Foreign direct investment in China is set to rebound this year driven by the strong increase in the first six months, the Xinhua news agency quoted Vice Commerce Minister Wang Shouwen as saying.
FDI is expected to grow around 4 percent to $125 billion versus a 1.7 percent rise registered in 2014.
In the first half of this year, FDI advanced about 8 percent.
Wang attributed the improvement to China’s continued efforts in initiating reforms, fewer government restrictions and active promotion of opening up in certain industries and inland areas.
Nonetheless, he cautioned that investment growth will probably decline in the second half of the year due to a slow economic recovery in major FDI sources and the tapering of U.S. quantitative easing.
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