File photo taken on Sept. 23, 2016 shows people working at a BYD electric vehicle plant in Lancaster, California, the United States. Chinese carmaker BYD's coach and bus vehicle plant in Lancaster, which covers eight thousand square meters and is able to deliver three hundred zero-emission vehicles every year, has already employed more than three hundred people for production and customer service. BYD announced in September 2016 that it would expand its electric vehicle plant in the U.S. city of Lancaster in southern California, tripling the size of its facility, employment and production capability in next three years. Foreign Direct Investment (FDI) between China and United States reached an all-time high of 60 billion U.S. dollars in 2016, according to a recent report, which said the figure has elevated the importance of two-way FDI in the two countries' economic relationship. The report, "Two-Way Street: 2017 Update," which was jointly released by the Rhodium Group and the National Committee on U.S.-China Relations on Wednesday, also showed the cumulative value of U.S. FDI in China since 1990 has exceeded 240 billion dollars, while Chinese companies have invested a total of 110 billion dollars in the United States during the same period. (Xinhua/Zhang Chaoqun)
