Official data released on Thursday showed that the number of foreign companies operating in China surged to nearly 1.24 million by 2024.
The data also confirms that China remains a leading destination for transnational investment, with around 60,000 foreign-invested companies established in 2024, reflecting a 9.9 percent year-on-year increase.
Speaking with the press, the Chinese Foreign Ministry Spokesperson, Mao Ning emphasized the country’s welcoming stance towards foreign firms.
According to Mao, the actual utilized foreign investment reached a remarkable 20.6 trillion yuan (approximately 2.87 trillion U.S. dollars), showcasing China’s robust investment climate.
Mao noted that the return rate of Foreign Direct Investment (FDI) in China has consistently hovered around 9 percent over the past five years, positioning it among the highest globally.
Mao assured that the government will ensure equal treatment for foreign-funded enterprises across various sectors, including access to production factors, license applications, standards setting, and government procurement.
“No matter how the external environment changes, China has always fulfilled its commitment to high-level opening-up,” Mao stated.
She reiterated that China welcomes foreign companies to invest and deepen their presence, aiming to share economic dividends and achieve mutual development.
