China's Tianjin notches double-digit growth in actual use of foreign investment

TIANJIN -- The actual use of foreign investment in north China's Tianjin municipality increased 10.4 percent year on year to $5.95 billion in 2022, the Tianjin municipal bureau of commerce said Friday.

For the second year running, Tianjin delivered double-digit growth in the actual use of foreign investment, the bureau added.

For 2023, the growth target has been set at 10 percent.

To this end, Tianjin is planning a raft of measures, including organizing overseas trips to attract investment, and dialogues between the municipal government and foreign-invested enterprises in Tianjin, according to Sun Jiannan, director of the commerce bureau.