with foreign investments were created throughout the country, which is 38.3% more on an annual basis. More and more investment by multinational companies is heading to China’s new and high-tech sector, which has grown by 30.8% in the first five months. A survey by the China Association for the Promotion of International Trade shows that 92.4% of foreign companies surveyed say that China’s position in their global investment decisions has not declined, and business representatives from a majority of countries express confidence in the country’s economic growth and will continue to work more actively in the Chinese market.

#Foreign #companies #optimistic #Chinese #economy

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