FDI will help further improve the industrial and supply chains while improving the business environment for foreign investors, the plan document was cited as saying by Chinese media reports.
China should rank among the top destinations globally in terms of the scale of FDI use and its position as a major country in FDI use should remain steady, it said.
The structure of FDI use should improve and the interaction of FDI with outbound direct investment, foreign trade and domestic consumption should grow during the period, the plan said.
In the 13th Five-Year Plan period, China used $698.9 billion worth FDI, up by 10.4 per cent from the 12th Five-Year Plan period and setting a record high for the country.
ALCHEMPro News Desk (DS)
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