The city has rolled out several sets of policies to stabilize foreign investment, imports and exports, which saw positive results, further enhanced Shanghai's function as a trade hub and solidified the city's status as a top choice for foreign investment.
China will further its efforts to attract and utilize more foreign investment this year, as outlined in the Government Work Report submitted to the national legislature for deliberation on Sunday.
Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 14.5 percent year on year to 127.69 billion yuan in January, the Ministry of Commerce said Monday.
Foreign investment in China has increased since the country lifted its strict virus control measures. That shows the confidence foreign investors have in the Chinese market.
Various measures have been taken to boost the economy in different parts of China, The Paper reported on Wednesday.