China's economy is proving skeptics wrong, with experts doubling down on its appeal to foreign investors. On CGTN's Talking China debate show, analysts highlighted rising FDI quality in sectors like medical equipment, tech services, and computer manufacturing—signaling a shift toward high-value industries.
Wang Wen, a finance dean at Renmin University, slammed the noise about “foreign capital withdrawal,” revealing over 50,000 new foreign-funded businesses opened in the Chinese mainland in 2024 alone—a 9.9% annual jump. “China remains a top-three global FDI magnet,” he said, while its overseas investments grew 10.5%, cementing its role as a global economic heavyweight.
Hong Kong scholar Li Cheng reframed concerns: “The real question is whether China’s economic future is bright. I say yes.” He argued critiques often ignore context, asking: “If China’s market isn’t good—which one is?” His verdict: “The next China is still China,” pointing to its unmatched growth potential.
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“China remains a top-three global FDI magnet,” he said, while its overseas investments grew 10.5%, cementing its role as a global economic heavyweight.
His verdict: “The next China is still China,” pointing to its unmatched growth potential.
