China attracts US$700 billion in foreign investment during its 14th Five-Year Plan.
During this period, 229 foreign-owned companies were established in China.
CGTN – China absorbed more than US$700 billion in foreign investment during the implementation of the 14th Five-Year Plan (2021-2025) for national socioeconomic development.
During this period, 229 foreign-owned enterprises were established in China, an increase of 25 compared to the 13th Five-Year Plan. Foreign-owned companies contributed one-third of the country's imports and exports, a quarter of its industrial value added, and one-seventh of its tax revenue. Furthermore, they also created more than 30 million jobs.
Under the 14th Five-Year Plan, many multinational companies established regional headquarters or global research and development centers in China. In 2024, the absorption of foreign funds in the high-tech sector represented 34,6% of the total annual value, an increase of six percentage points compared to 2020.
Furthermore, the number of items on the negative list of market access restrictions for foreign investment has been reduced, and restrictions on manufacturing industries have been completely eliminated. Pilot projects to open up service sectors, such as value-added telecommunications and biotechnology, are progressing successfully, generating new opportunities for foreign investment in China.
Source: CMG