China Cites 5% Q1 GDP Growth, 20K+ New Foreign-Invested Firms as Open Market 'Must-Choose' Destination

GateNews
According to Vice Minister of Commerce Yang Dong on May 26, China released key economic figures highlighting its appeal to multinational corporations. Q1 2026 GDP grew 5% year-over-year. From January to April, over 20,000 foreign-invested enterprises were newly established, up 6.8% annually, with more than 3,000 firms adding further investments. High-tech industries attracted 116.33 billion yuan in foreign direct investment, increasing 20.3% year-on-year, reflecting China's sustained commitment to high-level opening-up and its role as a stable market amid global economic uncertainty.
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