Foreign Investors Hold Stable Expectations Of Chinese Market

Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded by 15.8 percent year-on-year in July, according to data from the Ministry of Commerce (MOC).

- Luo Shanshan

Foreign investors’ expectations of and confidence in the Chinese market have been stable while signaling sound momentum of growth, suggested the data.

Against the backdrop of the globally spreading COVID-19 epidemic and gloomy transnational investment, the performance of FDI inflow in July was particularly precious.

The great growth in actually utilized FDI in China couldn’t have been realized without the strong resilience and huge potential of the Chinese economy.

“We will further increase our investment in China and open more stores steadily. We will do all we can to bring the number of our stores in China to over 3,000 by the end of 2020,” said Zhang Sheng, vice president of Lawson (China) Holdings Inc.

Due to the epidemic, Lawson stores in some office buildings and scenic spots have seen a decrease in their customer flow, yet sales in stores located in communities have still grown rapidly, Zhang disclosed.

“With the store being located 100 meters away from my home, I can now buy daily necessities conveniently,” said Huang He, a resident in Yuzhong district, southwest China’s Chongqing municipality, while waiting in a line for payment before the checkout counter of a newly opened Lawson store.

Three stores of the Japanese convenience store chain were opened in Chongqing on July 15 alone.