China seen as global investment stabiliser


A visitor uses a device that tests mask filtering efficiency at the Trade in Services exhibition area during the third China International Import Expo in Shanghai on on Nov 5, 2020. - China Daily

SHANGHAI (China Daily/ANN): China is expected to have attracted a total of US$690 billion in foreign direct investment during the 13th Five-Year Plan (2016-20) period, and will offer its pilot free trade zones greater autonomy to attract more global investment over the next five years, government officials said on Thursday (Nov 5).

The Ministry of Commerce is currently compiling a plan for the utilization of foreign capital during the country's 14th Five-Year Plan (2021-25), said Zong Changqing, director-general of the ministry's department of foreign investment administration.

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