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New foreign-invested firms see robust growth in China
(People's Daily Online) 10:48, April 11, 2024
Some 7,160 new foreign-invested firms were set up across China during the first two months of this year, up 34.9 percent year on year, the biggest surge in nearly five years.
From a structural perspective, China's high-tech industry saw the establishment of 1,865 new foreign-invested companies in the first two months, up 32 percent year-on-year.
FDI from France, Spain, and Australia in China showed remarkable growth in the first two months, increasing by 586 percent, 399 percent, and 144.5 percent, respectively.