China continues to hold a dominant position in global investment priorities, with the surveyed multinationals considering the country as one of the top spots in their global investment plan, according to a report recently released by the American Chamber of Commerce in South China.
The 2025 Special Report on the State of Business in South China showed that 76 percent of surveyed companies plan to reinvest their profit in China.
Among these companies, 77 percent have budgeted under 100 million U.S. dollars for reinvestment in China this year, and six percent of them have allocated more than 250 million U.S. dollars for their reinvestment plans in the coming year.
The report also estimated that the chamber's member companies have set aside a total of about 14.6 billion U.S. dollars from profits in China to reinvest in the next three to five years, marking an over 33 percent increase compared with previous figures.
Speaking to China Global Television Network (CGTN) on Friday, Le Xia, chief economist for Asia at BBVA Research, said foreign investors' growing desire to increase their investment in China was partly driven by the country's continuous development, which has yielded remarkable achievements in both traditional and emerging sectors and which helps boost the country's global competitiveness. "Many of the international investors I know are interested in this move. We can see in traditional ones like finance sectors, and also in these manufacturing sectors, and AI -- all these ones -- that China has already showed its competitiveness globally. So, [for] the foreign investors, they want to join to share the fruit of this new development," Le said.
Le also said that as China continues to vigorously encourage foreign investment, the country is going against the rising trend of protectionism led by some developed economies, which are suffering from economic troubles that can be solved through trade.
"I think that China is adopting the right approach to deal with, we can say, the rising protectionism globally. [For] these developed countries, for different reasons, they are trying to promote this kind of protectionist measures, but China is doing the opposite. It opens more to these foreign investors, opens more to their developing trade partners. I think it's a very good strategy. It not only benefits all these important trade partners. But also, it, I think, has laid a strong foundation for China and these developed economies to solve their problems," he said.
China remains one of most attractive global investment destinations: report
