China's growing appeal to foreign investors can be attributed to a combination of favorable macroeconomic conditions, a robust domestic market, and a strong emphasis on innovation—all of which have contributed to an increasingly attractive investment environment
Today, private companies account for more than 92 percent of the total number of enterprises in China, contributes more than 50 percent of the country's tax revenue and over 60 percent of the national GDP. They also provide over 80 percent of urban jobs
Chinese authorities have introduced an action plan for expanding high-standard opening up and ensuring foreign investment stability, to improve expectations of foreign-funded enterprises seeking expansion in China
Ma Jishen was excited to see Bayer, the German healthcare and agribusiness giant, achieve the designed production capacity in just over a month at its new factory, where he serves as director