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The dividend of China's market opening has accelerated the release of foreign investment confidence

Update time:2021/5/18 Number of page views: 3465

Recently, the Ministry of Commerce released data show that from January to April this year, the country's newly established foreign investment enterprises 14,533, an increase of 50.2 percent, an increase of 11 percent over the same period in 2019.5%;The actual amount of foreign capital used is 3970.700 million yuan, an increase of 38 percent year-on-year.6%(折合590.$400 million, an increase of 42 percent.8%), an increase of 30% over the same period in 2019.1%。

The reporter compared the data and found that in April alone, there were 4,270 newly established foreign-invested enterprises in the country。In the context of the global economic downturn, the Chinese market has become a "safe haven" and "gathering place" of international capital。This also fully demonstrates the high recognition and strong confidence of foreign investors in China's governance capabilities。

On May 13, at a symposium of foreign enterprises in the pharmaceutical industry held by the Ministry of Commerce, Minister of Commerce Wang Wentao said that since the outbreak of COVID-19, the majority of foreign enterprises have taken the initiative to fulfill their social responsibilities, participated in and supported China's epidemic prevention and control in different ways, and made positive contributions。Foreign-funded enterprises have also fully shared the opportunities and dividends of China's development and achieved their own development。During the 14th Five-Year Plan period, China will accelerate the construction of a new development pattern with the domestic cycle as the main body and the domestic and international cycles reinforcing each other, providing broader development opportunities for foreign-funded enterprises。In recent years,The Chinese government continues to promote a high level of opening-up,We will continue to expand market access,Continue to build an open platform,We will continue to improve the legal system for foreign investment,We will continue to strengthen policies to keep foreign investment stable,We will continue to promote liberalization and facilitation of international investment,Insist on "integration" into the global economic system,We will strive to create a better business environment for foreign companies to invest and operate in China。

As can be seen from the data of the first four months, China's absorption of foreign investment is increasing in quantity while improving in quality。From the perspective of industry, the actual use of foreign capital in the service industry was 3,129.400 million yuan, an increase of 46 percent year-on-year.8%;High-tech industries grew 29.Among them, high-tech services grew by 34% and high-tech manufacturing by 15%.4%。From the point of origin, the actual investment of the countries along the "Belt and Road", ASEAN and the EU increased by 62 percent year-on-year respectively.8%、65.2%、9.2% (including investment data through Freeport)。In terms of regional distribution, the actual use of foreign capital in China's eastern, central and western regions increased by 39 percent respectively.1%、37.5%和30.3%。

习近平主席在今年4月博鳌亚洲论坛年会开幕式上表示,中国将推动建设更高水平开放型经济新体制。Wang Shouwen, Vice minister of Commerce and deputy representative of international trade negotiations, said recently that this shows China's confidence and determination to unswervingly expand opening-up, and points out the direction for the work of the Ministry of Commerce。Accelerating the building of a new pattern of development is not an "inner cycle" of self-isolation and self-sufficiency, but a "double cycle" built on a higher level of opening-up.。China will further reduce the negative list for foreign investment access, promote orderly opening up of the service sector, actively promote the negotiation and implementation of multilateral, bilateral and regional free trade agreements, and create more cooperation opportunities for enterprises of all countries。China continues to improve its legal system for foreign investment, strengthen policies to stabilize foreign investment, and further foster a market-oriented and law-based international business environment。

According to the White Paper on US Businesses in China released by the American Chamber of Commerce in China, about half of US companies believe that the investment environment in China is improving.About two-thirds of US companies view China as a priority market and plan to increase their investment in China in 2021。Said Gary Gregory, chairman of the board of the American Chamber of Commerce in China,China has made positive progress in improving the business environment, strengthening the protection of intellectual property rights and opening up the financial sector,Member companies are full of expectations for predictable US-China relations and equal participation in the construction of the "double cycle",It is hoped that the US and China will rebuild the communication mechanism,Close exchanges at all levels,And strengthen cooperation in public health, climate change and other fields,Achieve mutual benefit and win-win results。

"From the perspective of international factors, China's excellent epidemic prevention and control work last year has enhanced the confidence of foreign investors and promoted the growth of foreign investment。From the perspective of domestic factors, thanks to the establishment of a new development pattern in China, the policy dividends brought by institutional opening-up have gradually emerged。The introduction of the negative list, the encouragement catalogue, and the expansion of the pilot free trade Zone have further promoted China's investment and trade facilitation。Zhao Beiwen, deputy director of the Institute of World Economy of the Shanghai Academy of Social Sciences, told reporters,From the perspective of China's development direction of expanding the opening up of the service sector and continuously absorbing foreign investment,It is not only necessary to further stabilize the confidence of overseas investors,We will continue to improve the investment environment,We should also take the initiative to align international economic and trade rules,We will strengthen protection of intellectual property rights and promote green investment,To maintain the steady and sustainable development of foreign investment,We will promote coordinated development of two-way investment。


(Article from International Business Daily)


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