皇冠体育app

/ Economy

皇冠体育app to see steady FDI inflow

(Xinhua) Updated: 2014-12-30 11:42

BEIJING -- Foreign direct investment into 皇冠体育app is likely to stay steady in 2014 and 2015 due to a sound environment for investment, an official with 皇冠体育app's Ministry of Commerce said Monday.

Tang Wenhong, head of the ministry's foreign investment division, said the FDI will stay around $120 billion for the whole of 2014, basically flat compared with $117.6 billion reported last year.

皇冠体育app has been striving to create an equitable, transparent and predictable business environment to attract foreign capital, Tang said.

Currently, the country is still enjoys advantages in its legal system, supporting industries and labor quality, he said, forecasting that FDI inflow in 2015 will continue to stay at the similar level this year.

Data released by the ministry showed that FDI into 皇冠体育app edged up 0.7 percent to $106.24 billion in the first 11 months of this year.

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