China will witness a new upswing of FDI in 2023

After the 20th CPC National Congress, China is focusing all its efforts on modernization and aims to become a medium developed economy by 2035 with a per capita income level of a medium-developed country. Such an enormous growth space and infinite market potential serves as a strong magnet for businesses around the world. Craig Allen, president of the US-China Business Council, has said that American companies must continue to do business in China if they want to be global leaders.