[Explanation] On September 17, the Ministry of Commerce held a regular press conference. The spokesperson of the Ministry of Commerce Gao Feng said that in August, China’s actual use of foreign capital was 84.13 billion yuan, an increase of 18.7% year-on-year. The monthly increase in the amount of foreign investment absorbed fully shows that China's economy is resilient and has great potential, and its attractiveness to foreign investment has only increased.

　　[Concurrent] Gao Feng, spokesperson of the Ministry of Commerce

　　With the current global transnational direct investment still in a severe downturn, my country's actual use of foreign capital has achieved growth against the trend, and the results have not come easily.

At the same time, it also fully demonstrates that China's economy has strong resilience and great potential, and its attraction to foreign investment has only increased.

In the next step, we will continue to devote ourselves to creating a market-oriented, rule-of-law and international business environment, continue to improve services for foreign-funded enterprises and foreign investors, and continue to expand the level of market opening so that global investors can share China’s development opportunities. To achieve mutual benefit and win-win results.

　　[Explanation] In addition, when talking about the 2020 National Consumption Promotion Month related activities launched on September 9, Gao Feng said that the event has attracted the active participation of more than 100,000 companies in 179 key cities in China’s provinces, autonomous regions and municipalities. The positive response from Wanjia physical stores and online merchants.

As of September 16, more than 1,400 consumption promotion activities have been carried out in various regions.

　　[Concurrent] Gao Feng, spokesperson of the Ministry of Commerce

　　Many large e-commerce platforms will launch promotional activities during the Mid-Autumn Festival and National Day, such as festival coupons and Mid-Autumn Food Festival.

Some communication operators will issue 5G consumer coupons on a large scale, and many e-commerce shopping and payment platforms plan to launch tens of billions of consumer coupons and consumer subsidies.

China UnionPay and local governments issued 1 billion consumer vouchers.

There are also many e-commerce companies that carry out promotional activities such as consumer poverty alleviation and agricultural assistance, and promotion of time-honored products.

Some key takeaway platforms actively promote "small portions" or carry out "zero food waste" actions; some online car-hailing platforms provide personalized travel discounts; many e-commerce companies will also provide subsidies to encourage green smart products to trade in.

　　[Explanation] Gao Feng said that during the Mid-Autumn Festival and National Day holidays, major participating companies will also carry out more than 1,300 consumer promotion activities involving upstream and downstream, production, supply and marketing, and domestic and foreign trade companies, including foreign trade exports to domestic sales, time-honored national tides, and agricultural poverty alleviation. Consumption and so on, so that consumers can truly enjoy the benefits.

Editor in charge: [Wang Kai]