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MNI BRIEF: China’s Foreign Investors Remain Positive

MNI (BEIJING) - Foreign investors in China remain optimistic about the nation’s long-term prospects, He Yongqian, spokesperson for the Ministry of Commerce, said on Thursday.

Regarding Wednesday’s European Chamber of Commerce’s call for Beijing to make stronger efforts to boost foreign sentiment, He told reporters the total profits of foreign enterprises increased by 9.9% from January to July this year and 32,000 new foreign-invested enterprises were established, up 11.4% y/y.

Recent measures to open the medical sector and relax access for foreign investment in biotechnology and hospitals will bring new opportunities for more European companies to invest and operate in China, He said. 

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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