Foreign enterprises eye business expansion in China despite pandemic

Many foreign companies in the city of Xiamen, a coastal business hub in east China's Fujian Province have voiced confidence in the Chinese economy and continued to expand businesses in the country despite the impact of the COVID-19 pandemic.

Meyra, headquartered in Germany, is one of the world's best-known brands of wheelchairs and rehabilitation aids.

As one of its subsidiaries, Alu Rehab Xiamen Ltd. said the company has benefited a lot from the preferential policies delivered by the local government.

Electric Glass (Xiamen) Co., Ltd. is one of the leading manufacturers and suppliers of liquid crystal glass blocks.

In the past eight years, its total investment in China has reached more than 7 billion yuan (970 million U.S. dollars).

According to the Ministry of Commerce of China, foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 15.6 percent year on year to 1.00376 trillion yuan (139.7 billion U.S. dollars) in the first nine months of the year.

Produced by Xinhua Global Service