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MOFCOM: China a favored destination for investment


09-20-2016 11:25 BJT

China's Ministry of Commerce, MOFCOM, has said that the country continues to hold the status of being a major destination for foreign investment. The Ministry also noted that the consumer market saw stable development in August, with Internet retail and leisure retail doing well.

MOFCOM said that China's support policy on trade is taking effect, evidenced by the fact that the drop in trade continues to narrow. The Ministry added that the country is gaining fresh momentum, and the trade sector is continuing to stabilize in an upward trend.

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