The fast-growing and vast domestic financial market and a more transparent and fair competition environment will make the Chinese market attractive to foreign capital in the next several years, Zhang said.
The extremely loose monetary policy implemented by the Fed has not really helped the US economic recovery. Instead, what it has done is to ensure liquidity in the financial system and companies can access sufficient funds to avoid bankruptcy, said Chao.
The event, which is held every two years, attracted more than 100 business managers, scholars from world-renowned business schools including Columbia Business School, and media guests from the Financial Times, Harvard Business Review, and others.
The exhibition also features many items collected by emperors Song Huizong and Qianlong during the Song (AD 960-1279) and Qing (AD 1644-1911) dynasties, as well as collections from scholars during the time.
The fair provides a chance for participants to advertise their machines and technology, and seek new partners while fostering technical transfers, said Vietnam Building Material Association, the organizer.
The fast-growing Ningxia wine region has made impressive achievements in international and domestic contests in recent years, boasting a string of international awards, she said.
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The fast-rising number of cinemas has been a major factor behind the boost of the film market. By the end of 2017, there were 50,776 screens across the country, more than tripled than that in 2012 and the most in the world.
The expansion in China-ASEAN trade has been partly buoyed by the implementation of an upgraded China-ASEAN Free Trade Area protocol since October 2019, which has further facilitated agricultural trade and brought dividends to CAFTA members.
The event will be broadcast live by media outlets including China National Radio, China Central Television, China Radio International, xinhuanet.com and major news portals.
The experience of Assa Abloy, the Swedish door manufacturer, in China exemplifies the changes sweeping the FDI environment.