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Could you give us a briefing on the series of events under the Invest in China initiative in July?(2023-07-06)

This year, in order to attract and utilize more foreign investment, MOFCOM has launched the Invest in China Year initiative. Following the launching ceremony and the promotion in Guangdong province, we have held a dozen of events in other parts of China, including “CIIE in Jilin”, Multinationals in Heilongjiang, and the promotion of national-level economic and development zones. We have also visited Gulf countries and Germany for investment promotion, effectively helping FIEs increase understanding on China’s investment environment and foreign investment policies, and attracting more foreign investors to visit and invest in China.

According to our plan, we will hold the Multinationals in Inner Mongolia event from 11 to 14 of July. By bringing multinationals to different parts of China, we aim to help China’s central and western regions, and northeastern regions have better communication with multinationals and implement more foreign-invested projects. With the focus on the competitive industries in Inner Mongolia, this event will help foreign-invested enterprises better understand and invest in Inner Mongolia. We will invite multinationals in related industries to industrial parks and companies in Hohhot, Ordos, and Erenhot to see for themselves, and learn more about the characteristics, resources, business environment of local industries.

Later this year, we will hold the Invest in China Keynote Forum during the China International Fair for Investment and Trade, a special promotional event for service industries during the China International Fair for Trade in Services, a special promotion event for China’s central regions during the Central China Expo, and the Invest in China Year Summit during the China International Import Expo. Foreign investors are welcome to follow the series of events to seize the investment opportunities and share China’s development dividends.