Foreign investment on upswing despite headwinds
By Wang Yu and Zhou Lanxu | China Daily | Updated: 2018-10-09 07:30
China has absorbed a six-year high in total foreign investment in the first half of 2018, despite global trade tensions and economic uncertainties, an official document said.
Experts, interviewed about the results, said quality-oriented economic growth and more opening-up policies are expected to further cement China's momentum in attracting foreign capital.
Net foreign investment inflow surged 45 percent year-on-year to $294 billion from January to June, the highest since 2012, according to a document issued by the State Administration of Foreign Exchange.
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