Foreign investment ramps up as innovation drive deepens

China's improving innovation ecosystem, its vast market and more predictable policy environment are encouraging multinational companies to scale up investment and operations, cementing the country's role as a hub for advanced industries and global trade, said market observers and business executives.

They added that China's integrated industrial supply chains, ongoing industrial upgrading, stable market environment, relatively low energy costs and skilled labor force further enhance its competitiveness as a key base for foreign companies.

Peter Burnett, chief executive of the China-Britain Business Council, noted that for many multinational companies, "Innovated in China" is increasingly complementing "Made in China", as these companies move up the value chain and deepen local integration.

Source：China Daily 

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