Wednesday, 19 September 2018, 11:04:00 am
China attracted $130b in foreign direct investment last year, ranking second in world
March 06, 2018

China has attracted one hundred and thirty one billion dollars in foreign direct investment last year, ranking second in the world.

China’s National Development and Reform Commission’s top official Ning Jizhe told a news conference in Beijing today(Tuesday) that foreign investment has been an important part of the Chinese economy.

He noted that foreign enterprises in China contributed to about twenty percent of the tax income and more than ten percent of the jobs in the country.

China’s top economic planner attributed achievement in attracting overseas investment to its efforts in opening up and improving the investment environment.

He said China welcomes qualified overseas investors and will take a series of new measures to attract more foreign investment.

Radio Pakistan’s special correspondent Javed Khan Jadoon reports from Beijing that a series of news briefings have been arranged for foreign and local media on the sidelines of ongoing session of country’s top advisory body the National People’s Congress in Beijing.  The top officials of various government organs are briefing media about the achievements of the government in various sector and future development targets. Country’s top legislature the National people’s Congress is deliberating upon proposed revision in China’s constitution and discussing the government report presented by the Premier Li Keqiang.