'Investing in China is investing in our future'
China DailyVisitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. And that 'investing in China is investing in our future'," Jean-Paul Agon, chairman of L'Oréal Group, told me during the seventh China International Import Expo in Shanghai last month. Furthermore, China's outbound direct investment reached $177.29 billion, accounting for 11.4 percent of the global total and ranking among the top three in the world for the 12th consecutive year, the MOC added. From the China International Import Expo to the China International Fair for Trade in Services, from the development of free trade zones to the building of Hainan Free Trade Port, and from signing the Regional Comprehensive Economic Partnership agreement to promoting accession into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the Digital Economy Partnership Agreement, China has taken consistent steps to further open up its economy.