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Ecns wire

China remains a major destination for global investment: FM spokesperson

2023-08-31 18:38:07Ecns.cn Editor : Mo Honge ECNS App Download

(ECNS) -- China remains a major destination for global investment and enjoys distinct advantages, including a socialist market economy in systemic terms, a supersize market in terms of demand, a full-fledged industrial system in terms of supply, and abundant, high-caliber labor force and entrepreneurs in terms of human resources, Chinese Foreign Ministry spokesperson Wang Wenbin stated at a press conference on Wednesday. 

Wang made the remarks to disprove the allegation that some U.S. firms complained that China has become “uninvestible” and “too risky.”

According to an AmCham China survey, 66 percent of U.S. companies in China will maintain or increase investment in China in the coming two years, Wang said. 

"We hope that the U.S. can work with China to put into practice its commitment of not seeking a decoupling from China and create a favorable environment for the sound development of China-U.S. economic and trade ties," he added.

 

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