(Fighting against New Coronary Pneumonia) In the first quarter, foreign investors increased their net holdings of Chinese bonds by US $ 16.7 billion, a year-on-year increase of 48%
China News Service, Beijing, April 17 (Xia Bin): China ’s State Administration of Foreign Exchange spokesperson and chief economist Wang Chunying revealed at a press conference in Beijing on the 17th that in the first quarter of this year, foreign investors increased their net holdings of Chinese bonds by US $ 16.7 billion. The year-on-year increase reached 48%.
Wang Chunying said that foreign direct investment in China is generally stable and the structure is optimized. According to the statistics of the Ministry of Commerce, the actual use of foreign capital by the non-financial sector in the first quarter of this year was US $ 31.2 billion, although the year-on-year decrease, the actual use of foreign capital in the high-tech service industry is still growing rapidly, indicating that foreign investors have seen opportunity.
Wang Chunying pointed out that under external shocks, the overseas capital of the stock market fluctuated slightly within a short period within a reasonable range. In the first quarter, the global stock market generally fell, and market risk aversion increased. Therefore, under the situation of tight liquidity of the US dollar, it is normal for some foreign investors to reduce their investment in the stock market.
From the perspective of direct investment, Wang Chunying said that global FDI (foreign direct investment) has been declining continuously in the past four years. Against this background, China's scale of foreign investment utilization has not declined but has risen against the trend. It has always been the second largest foreign investment country in the world. . "This reflects the long-term strong interest of foreign investors investing in China."
She also added that compared with the global stock market performance, China's stock market is relatively volatile. In the first quarter, the Dow Jones Industrial Index fell 23%, and the Shanghai Composite Index fluctuated within 10%. "Therefore, the Chinese market is very attractive to foreign investors from the perspectives of direct investment, bond investment and stock investment. We always welcome foreign investors to invest in China and share China ’s economic development. Bonus. "(End)