Economic Watch: Foreign enterprises tap into China's evolving market

BEIJING, June 4 (Xinhua) -- Foreign investors are intensifying their presence in China by opening new stores, launching innovative products, signing more cooperation contracts, and building production plants and R&D centers.

In the first four months of 2024, the number of newly established foreign-invested enterprises in China rose 19.2 percent year on year to 16,805, data from the Ministry of Commerce shows.