Hey there! Have you heard the news? 😀 China is seeing a big boom in new foreign businesses! In the first half of 2023, over 30,000 new foreign companies started in China. That’s an increase of 11.7% compared to last year! 🎉
Many of these businesses are in high-tech industries like e-commerce (online shopping), making medicines, and building airplanes and rockets! 🚀
Even though more new companies are starting, the total amount of money invested by foreign countries was a bit less than last year. It was about 423.23 billion yuan (that’s around 58.9 billion US dollars), which is 15.2% less than before.
But here’s the exciting part: investment in services like e-commerce jumped by an amazing 127.1% compared to last year! That’s more than double! 😮 This means more money is going into cool technologies and online services.
Countries like Switzerland, Japan, the United Kingdom, Germany, and South Korea are investing more in China. For example, investment from Switzerland went up by 68.6%! 🤑
So, what does this all mean? It means that China is becoming an even more exciting place for new ideas and technologies. Maybe one day, you could be part of creating something amazing too! ✨
Reference(s):
China sees rise in new foreign firms, high-tech investment gains in H1
cgtn.com
