China is to direct more foreign capital to high-tech and green industries, according to an official from the National Development and Reform Commission (NDRC).

China recently unveiled a new list of 13 major foreign-funded projects with a planned investment of 13.4 billion U.S. dollars.

The new batch of projects is mainly in the manufacturing sector, including electronics, chemicals, automobiles and electrical machinery, aiming to accelerate the development of industrial clusters.

"We will focus on the service sector to expand market access and openness, striving to cultivate new advantages in attracting foreign investment. We will effectively implement the newly revised Catalogue of Encouraged Industries for Foreign Investment, directing more foreign capital toward advanced manufacturing, modern services, high and new technology, energy conservation and environmental protection," said Jing Qin, deputy director-general of the NDRC department of foreign investment.

For the first time this year, logistics projects have been included in China's list of major foreign investment projects.

The country continued to support the research and development projects in fields such as biomedicine and aims to push for a deep integration of advanced manufacturing and modern services.

The demonstration effect of major foreign investment projects will drive more small- and medium-sized projects to follow suit, promoting collaboration across the entire industrial chain, Jing said.

The newly released major foreign-funded projects are concentrated in high-level city clusters such as the Yangtze River Delta, the Pearl River Delta and the Beijing-Tianjin-Hebei region.

Relying on mature industrial support and an optimized business environment, many of them have already started construction immediately upon landing.

In addition, the investment entities are more diversified, with projects originating from multiple countries in Europe and Asia, demonstrating that the global attractiveness of the Chinese market remains stable.

"Shenzhen is doing very well in green tech, new energy vehicles supply chain. This is obviously also been a place where European companies have chosen to come and look for opportunities. Now we also see the integration of the Greater Bay Area that we will see exciting new opportunities. European companies are following that closely to see what the opportunities might be for them here," said Jens Eskelund, President of the European Union Chamber of Commerce in China.