Since the beginning of this year, China's economic development has shown a rebound and positive trend, with high-level opening up continuously advancing and increasing attraction to foreign investment. From a national perspective, in the first quarter, China established over 10000 new foreign-invested enterprises, a year-on-year increase of 25.5%. More and more newly established foreign-funded enterprises are settling in China and taking root and growing. In the first quarter, the number of newly established foreign-funded enterprises in multiple provinces and cities in China achieved good growth. From January to March, the number of newly established foreign-funded enterprises in Shandong increased by 36.9% year-on-year; The number of newly established foreign-funded enterprises in Zhejiang increased by 42.1% year-on-year. In the Guangdong Hong Kong Macao Greater Bay Area, benefiting from high-level opening-up and strong institutional innovation, Guangdong established 4115 new foreign-funded enterprises in the first quarter, a year-on-year increase of 70.9%, leading the country. Experts say that in 2023, China will strengthen investment promotion efforts from the central to local governments. The Ministry of Commerce has launched a series of activities for the "Investment in China Year", and various regions have also increased their efforts to "go out" and "invite in" investment. With more frequent exchanges, the sources of foreign investment projects are constantly expanding. (New News Agency)
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