Foreign investors' confidence in China is on the rise. The country improved its ranking as an attractive destination to invest over the next three years, jumping to the third place from the seventh in 2023, and continuing to lead emerging markets, according to a report released by Kearney on Monday. The report aims to understand global investors' views on future flows of foreign direct investment (FDI).
Analysts said that such a level of confidence showed that global investors are optimistic about China's economic prospects, as several indicators have exceeded expectations since the beginning of 2024.
They said that the report shows that global enterprises do not follow the US policy to suppress China and they have begun to actively invest in the China market, whose potential is huge and obvious.
Emerging-market performances have improved markedly overall in 2024, with China jumping four spots to the third position, according to the 2024 Kearney Foreign Direct Investment Confidence Index (FDICI) report released on Monday by Kearney, a global management consulting firm.
China's FDICI stands at 2,210, which is close to Canada's second-place ranking of 2,235. The US remained the top FDI destination, with an index of 2,340, the report said.
