Hey amigos! 🌟 Did you hear the buzz? Asia is totally the place to be for global investors right now! 💰✨ On Tuesday, at a super important forum, experts shared some exciting news about how Asia is rocking the investment scene. Let's dive in! 🏄♂️
So, what's the big deal? Asia is attracting massive global investments, brimming with potential for economic growth and cool new industries. 🚀 According to the Boao Forum for Asia (BFA) happening from March 26 to 29 in Boao, south China's Hainan Province, the region is setting the stage for a bright future. 🌅
Shamshad Akhtar, a former under-secretary-general of the United Nations and member of the BFA Council of Advisors, spilled the tea ☕ on why Asia is so attractive. She says regions that promote fair market competition, sustainable development, and respect the rule of law are the real MVPs for foreign direct investment (FDI). 💼🌏
She also gave a shout-out 📣 to China's Belt and Road Initiative, calling it a game-changer for the Asia-Pacific region. It's helping less developed countries get a fair shot at growth, leveling up trade opportunities and influence. 🎮🌐
Charles Dallara, chairman and advisory partner at Partners Group USA, weighed in too. He believes Asia remains a dynamic and attractive hotspot for investment, especially FDI. 🔥 He pointed out that investors are eyeing factors like how open a country is, protection of intellectual property rights, and regulatory stability before making moves. 👀💰
Tokiko Shimizu, executive director of the Bank of Japan, highlighted that with solid foreign exchange reserves and strong financial markets, Asian countries are better equipped than ever to handle global economic storms. ⛈️💪
But that's not all! Zhou Mi, a senior research fellow at the Chinese Academy of International Trade and Economic Cooperation, shared that one of Asia's secret weapons is the close cooperation and strong supply chains between countries. 🤝🔗 \"We can solve complex problems that require collaboration in a short time,\" he said. 🧩⏱️
He also mentioned that Asia's huge population and massive market growth make it super attractive for foreign investors. \"Foreign investors' confidence in China comes from the country's stable business environment, large market size, industrial and technological strengths, and support for innovation,\" Zhou added. 🏭💡
FYI, in August 2023, China rolled out guidelines to make the investment environment even better and attract more foreign investment. 📝🏦 These include 24 points across six areas, aiming to improve the quality of foreign capital use and strengthen protection for foreign investors.
Chinese Commerce Minister Wang Wentao shared in January that over 60% of these measures are already in action, and more than 90% of foreign-funded enterprises are giving positive feedback. 👍🌟
So, if you're into business, economics, or just curious about global trends, keep an eye on Asia! 👀 It's the place where exciting things are happening, and who knows, maybe you'll be part of it someday! 🌏🚀
Reference(s):
Asia remains a dynamic, attractive destination for global capital
cgtn.com
