China Unveils New Foreign Investment Projects Worth $13.4 Billion

China has announced a new batch of 13 significant foreign investment projects, with a planned investment of $13.4 billion. According to RTHK, these projects primarily focus on the manufacturing sector, including electronics, chemicals, automobiles, and machinery. For the first time this year, logistics projects have been included in the list of major foreign investment projects. The initiative continues to support research and development centers in fields such as biomedicine. The sources of investment have become more diverse, with multinational companies from the United Kingdom, Germany, Switzerland, Sweden, and Turkey participating. This marks the ninth update of the related list by the National Development and Reform Commission. To date, the cumulative investment in these significant foreign projects has reached $108 billion.