Wang Shouwen, Vice Minister of China's Ministry of Commerce: Let more foreign companies share China's opportunities
China News Service, Xiamen, September 8 (Reporter Long Min Yang Fushan) Wang Shouwen, Vice Minister of Commerce of China and Deputy Representative of International Trade Negotiations, said on the 8th that more foreign-funded enterprises will share the Chinese market and opportunities in China.
On the same day, the world's largest investment exhibition-China International Investment and Trade Fair ("CIFIT") and Alibaba Group jointly created the "Cloud Investment and Trade Fair" on-line ceremony held by the Beijing and Xiamen venues through a video connection .
Wang Shouwen made the above remarks in a speech at the launch ceremony of the "Yunshang Investment and Trade Fair".
Wang Shouwen pointed out that since the beginning of this year, the global pandemic of the new crown pneumonia epidemic has accelerated the world's major changes unseen in a century.
The world economy is sluggish, protectionism and unilateralism are on the rise, global market demand is insufficient, and international investment cooperation is facing a complex and severe situation.
The Ministry of Commerce of the People’s Republic of China has stepped up efforts to promote the implementation of various policies and measures, resolutely stabilize the basic market for foreign investment and foreign investment, create new advantages in international cooperation and competition with a high-level opening to the outside world, and promote the formation of a new domestic and international double cycle that promotes each other. Development pattern.
In June of this year, the "Overall Plan for the Construction of Hainan Free Trade Port" was released, further leading the development of a higher-level and higher-level open economy; in 2020, the foreign investment negative list will be released, and the number of negative lists will be further reduced from 40 to 33. The opening up of finance, education, agriculture and other fields.
In August, the "Measures for Complaints by Foreign-invested Enterprises" was promulgated to increase efforts to protect the legitimate rights and interests of foreign investment.
Wang Shouwen revealed that, at present, the Ministry of Commerce is accelerating the revision of the catalog of industries that encourage foreign investment, and will greatly increase the encouraged items to support more foreign-funded enterprises to enjoy relevant tax policies.
In response to the current concerns of many business people about the impact of the global industrial chain supply chain due to non-economic factors, Wang Shouwen made it clear that as the competent authority to attract foreign investment, it will continue to implement the negative list of foreign investment access and expand the scope of encouraging foreign investment. Let more foreign-funded enterprises share the Chinese market and China's opportunities; will further establish and improve the foreign investment service system to help solve difficult problems; will further implement the "Foreign Investment Law" and supporting regulations to create a stable, fair, transparent, and predictable business environment .
"What we hope is that foreign businessmen can operate in China with peace of mind and achieve long-term and stable development." Wang Shouwen said.
Since the beginning of this year, the growth rate of China's absorption of foreign capital has turned from "negative" to "positive", which is generally better than expected. According to Wang Shouwen, China's actual use of foreign capital was 535.65 billion yuan in the first seven months, a year-on-year increase of 0.5%, and a number of major foreign investment projects accelerated. Among them, in July, the actual use of foreign capital increased by 15.8% year-on-year, and it was the fourth consecutive month to achieve a positive growth in foreign investment in a single month. (Finish)