Share
Copied
The State Council Information Office of China hosted a press conference on China's business operations in the first half of 2023, Beijing, China, July 19. /CFP
Overall business operations in China showed recovery in the first half of 2023, and growth of foreign investment in the country remains unchanged, China's Ministry of Commerce (MOFCOM) officials said at a press conference on Wednesday.
In the first half of the year, total retail sales of consumer goods saw a rise of 8.2 percent year on year, which indicates a fairly swift recovery of China's domestic consumption, said Guo Tingting, vice minister of MOFCOM.
Similarly, China's foreign trade continued to expand as the value of imports and exports of goods totaled 20.1 trillion yuan ($2.78 trillion), a growth of 2.1 percent year on year.
China also saw a rapid increase in foreign-invested enterprises in the first half of this year. Some 24,000 new foreign firms established themselves in China, marking a 35.7 percent jump year on year, according to Guo.
Foreign investors continue to be optimistic about China's development prospects, and the overall trend of expanding investment in China remains unchanged, added Zhu Bing, head of MOFCOM's Department of Foreign Investment Administration.
Search Trends
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466