World Investment Report 2018: China hit a record on attracting FDI
By China Watch |
Updated: 2018-09-11 16:38
The 2018 world investment report (Chinese version) was officially released during the 20th China International Fair for Investment and Trade, held in Xiamen, Fujian province, on Sept 8-11.
The report was published by United Nations Conference on Trade and Development (UNCTAD). The English-language version was unveiled in June.
China hit a new high, according to the report, by attracting $136 billion in foreign direct investment in 2017, making it the largest recipient of FDI in developing countries and the second-placed recipient after the United States.
Global flows of FDI fell by 23 percent in 2017, declining to $1.43 trillion from $1.87 trillion in 2016. Inward FDI flows to developed economies fell sharply, by 37 per cent, to $712 billion. FDI flows to developing economies remained stable at $671 billion and FDI flows to transition economies declined by 27 per cent, to $47 billion, the second-lowest level since 2005. Flows to developing Asia economies remained stable, at $476 billion. The region regained its position as the largest FDI recipient in the world.
Thanks to the Chinese government’s long-term focus on improving the business environment and making active and effective use of foreign investment, China's attraction of foreign investment in 2017 increased slightly, said Zhang Qi, researcher at Foreign Economic Research Department of Development Research Center of the State Council.
The report predicted there would be a modest recovery in global FDI flows in 2018, with growth expected to be about 5 percent. But, geopolitical risks, increasingly strained trade relations and protectionism could have a negative impact on FDI in 2018, the report said.
The 2018 world investment report (Chinese version) was officially released during the 20th China International Fair for Investment and Trade, held in Xiamen, Fujian province, on Sept 8-11.
The report was published by United Nations Conference on Trade and Development (UNCTAD). The English-language version was unveiled in June.
China hit a new high, according to the report, by attracting $136 billion in foreign direct investment in 2017, making it the largest recipient of FDI in developing countries and the second-placed recipient after the United States.
Global flows of FDI fell by 23 percent in 2017, declining to $1.43 trillion from $1.87 trillion in 2016. Inward FDI flows to developed economies fell sharply, by 37 per cent, to $712 billion. FDI flows to developing economies remained stable at $671 billion and FDI flows to transition economies declined by 27 per cent, to $47 billion, the second-lowest level since 2005. Flows to developing Asia economies remained stable, at $476 billion. The region regained its position as the largest FDI recipient in the world.
Thanks to the Chinese government’s long-term focus on improving the business environment and making active and effective use of foreign investment, China's attraction of foreign investment in 2017 increased slightly, said Zhang Qi, researcher at Foreign Economic Research Department of Development Research Center of the State Council.
The report predicted there would be a modest recovery in global FDI flows in 2018, with growth expected to be about 5 percent. But, geopolitical risks, increasingly strained trade relations and protectionism could have a negative impact on FDI in 2018, the report said.
