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China to support foreign investors more in 2017


12-29-2016 16:25 BJT

The Ministry of Commerce said Thursday that the US Fed's rate hike hasn't caused an obvious impact on China's foreign trade and foreign direct investment. The ministry also said that the Chinese yuan appreciated marginally against a basket of currencies after the rate increase.

The ministry says China's huge market would provide more opportunities for foreign investors, and the country will support foreign investors more in 2017. Meanwhile, the ministry says China has been urging the US to be more transparent on its "notorious marketplaces" list, and to be fair and objective when assessing Chinese companies. The Office of the US Trade Representative last week returned Chinese e-commerce giant Alibaba to its blacklist of "notorious marketplaces."

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