MNCs delve deeper into local market amid country's opening-up commitment

BEIJING — Foreign firms continue to view China as a favored investment destination, driven by the country's steadfast commitment to opening-up and innovation, said foreign firm executives at the Invest in China Summit 2024 in Beijing in March.

The summit, jointly hosted by the Ministry of Commerce and the Beijing Municipal People's Government, marked the first signature event of Invest in China, a government campaign to attract foreign investment and help overseas firms better understand China's opportunities.

Attendees at the summit said China's robust economic resilience — fueled by its enormous market potential, burgeoning emerging industries and high-quality talent pool — instills enduring confidence among foreign companies to continue investing in the country.