China News Service, May 5 (Reuters). According to data released by the Organisation for Economic Cooperation and Development on April 30, 2020, global foreign direct investment (FDI) has fallen to a 15-year low, and China is one of the few to maintain One of the major growth economies, surpassing the United States to become the world's largest investment destination.

  According to reports, OECD data show that as the new crown epidemic has caused severe damage to the global economy, the scale of global FDI in 2020 will drop by 38% to 846 billion U.S. dollars, the lowest level since 2005.

Data map: On October 30, 2020, the 2nd China-Korea Trade and Investment Expo with the theme of "Unblocked Industrial Cycle, Cooperation and Win-Win" was held in Yancheng City, Jiangsu Province. More than 300 companies participated in the exhibition, attracting nearly 500 domestic and foreign companies. Buyers and more than a thousand professional visitors.

  According to reports, in 2020, China will surpass the United States to become the world's largest foreign capital inflow country, and many economic sectors in the United States will be closed due to the new crown epidemic.

  The report pointed out that FDI will only account for 1% of global GDP in 2020, which is the lowest level since 1999.

According to the OECD, the recovery of cross-border M&A activities in the second half of 2020 and so far in 2021 may promote a rebound in FDI in 2021.

  In addition, according to the previous analysis of the Wall Street Journal, the United States is unable to contain the spread of the new crown virus, and economic output has fallen sharply.

The investment figures for 2020 highlight that China is moving towards a long-term position as a global economic center dominated by the United States.

During the epidemic, China consolidated its position as the world's factory and expanded its share of global trade.