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Foreign firms in China grow 7% to 35,000
The China Market Supervision Agency announced that during the first half of 2026, approximately 35,000 new foreign-invested companies were launched in China, representing a 7% increase compared to the same period of the previous year. Major provinces such as Hainan experienced significant growth in the number of new companies, with an increase of 38.6%. The consumer sectors, including health and social work, saw a 27.1% rise in foreign investments, alongside a 33.2% increase in foreign company investments in high-tech industries. The Chinese government's plan, issued in June, aims to boost foreign investment, particularly in the service sectors, improve market access, and ensure fair participation of foreign companies in government procurement processes.
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