Today, the World Investment Report 2008 was released by the United Nations Conference on Trade and Development in Beijing; China continued to attract the largest foreign capital among the developing countries with the absorption of USD84b in 2007, ranked in the 6th of the world in foreign capital inflows.
Liang Guoyong, the UNCTAD Economic Affairs Officer, pointed out at the conference that the structure of China in foreign capital absorption had changed significantly; a substantial increase in the proportion of foreign capital had been shown in the service sector; the labor-intensive manufacturing in coastal areas had been transferred to the mainland and other countries; the low-end industries in China had been facing the challenges of other low-income Asian countries in absorbing investment.
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