China remains the most powerful engine of global growth: FM spokesperson

(ECNS) -- China remains the most powerful engine of global growth due to its strong resilience, ample potential and strong vitality of the economy, the reform and opening up policy, and the huge Chinese market, Chinese Foreign Ministry spokesperson Mao Ning said at a regular press conference on Tuesday.

Just as some friends from the business community have said, China has become a synonym of the best investment destination, and the “next China” is still China, Mao added.

Mao's remarks came after some foreign media reports that China's actual use of foreign investment dropped by 9.4 percent year-on-year in the first 10 months of this year and some foreign companies intend to move industrial chains out of China.

China will improve the mechanisms for protecting the rights and interests of foreign investors, further shorten the negative list on foreign investment and fully ensure national treatment for foreign investors, which sends out a strong message about China’s continued expansion of opening up, Mao cited what President Xi Jinping has stressed at the APEC CEO summit as saying.

We invite businesses from across the world to invest and cultivate success in China, the spokesperson said.