Skip to content
ional Committee, political advisers submitted 5,113 proposals, covering a wide range of topics that included econom
ics, politics, culture, social development and environmental protection, officials said. Among them, 3,
859 were formally filed and will be forwarded to relevant authorities for handling.
This year, economic issues and social affairs drew more attention from the political advisers during the two sessi
ons, with 1,484 proposals and 1,336 proposals falling in the two categories respectively, officials said.
Some of the typical proposals on economic issues dealt with such matters as preventing financial risks, supporting the
private economy, developing a high-quality manufacturing sector and shoring up market confidence.
factor in Chinese outbound investments in 2018. “If you are a company where real estate and property development is your ma
in line of business I think you will have a better chance of getting your foreign investment approved,” he said.
Despite the decline in Chinese investment, the US commercial real estate markets weathered the loss of capi
tal well. Because New York and San Francisco receive two-thirds of every Chinese investment dollar according to the
report, the effect of the falloff was limited, according to Barry Hersh, a real estate professor at New York University.
Overall, China fell to third in total foreign investment in American real estate behind Cana
da and Singapore, according to the report. Bitner said other sources of capital stepped in to fill the void. “Capital fro
m Canada, Singapore, Japan and South Korea is coming into the US market,” he said.