Double-digit pickup in FDI likely this year, expert says

Foreign direct investment in China is expected to see double-digit growth in 2018, buoyed by the country's forthcoming round of high-level opening-up measures, an expert has said.

The comments came after Liu He, a member of the Political Bureau of the Communist Party of China Central Committee, said in Davos in January that the country would take concrete measures to further open up.

Wei Jianguo, a former vice-minister of commerce, told China Daily: "A new wave of reform and opening-up measures that the Chinese government has been researching this year will exceed international expectations. The policy of attracting foreign investment, in particular, will achieve a breakthrough."