'Next China is still China': Experts Praise Economy's Enhanced Quality FDI
Experts discussed the significant improvement in the quality of foreign direct investment (FDI) in China during CGTN's "Talking China" debate show, which aired on Tuesday, asserting that "the next China is still in China."
TroibNews 
Experts discussing the topic on CN's "Talking China" debate show on Tuesday noted a significant improvement in the quality of foreign direct investment (FDI) in China, asserting that the next China remains within China.
In response to speculation surrounding a so-called mass exit of foreign capital from the Chinese market, Wang Wen, dean of the Chongyang Institute for Financial Studies at Renmin University of China, stated that China continues to rank among the top three countries globally for attracting FDI.
Wang pointed out that the quality of China's FDI has significantly enhanced, particularly in sectors such as medical equipment, professional technical services, and computer manufacturing. He highlighted that over 50,000 new foreign-invested enterprises were formed in China in 2024, reflecting a 9.9 percent increase compared to the previous year.
He further emphasized that non-financial outbound direct investment from China experienced a 10.5 percent year-on-year increase in 2024, reinforcing its status as a key player in global investment.
Li Cheng, the founding director of the Center on Contemporary China and the World at the University of Hong Kong, remarked that the concerns of some U.S. businesses operating in China are more influenced by restrictive policies from the U.S. government than by conditions in China itself.
"The real issue here is whether China's basic in its economic prospects is good or bad. I think it is very good," Li stated.
He indicated that much of the criticism directed at China's market is often taken out of context, lacking appropriate comparisons with other economies.
"If China's market is not good, so tell me – which market is good?" Li queried, adding, "The next China is still in China in terms of huge market development."
Frederick R Cook for TROIB News
In response to speculation surrounding a so-called mass exit of foreign capital from the Chinese market, Wang Wen, dean of the Chongyang Institute for Financial Studies at Renmin University of China, stated that China continues to rank among the top three countries globally for attracting FDI.
Wang pointed out that the quality of China's FDI has significantly enhanced, particularly in sectors such as medical equipment, professional technical services, and computer manufacturing. He highlighted that over 50,000 new foreign-invested enterprises were formed in China in 2024, reflecting a 9.9 percent increase compared to the previous year.
He further emphasized that non-financial outbound direct investment from China experienced a 10.5 percent year-on-year increase in 2024, reinforcing its status as a key player in global investment.
Li Cheng, the founding director of the Center on Contemporary China and the World at the University of Hong Kong, remarked that the concerns of some U.S. businesses operating in China are more influenced by restrictive policies from the U.S. government than by conditions in China itself.
"The real issue here is whether China's basic in its economic prospects is good or bad. I think it is very good," Li stated.
He indicated that much of the criticism directed at China's market is often taken out of context, lacking appropriate comparisons with other economies.
"If China's market is not good, so tell me – which market is good?" Li queried, adding, "The next China is still in China in terms of huge market development."
Frederick R Cook for TROIB News
