COVID-19 Series, EP2: Is China still an FDI magnet? | govt.chinadaily.com.cn

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COVID-19 Series, EP2: Is China still an FDI magnet?

Updated: Dec 10, 2020 govt.chinadaily.com.cn Print

Chinese economy amid COVID-19
Chapter 2: Is China still an FDI magnet?

A UNCTAD report forecast a drop in global foreign direct investment (FDI) flow as deep as 40% in 2020. China’s FDI also faced tremendous challenges. Its FDI inflow plunged a quarter in February and dipped again in March.

Yet once again, China proved itself up to the challenge. In October, China's actual use of foreign capital surged 18.3 percent on a yearly basis to 81.87 billion yuan ($11.83 billion), marking the seventh consecutive month that the country has witnessed positive growth in FDI.

In this video, we’re going to take a look at the measures that China has taken to fortify its status as an FDI magnet, all in the midst of an ongoing pandemic.

This is the second episode in a five-part series on the Chinese economy amid COVID-19. Other episodes are listed below.

Chapter 1: Stop the bleeding

Chapter 3: This app is helping China reopen

Chapter 4: Unexpected winners

Chapter 5: Surging ahead in recovery

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