Ministry of Commerce: Nearly 4,000 foreign-funded enterprises increased their investment in China in the first five months

The State Council Information Office held a press conference on the 22nd. Relevant officials from the Ministry of Commerce introduced that in the first five months of this year, nearly 4,000 foreign-funded enterprises increased their investment in China. Next, China will continue to expand opening-up around the goals of stabilizing the existing volume, increasing the new volume, and improving the quality, and further consolidate the foundation for attracting foreign investment.

Relevant officials from the Ministry of Commerce said that currently, the number of foreign-funded enterprises in China is constantly increasing. By the end of 2025, the number of foreign-funded enterprises will reach 533,000, with an average annual growth of 4.5% compared with the end of 2020. By the end of last year, the stock of foreign investment had approached 4 trillion US dollars. According to incomplete statistics, more than 8,000 foreign-funded enterprises increased their investment in China in 2025, a year-on-year increase of more than 10%. From January to May this year, nearly 4,000 foreign-funded enterprises increased their investment.

In terms of the contribution of foreign investment to China's economy, since 2020, the annual tax revenue contributed by foreign-funded enterprises has remained at around 2.5 trillion yuan, accounting for about 1/7 of the national tax revenue. In terms of employment, in the past five years, foreign-funded enterprises have absorbed an average of more than 30 million people for employment annually.

Ling Ji, Deputy Minister of Commerce and Deputy Representative of International Trade Negotiations: At present, the scale of foreign investment attracted by China still ranks first among developing countries, and we have always been a major global destination for cross-border investment. Next, we will, in accordance with the deployment of the 15th Five-Year Plan Outline, focus on promoting market access and opening-up in the service industry. We will continue to expand opening-up around the goals of stabilizing the existing volume, increasing the new volume, and improving the quality, create a better business environment for foreign investment, and further consolidate the foundation for attracting foreign investment.

Source: CCTV News