Emerging sector in focus
By Lan Lan | China Daily | Updated: 2011-09-07 07:51
Emerging strategic industries in China will become a new driving force for foreign investors amid the bleak economic outlook in many markets.
China is still an attractive destination for foreign direct investment (FDI). FDI jumped 18.6 percent year-on-year in the first seven months to $69.2 billion.
Compared with other emerging economies, China remains competitive in attracting investment and FDI inflows should be positive for the full year, said Zhang Zhiwei, chief China economist of Nomura Holdings Inc.
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