China Invites Foreign Investment to Adapt Economy

Reported 3 days ago

China is actively seeking both established and new foreign investments, with a focus on enhancing cooperation in emerging sectors such as services and healthcare. Recently, Brazilian firms like Vale were welcomed to deepen trade ties during an annual corporate forum in Beijing. China's shift towards a consumption-driven economy necessitates attracting more foreign capital, particularly in service industries as household consumption rises. Meanwhile, the government also acknowledges the need for robust foreign competition in light of an aging population and expanding healthcare demands.

Source: YAHOO

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