Chinese officials vow to stop decline in foreign investment

Action plan released as FDI fell further in January

250220 China FDI fall

A drone view shows containers and cargo ships at a port in Anhui province, China. U.S. President Donald Trump said Thursday that he is considering a new trade deal with China. (China Daily via Reuters)

WATARU SUZUKI

SHANGHAI -- Chinese officials on Thursday vowed to step up efforts to attract foreign direct investment as tensions with the U.S. threaten to accelerate the exit of factories and research centers owned by multinational companies.

China's cabinet, the State Council, recently approved a 20-point action plan to stabilize investment from abroad. Easing restrictions in the telecommunications, medical care and education sectors are among the measures.

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