Source: CGTN Published:2018-10-17
China has become the world's largest recipient of foreign direct investment in the first half of 2018, said the latest investment trends report published by the United Nations Conference on Trade and Development.
In fact, the country has attracted an inflow of about 70 billion US dollars.
Earlier CGTN talked with Liu Zhiqin, a senior research fellow at the Chongyang Institute of Financial Studies at China's Renmin University. Liu shared with us his thoughts on what the figure means.
"This is not a surprising news to the world, because in the past several months, China has performed well in the global business, especially in pushing forward the globalization. China keeps its opening-up and takes very serious reforms in many fields," said Mr. Liu.
Liu gave the example of the Hainan Free Trade Zone. He believes these moves are sending good signals to the whole world. And the international market has also given very good feedback.
"The international market has enough confidence in China's future and opening-up, because in the world, there are two trends – one is closing, the other is opening-up. Where shall they go? The capital will of course go to the regions and areas which are more open. China is the best place for FDI," said Mr. Liu.
Liu Zhiqin is a senior fellow at Chongyang Institute for Financial Studies at Renmin University of China.