China’s rising inbound and outbound investment signals its role in global growth
Despite the continued slowdown in private sector investment in China during the first half of this year, Wang Jianlin, Founder and Chairman of the Dalian Wanda Group, is brimming with confidence about the Chinese market.
“During the same period, tourism investment, for example, has seen strong growth of 30.5 percent year on year, indicating that industries with development potential are able to attract the eyes of investors,” said Wang, China’s richest person. He was attending the International Investment Forum 2016, part of the 19th China International Fair for Investment and Trade, held in Xianmen, a coastal city in southeast China’s Fujian Province, from September 8-11.
China will build a fairer, more transparent and predictable investment environment for foreign investors, and give equal treatment to domestic and foreign businesses.