Globalization Opening-Up: China and Deputy Director

globalization opening-up: According to the NBS data, China's non-financial FDI reached 120.5 billion in 2018, up from 2.7 billion in 1981, according to Global Times China. Meanwhile, China's use of overseas direct investment surged from 920 million in 1981 to 138.3 billion in 2018. The statistics reflect China's insistence on globalization and opening-up in the past several decades, one expert commented on the figures published on Qiushi, a journal run by China's Communist Party. China's history of reform and opening-up is also a history of using overseas capital. On the other hand, overseas capital has managed to share the dividends of China's super-fast economic growth in the past 40 years by investing in the country, Wang Jun, deputy director of the Department of Information at the China Center for International Economic Exchanges, told the Global Times on Sunday. On the one hand, China introduced overseas capital to fill its gaps in funding for basic construction. (news.financializer.com). As reported in the news.