Still attractive for FDI

Recent complaints that conditions for foreign investors in China are worsening do not hold water because the country is getting increasingly attractive as an investment destination.

Latest statistics show foreign direct investment (FDI) in China increased in April for the ninth month, surging 25 percent year-on-year. The government has ostensibly kept the door open for more foreign investments, although the country received more than $1 trillion in FDI by the end of March.

In fact, the government has just announced a number of preferential policies to attract foreign investments in renewable energy, high-technology and service sectors in central and western parts of the country.