Economic Watch: Upbeat foreign companies increase in China

BEIJING, June 24 (Xinhua) -- More and more foreign companies are increasing their investment in the gigantic market of the world's second-largest economy with optimism about the Chinese economic outlook on the rise.

In January, German luxury carmaker Audi AG launched pre-mass production at its first production base for purely electric vehicles in China.

In March, a Mercedes-Benz and BMW joint venture was