This year, China is wrapping up its 14th Five-Year Plan. And attracting foreign investment has been one of the priorities of the current five-year plan.  

In 2024, FDI into China was down by 27.1% year-on-year, reflecting concerns over weak consumer spending and global economic uncertainties.  

However, Beijing is taking decisive steps to reverse the trend, from increasing fiscal spending to opening up key industries.  

This year’s government work report set the fiscal deficit at 4% of GDP—the highest on record. That means big spending to boost the economy.  

This episode of China Xplained breaks down the latest policies and market shifts, featuring insights from business leaders and experts.  

With bold reforms in manufacturing and services, China is actively creating opportunities for foreign firms. Will these efforts reignite foreign investor confidence? Watch to find out.  

Reporter: Xie Hongzhou, Zhang Ruijun, Liu Xiaodi

Script: Xie Hongzhou

Cameramen: Deng Yingheng, Liang Zijian

Video: Deng Yingheng

Poster: Cai Junru

Editor: Yuan Zixiang, James, Ouyang Yan

Hu Nan and Dai Bosi also contributed to the story.