Beijing continues to attract foreign investment
Experts have tipped Beijing to continue being an appealing destination for foreign investment by actively attracting sci-tech innovation projects and talent, while steadfastly striving to enhance its business environment, according to China Daily.
Beijing continues to attract foreign investment
New Age – New Road

Beijing continues to attract foreign investment

Photo: iStock
Eurasia 14/06/2023 06:00

Experts have tipped Beijing to continue being an appealing destination for foreign investment by actively attracting sci-tech innovation projects and talent, while steadfastly striving to enhance its business environment, according to China Daily.

Executives from foreign-funded companies, investors and government officials gave the Chinese capital — a leading hub for scientific and technological innovation — this vote of confidence at the 2023 Invest Beijing Global Summit, the newspaper added. The summit was held on the sidelines of the 2023 Zhongguancun Forum, held from May 25 to 30 in the city's Zhongguancun innovation hub, known as "China's Silicon Valley."

During the summit, domestic and foreign companies signed a series of investment deals worth more than 60.8 billion yuan (about $8.61 billion), covering 39 projects in Beijing's high-tech sectors such as intelligent connected vehicles, medicine and health, and intelligent manufacturing, China Daily wrote.

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