At their booths in the fifth China International Import Expo in Shanghai earlier this month, many senior MNC executives told me that for their businesses, the advantage of scale is no longer a critical factor for success in China.
China is expected to make the country increasingly more attractive by ramping up efforts to stabilize the expectations of foreign investors.
Measures for foreign trade in 2022
Authorities in East China's Zhejiang province recently released 17 policies and provided financial support to boost the development of the construction sector.
Foreign direct investment into the Chinese mainland, in actual use, expanded 17.4 percent year-on-year to 723.31 billion yuan in the first half of the year, the Ministry of Commerce said Friday.
Authorities in East China's Zhejiang province recently rolled out 10 measures to stabilize its foreign trade and foreign investment and to tackle difficulties faced by foreign trade businesses.
China will accelerate major foreign investment projects to attract foreign investment, a key point in the stimulus package of 33 measures unveiled by the State Council to stabilize economic growth.
Quzhou in East China's Zhejiang province has launched 40 measures to stabilize the economy amid the ongoing COVID-19 epidemic.