USEUROPEAFRICAASIA 中文双语Français
Home / China

FDI is still flowing despite downturn

By Li Hui | China Daily | Updated: 2009-07-24 07:44

Foreign direct investment (FDI) in China still has strong potential to grow despite the ongoing financial crisis, said Li Zhiqun, director of the Foreign Investment Department of the Ministry of Commerce.

Though the global financial crisis has dampened the willingness and capacity of multinationals to invest and hindered the global flow of capital, "China's political stability, rapid industrialization, urbanization and overall development still provide abundant opportunities for FDI," Li said.

The official, who just visited the Changhe-Suzuki Auto Co in Jiujiang of Jiangxi province, said its Japanese investors told him that they are delighted to see growth in sales in the first half of this year after China implemented a strategy to promote vehicle sales in rural areas.

FDI is still flowing despite downturn

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US