China expects no large-scale foreign investment withdrawal amid Covid-19 outbreak

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China sees no large-scale foreign investment withdrawal amid Covid-19 outbreak

Foreign firms are still bullish on China, and their confidence and determination in long-term business development in China have not changed, said MOC spokesperson Gao Feng.

China will continue to open its door wider to the world, loosen market access, further expand import, and promote trade and investment liberalisation and facilitation, said Gao. Some 72.8 per cent of key foreign-invested firms had recovered over 70 per cent of work capacity as of April 14, up 0.9 percentage points compared with last week.

 

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