Xi to press case for China-US Bilateral Investment Treaty
Updated: 2015-09-17 07:02
By Zheng Xin and Chen Jia(China Daily)
|
||||||||
According to data released by the ministry, US investment in China decreased 19.6 percent year-on-year in the first eight months, with the drop more drastic in the first half of the year.
"Some areas of US services investment in China are not in accordance with those fields that China is opening to the world, despite the rapid increase in foreign investment in China's services sector," said Shen.
"However, based on information released by the China General Chamber of Commerce-USA, most US companies are still confident and willing to continuously invest in China while reporting positive company growth."
According to the ministry, US companies used to witness a rapid growth in investment in China. The biggest casualty of the fall in investments is the less-than-satisfactory performance of these firms this year.
Data released by the ministry showed that imports and exports of China's services trade witnessed a higher market concentration rate during the first six months.
The US, together with Japan, South Korea and Australia, were the major services trade partners of China during the first half, with the total volume of foreign trade accounting for 52.1 percent of the national foreign trade, said the ministry.
- UN chief: Those blocking fleeing refugees should 'stand in their shoes'
- Hungarian riot police detain migrants
- IOC announces five cities bid for 2024 summer Olympic
- Japan opposition to halt vote on security bills
- Japan protesters rally as security bills near passage
- Australia launches first air strikes against IS
- Popular Chinese dishes in the US
- Evacuation ordered after M8.3 earthquake hits Chile’s coast
- Donate sperm to get an iPhone 6s
- NYFW: Anna Sui Spring/Summer 2016 collection
- Five unorthodox majors that could create a successful business
- Four major meetings between Xi and Obama since 2013
- Ice cube bath sets world record
- Chinese noncommercial ads to be displayed in the US
Most Viewed
Editor's Picks
8 highlights about V-day Parade |
Glimpses of Tibet: Plateaus, people and faith |
Chinese entrepreneurs remain optimistic despite economic downfall |
50th anniversary of Tibet autonomous region |
Tianjin explosions: Deaths, destruction and bravery |
Cinemas enjoy strong first half |
Today's Top News
Global economy worries prompt Fed to hold rates steady
The ancient city takes a new route along the Silk Road
Villagers angry at verdict on fatal fire
Google demos online marketing strategies to support Chinese SMEs
Promoting the landscapes of China
Uber's Chinese rival backs US rival Lyft
Positive tone struck for Xi's US visit
Xi to press case for Bilateral Investment Treaty
US Weekly
Geared to go |
The place to be |