my country’s investment increased by 8.4% in August, maintaining positive growth for five consecutive months.

The economic stabilization signal is more obvious

  □ With the continued effectiveness of various policies and measures, the restoration of major projects has accelerated, and the investment growth rate has picked up month by month.

Investment grew by 8.4% in August, maintaining positive growth for five consecutive months.

  □ Affected by rising factor costs and Sino-US economic and trade frictions, some companies, including foreign-funded companies, are adjusting their production layouts globally, which is a normal market behavior.

  On September 16, the National Development and Reform Commission held a regular press conference to respond to social concerns on hot topics in the current macroeconomic operation.

Talk about investment——

Is expected to continue to stabilize and improve

  Since the beginning of this year, the new crown pneumonia epidemic has caused a huge impact on my country's investment, and the growth rate of fixed asset investment across the country has dropped sharply.

In the first two months of this year, investment fell by as much as 24.5%.

In this context, all localities and departments have, in accordance with the decisions and deployment of the Party Central Committee, coordinated the promotion of epidemic prevention and control and economic and social development, increased efforts to make up for shortcomings, and actively performed the work of stabilizing investment.

  "As various policies and measures continue to show their effectiveness, the construction of major projects has accelerated and the investment growth rate has picked up month by month." Meng Wei, a spokesman for the National Development and Reform Commission, said that my country's investment increased by 4.8% in the second quarter, an increase of more than one. The quarterly increase was 20.9 percentage points.

The investment growth rate was 6.7% in July and 8.4% in August, maintaining positive growth for five consecutive months.

With the release of funds from the central budget, special bonds, and special anti-epidemic special treasury bonds, the start of projects and the availability of funds continue to improve, and investment is expected to continue to stabilize and improve.

  When answering a reporter’s question on "how to promote investment in the fourth quarter," Meng Wei said that the National Development and Reform Commission will continue to adhere to the principle of capital, land and other elements following the project, and take three measures to further give full play to the key role of investment.

  The first is to focus on the "two new and one heavy" areas to expand effective investment.

Speed ​​up the construction of new infrastructure such as 5G and integrated data centers, accelerate the construction of new urbanization focusing on the strengths and weaknesses of county urbanization, and accelerate the construction of major transportation, water conservancy and other major projects and logistics infrastructure; supervise and guide various localities Strengthen the reserve of major projects, strengthen land security for major construction projects, and promote the implementation of major projects as soon as possible.

  The second is to make good use of funds around improving the efficiency of fund use.

On the one hand, supervise and guide local governments to speed up the implementation of investment plans within the central budget and the progress of project construction, so as to form a physical workload as soon as possible; supervise local governments to speed up the issuance and use of special bonds, and bring out the benefits of special bonds as soon as possible.

On the other hand, plan as early as possible to make preparations for next year's special bond project.

  Third, pay more attention to mobilizing the enthusiasm of private investment.

"In the first eight months of this year, the decline in private investment has significantly narrowed. This is a positive sign." Meng Wei said that various policies and measures to stimulate the vitality of private investment should be further implemented, and the long-term mechanism for promoting projects to private capital should be further improved. , To further standardize, innovate and promote the PPP model.

At the same time, we will steadily advance the pilot of real estate investment trust funds (REITs) in the field of infrastructure, revitalize the stock of infrastructure assets, and fully mobilize the enthusiasm of private investment.

Say consumption-

New type of consumption potential, large space and wide space

  "Consumption is an important engine for economic development, and there is still great potential for the development of new types of consumption, and the space is still vast." Meng Wei said.

  Since the beginning of this year, consumption has been greatly impacted by the impact of the epidemic and has become one of the weak links in economic recovery.

At the same time, new consumption formats such as online shopping and online education have achieved contrarian growth, which not only effectively protects the daily needs of residents, but also becomes a new consumption hotspot.

  "In view of the rise of new consumer formats, in terms of policy arrangements, we focus on grasping the two key words of'expanding and improving quality' and'optimizing the environment'." Meng Wei said.

  The so-called expansion and quality improvement means to further expand the scope of new consumption and improve the quality of new consumption.

On the existing basis, it is necessary to further innovate contactless consumption models, promote online open courses, Internet diagnosis and treatment and other services, promote online and offline integration of fitness and tourism, and support physical businesses to develop online businesses.

