Summit to facilitate freer flow of capital
The total global investment today is lower than its peak before the 2008 global financial crisis, perhaps because of the lack of coordination among countries implementing investment policies and the protectionist measures taken by some economies. Worse, according to a United Nations study in June, global investment growth could fall by 10 percent to 15 percent this year compared with 2015.
To address these critical issues, China has for the first time made facilitation of investment a key topic of discussion at the G20 Leaders' Summit in Hangzhou, capital city of East China's Zhejiang province, next month.
China has been the largest destination for foreign direct investment for more than 20 years, and studies suggest it could become the world's largest investor by 2020. It is already one of the world's largest exporters and importers.