News Snapshot:
The Ministry of Commerce (MOFCOM) (Photo: VCG) China is accelerating the introduction of new measures, including a revision of an industry catalog and a number of influential investment fairs, to stabilize foreign investment, the Ministry of Commerce (MOFCOM) said on Tuesday, noting that China remains an attractive destination for global investment contrary to "capital outflow" rumors hyped by foreign media. China will accelerate the revision of the industry catalog to include more high-tech industries, in which foreign investments would be encouraged, as part of new measures to stabilize foreign investment, according to an official from the MOFCOM. The revised version...
