BEIJING, August 5 (INP): A spokesperson of the Chinese Foreign Ministry Wang Wenbin said his country has been showing positive growth inspite of Corona epademi.

Since COVID-19 broke out, China has acted fast to bring the epidemic under control and resume work and production, he said in a statement he made at regular news briefing on Wednesday.

The statement said, "According to the data from the National Bureau of Statistics of China, the Chinese economy registered a 3.2 percent growth in the second quarter, making it the first major economy to report positive growth. 

China's manufacturing PMI stands at 51.1 in July, above the 50-point mark for the fifth consecutive month. There isn't and will not be mass evacuation of foreign investment and withdrawal of industrial and supply chains from China. 

On the contrary, thanks to the stable expectation of recovering Chinese economy, improving business environment, enormous market advantages and potential domestic demand, many foreign companies have been setting up operations in China at a faster pace and proactively expanding in China.

According to a recent questionnaire survey conducted by the Ministry of Commerce, 99.1% of foreign-funded enterprises indicated that they would continue to invest and operate in China. 

The US-China Business Council's recent survey of over 150 businesses also shows that China's steps to expand opening-up and optimize business environment have provided convenience to foreign companies in China and US companies remain optimistic about the Chinese market. 

The third China International Import Expo (CIIE) being prepared has seen more registrations from renowned companies compared to last year, and the average exhibition area of Fortune 500 and leading companies will be up by 14%, fully demonstrating global businesses' confidence in China's economic growth and prospects."

The spokesperson stressed that China stays committed to greater opening-up with the door of cooperation wide open. We believe China and other countries will together make the pie of win-win cooperation bigger and bigger.