Foreign investors move funds to A-share 'safe harbor'

China has become the safe harbor amid global economic uncertainties and foreign investors are actively participating in the A-share market, according to the vice-chairwoman of JPMorgan Asia.

"While overseas markets are turbulent, the Chinese economy is very steady and the economic transition has achieved good results, which makes China a safe harbor," said Jing Ulrich, vice-chairwoman of Asia Pacific at JPMorgan Chase & Co.

According to the National Bureau of Statistics in October, China's growth rate in the first three quarters of the year was 6.7 percent, which is at a medium-high level and among the highest in the world.