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.
Copyright©2021 China Daily. All rights reserved.