State Administration of Foreign Exchange: The future outlook for foreign investment in China is expected to continue in a positive direction

On July 17th, Zhao Yuchao, head of the International Balance of Payments Department of the State Administration of Foreign Exchange, stated at a press conference organized by the State Council Information Office that foreign investment in China is expected to continue on a positive trend in the future. Firstly, China's industrial optimization and technological innovation will continue to bring new investment opportunities. Secondly, China will steadily expand its institutional opening-up to the outside world, improve the system for guaranteeing services for foreign investment, optimize the mechanism for financial interoperability, and create a more favorable policy environment for foreign investment in China. Thirdly, in recent years, the international situation has been complex and changeable, China's economy has shown increased resilience, and the stability of the renminbi will provide more options for global capital to diversify their investment.