China’s ris­ing in­bound and out­bound in­vest­ment sig­nals its role in global growth

ChinAfrica - - Business - By Yu Nan

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.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.