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CIFIT underlines China’s popularity among global investors
2016/9/11
China is playing an ever more crucial role in global capital markets, as Chinese firms and capital have been more prominent than ever before at the 2016 China International Fair for Investment and Trade currently taking place in Xiamen, Fujian province.
According to statistics released at the Summit Meeting & Matching Talks for Asian Investment Funds on the first day of the CIFIT on Sept 8, 26,575 foreign capital enterprises entered the Chinese market in 2015, an 11.8 percent year-on-year increase.
China attracted $135.7 billion of foreign direct investment in 2015, making it the second most popular destination for foreign capital after the United States.
This growth appears to be accelerating, as the number of foreign capital enterprises moving to China hit 13,402 during the first half of 2016, a 5.1 percent rise from the same period last year.
Artificial intelligence, information technology and environmental protection are three of the most popular Chinese markets among global investors, said Li Peiji, president of Orchid Asia Investment Group.
China is also becoming an increasingly important investor in global markets. According to the World Investment Report 2015, China poured $127.6 billion into the global market, up 4 percent from 2014.
China’s outgoing investment already hit $102.8 billion in the first seven months of 2016, a 60.2 percent increase from the same period last year.
This rapid increase in Chinese investment abroad is primarily due to the country’s Belt and Road Initiative as well as the motivation of domestic private firms to go global, said one industry insider at the fair.
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Guided by: Xiamen Municipal Bureau of Convention and Exhibition Sponsor: Xiamen Convention and Exhibition Association
Phone:86-592-5959353\2213713 Fax:86-592-2213716 E-mail:xmcea3@163.com
Technology: Xiamen Economic and Trade Information Center