In particular, China, the world's most populous country, is making every effort to ensure grain supply amid growing uncertainties in global food security.
Nowadays, the global economy faces various challenges, and China has offered solid support related to raw materials, production capacity, logistics, and sales for both domestic and foreign companies. By strengthening the resilience of industrial and supply chains, China has helped ease the inflation pressure globally.
Meanwhile, China's determination to open up further to the outside world remains unwavering, providing enormous opportunities for the rest of the world. The Belt and Road Initiative, the Regional Comprehensive Economic Partnership, the pilot Free Trade Zone and other major institutional innovations have injected impetus and vitality into the high-quality development of foreign trade.
The country has also continued widening market access and shortening the negative list for foreign investment. It has put into force the Foreign Investment Law, which took effect on the first day of 2020, to protect foreign investors' legitimate rights and interests.
Backed by these endeavors, China has retained its strong appeal to foreign businesses despite gloomy investment sentiment around the globe. Foreign direct investment in the Chinese mainland, in actual use, went up 17.4 percent year on year to $168.34 billion in the first 10 months, official data showed.
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