29.9 C
Singapore
Sunday, April 27, 2025
spot_img

China to encourage more foreign investment in manufacturing industry

Must read

An official of China’s state planner said on Wednesday that the country’s foreign investment has increased steadily so far this year and that it will encourage more foreign investment in the manufacturing industry.

Xia Qing was speaking at an APEC workshop on supply chains in Beijing.

China’s foreign direct investment (FDI) rose 15.6% from a year earlier in the first nine months of the year to 1 trillion yuan ($138.52 billion) after a 16.4% growth in January-August, according to data from the Ministry of Commerce.

spot_img
- Advertisement -spot_img

More articles

spot_img
spot_img
- Advertisement -spot_img

Latest article