Long Guoqiang, a senior researcher with the Development Research Centre, a think-tank of the State Council, said he based his optimism on the big upswing of contracted foreign direct investments last year. He said many analysts consider China a rare bright spot in an otherwise gloomy outlook for world economic growth this year. International organizations have lowered their anticipation of world economic growth to about 1 per cent from an earlier 3 per cent projection. But China's growth rate is still expected to hit 7.5 per cent this year. China's pending entry into the World Trade Organization is also expected to boost investors' confidence in the market.
China remains the second most popular country for foreign investors behind the United States.