China's two-way investment continues to grow, with industries accelerating their integration into the global market.

On February 3, the "China Two-Way Investment Report 2025" (hereinafter referred to as the "Report"), jointly compiled by the Organizing Committee of the China International Fair for Investment and Trade, the Information Center of the Development Research Center of the State Council, and the Department of Foreign Economic Research of the Development Research Center of the State Council, was released in Beijing. The Report points out that China has long remained a key investment destination for global investors, providing multinational corporations with a vast market, robust industrial and supply chains, technological innovation ecosystems, and other strong support for their international operations and development.

Data from the Ministry of Commerce shows that China's two-way investment space continues to expand in 2025. Throughout the year, over 70,000 new foreign-invested enterprises were established, representing a 19.1% increase, with utilized foreign capital reaching 747.69 billion yuan, of which high-tech industries accounted for 32.3% of the total. In terms of outbound investment, non-financial outward direct investment amounted to 1 trillion yuan, growing by 1.6%, while newly signed contracts for overseas contracted projects reached 2.1 trillion yuan, an increase of 8.5%.

Regarding attracting and utilizing foreign investment, the Report notes that China's comprehensive advantages in supply chains, market size, and policies have long provided multinational corporations with a favorable investment environment for achieving high returns, leading to significant developmental achievements for multinational companies operating in China.

Wan Zhe, a researcher at Beijing Normal University's Belt and Road School, stated, China continues to maintain strong attractiveness for foreign investment, not only due to its massive market and efficient, complete industrial and supply chains but also because the country is increasingly leading in various technological innovation fields. Coupled with a substantial talent pool and梯队, as well as high-level institutional openness, China holds immense appeal for high-end industries, which is expected to grow rather than diminish for a long time to come.

From the perspective of China's outbound investment, Wang Zhixuan, Director of the Belt and Road Financial Development Research Center at Xiamen National Accounting Institute, believes that for many Chinese enterprises, "going global" is currently a vital pathway for survival and development.

"It is essential to expand overseas in a reasonable and compliant manner, achieving rational布局 of industrial and supply chains. A comprehensive service and support system built by the government, associations, intermediaries, and legal institutions is providing guidance and assistance to enterprises. Companies should avoid engaging in saturated and excessive competition abroad. The government, meanwhile, needs to encourage上下游 industries to 'group together' and collectively go global. Overseas industrial parks established by China can play a positive role in fostering a favorable industrial ecosystem and business environment," Wang Zhixuan said.

Chai Haitao, an expert at the National High-End Think Tank of the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce, emphasized that in expanding the space for two-way investment cooperation, efforts should focus on "stabilizing, promoting excellence, improving quality," enhancing the external environment, broadening the circle of investment cooperation partners, and seizing new opportunities in future industries.