Policy support to shore up foreign investors' confidence

Foreign investors' renewed interest in the Chinese market is likely to surge this year, driven by intensified policy efforts to revive domestic consumption and an innovation boom rippling through the economy, executives and analysts said.

Anticipating swift implementation of the recently announced monetary and fiscal stimulus measures, they said that additional policy support may be introduced later this year as the government's pragmatic inflation goal signals a stronger commitment to forestalling any deflationary pressures.

"We recognize that China's consumption upgrade is well underway, and there is significant potential for consumption-led economic recovery," said Kenny Pan, Asia-Pacific vice-president of Huntsman Polyurethanes, a global chemicals company.