Ministry: Foreign investors still optimistic about China

Foreign investors remain optimistic about China, and there has been no large-scale withdrawal of foreign investment from the market despite the novel coronavirus outbreak, the Ministry of Commerce said on Thursday.

Although the COVID-19 epidemic has a certain impact on foreign enterprises operating in China, on the whole there never has been and never will be large-scale withdrawal of foreign investment from the market, Gao Feng, spokesman of the ministry, said at a weekly news briefing.

Foreign investors continue to be optimistic about the country, and have not changed their confidence in their long-term business development in the market, Gao said.

As of Tuesday, 72.8 percent of the surveyed 8,700 major foreign enterprises have a resumption rate of more than 70 percent. The rate grew by 0.9 percentage points compared with last week, according to the ministry.