At the same time, promote the expansion of Internet platform companies offline, encourage companies to expand their influence through online promotion, and drive on-site consumption.

  The so-called optimizing the environment is to continuously improve the "hard environment" and "soft environment" that promote new consumption, specifically including the improvement of new consumer infrastructure such as 5G networks and the Internet of Things, and accelerating the completion of infrastructure and public service shortcomings that restrict consumption development. Cultivate the construction of multi-level consumption centers, improve the commercial circulation infrastructure network, and establish a sound digital commodity circulation system.

At the same time, formulate and improve taxation, finance, social security, employment and other policies that promote new business models and new models to drive new consumption, simplify relevant license processing, deepen inclusive and prudential supervision, strengthen the construction of a consumer credit system, and create a safe and honest consumption environment.

  Cultivating and stimulating the potential of the domestic market and promoting the domestic cycle requires further tapping the growth potential of rural consumption.

The National Development and Reform Commission stated that it will strive to break the barriers to the flow of urban and rural elements by promoting the unified planning, construction, and management of urban and rural infrastructure and public service facilities; by improving the comprehensive level of e-commerce and express delivery into the countryside, efforts will be made to smooth the flow of industrial products to the countryside and agricultural products. Two-way circulation channels into cities; by complementing the shortcomings of cold chain logistics facilities for agricultural products, carry out the construction of the agricultural-business interconnected agricultural product supply chain, and strive to improve the modernization of agricultural product circulation.

Talking about foreign capital——

Utilization of foreign capital is generally better than expected

  Since the beginning of this year, affected by the epidemic, global cross-border direct investment has fallen sharply.

As my country has achieved significant results in the overall promotion of epidemic prevention and control and economic and social development, the use of foreign capital has gradually stabilized.

In the first eight months, my country's actual utilization of foreign capital was 89 billion US dollars, a year-on-year decrease of 0.3%. In particular, since April, the decline in foreign capital utilization has narrowed month by month, and the overall utilization of foreign capital has been better than expected.

  "Affected by factors such as changes in factor costs, increased trade frictions, and continued spread of the epidemic, it is normal market behavior for some companies to adjust their production layouts globally. In fact, most foreign capital continues to be optimistic about the development of the Chinese market." Meng Wei said .

  On September 9, the American Chamber of Commerce in Shanghai issued a report stating that 78.6% of the interviewed companies indicated that they would not transfer their investment in China, which was an increase of 5.1 percentage points from last year; on September 10, the European Union Chamber of Commerce in China issued a report stating that EU companies The overall investment situation in China is stable, with only 11% of the surveyed companies considering relocating or changing their investment plans, which is close to the lowest level in 10 years.

  The National Development and Reform Commission stated that these data further show that the confidence of foreign companies in investing and operating in China for a long time has not changed.

The next step will be to further deepen the opening up and continue to optimize the investment environment to stabilize foreign businessmen’s confidence in long-term development in China.

  On the one hand, continue to implement the negative list and expand the catalog of industries that encourage foreign investment.

It is reported that the 2020 version of the negative list of foreign investment access has further reduced the scope of restrictions and increased the level of openness in the service industry, manufacturing, and agriculture. The new version of the foreign investment industry catalog further expands the scope of encouragement of foreign investment and enables foreign investment projects in more fields. Enjoy relevant preferential policies.

  On the other hand, by cleaning up, amending, and abolishing regulations and normative documents that are inconsistent with the "Foreign Investment Law", continuously optimize the foreign investment environment to ensure that foreign investment promotion, protection, management and other regulations can be better detailed Landing.

  "In addition, in response to prominent travel problems reported by foreign-funded enterprises during the epidemic, the National Development and Reform Commission has established a charter mechanism for foreign personnel in major foreign-funded projects to come to China. Up to now, more than 10,000 foreign personnel have chartered in and out of China through this mechanism. "Meng Wei said that in the follow-up, we will continue to coordinate and resolve outstanding problems in the implementation of foreign-funded projects.

At the same time, we will promptly improve the coordination mechanism for major foreign-funded projects at the local level, strengthen the reserve of follow-up projects, and use major foreign-funded projects as an example to improve the service level of foreign-funded projects.

(Reporter Gu Yang)