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Levy attributed the negative GDP results to a number of factors, including a water crisis in the country's southeastern region, adding that many obstacles had been overcome since the beginning of 2015.
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Rather than being at the crest of a supposed wave of businesses leaving China, Dongguan saw fewer foreign firms close in 2015 than in any year since 2008, said Fang Jianbo,Nike Air Force 1 Low Womens Australia, deputy director of the city's bureau of commerce.
To better secure their market share in the world's second-largest economy, multinational firms are resolute in seeking ways to revamp themselves to keep pace with China's ongoing reform and rapid growth.
For the whole Chinese market, foreign investment inflow in 2015 climbed 6.
Multinational giants are stepping up, instead of slowing down, their pace of expansion in China, with Volkswagen, Intel, Samsung and many other Fortune Global 500 companies having each newly invested over 100 million U. in places such as the Mediterranean.