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Vice commerce minister confident of steady FDI

Updated: Mar 11,2017 8:28 PM     Xinhua

Vice Minister of Commerce Wang Shouwen answers questions at a news conference on structural adjustments and innovation for the fifth session of the 12th National People’s Congress in Beijing, capital of China, March 11, 2017. [Photo/Xinhua]

BEIJING — Vice Minister of Commerce Wang Shouwen said on March 11 he is confident about holding foreign direct investment (FDI) at a steady level in 2017.

FDI inflow to China rose in February, compared with a decline of 9.2 percent in January, Wang said at a news conference on the sidelines of the annual parliamentary session, without giving specific figures.

“It is too early to estimate the annual figure based just on the first one or two months,” he said.

Wang reiterated the government’s open attitude toward foreign investment and his confidence in realizing a relatively high FDI level this year.

China will open its door wider to the outside world and improve the environment for foreign investors, according to a government work report delivered by Premier Li Keqiang on March 5.