David Friesen

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In shift from manufacturing, China lures foreign investment in red-hot services sector

Known primarily as a hub of manufacturing, China has diversified into other sectors in an effort to maintain the country’s strong GDP growth and attract further investment. Whereas factories were once the focus of foreign direct investment (FDI) flows, services and people-focused sectors are now attracting greater attention from overseas investors.

7 May 2015 - 10:33AM

Known primarily as a hub of manufacturing, China has diversified into other sectors in an effort to maintain the country’s strong GDP growth and attract further investment. Whereas factories were once the focus of foreign direct investment (FDI) flows, services and people-focused sectors are now attracting greater attention from overseas investors.

In shift from manufacturing, China lures foreign investment in red-hot services sector