China's foreign direct investment makes it major global player, UN official says

China will be at the center of the developing global framework of investment governance, with the world's second-largest economy set to become a net exporter of investment, an official of the United Nations Conference on Trade and Development told China Daily on Monday.

"From the turbulence of the past six years, it's evident that the globe needs a framework of investment governance. We have institutions for financial governance and economic governance, but there is no international infrastructure for investment governance.