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CHINA`S INWARD FDI WILL CONTINUE TO GROW, UNCTAD PREDICTS


Press Release
For use of information media - Not an official record
TAD/INF/B23/E
CHINA`S INWARD FDI WILL CONTINUE TO GROW, UNCTAD PREDICTS

Geneva, Switzerland, 13 December 2002

Investment in China´s services sector could increase significantly over the next few years, with inflows into manufacturing expected to remain stable, says a new UNCTAD note, released today on the organization´s website. Government efforts to open its markets to foreign investors since joining the WTO a year ago have further improved China´s investment climate and increased investors´ interest in the country, the study finds.

The note assesses the impact of China´s WTO accession on FDI inflows and outflows and on the economy in general. It also evaluates future prospects for FDI flows to China.