Ministry of Commerce: Utilizing foreign capital this year still faces greater pressure

　　China News Service, April 29, Ministry of Commerce spokesperson Gao Feng said on the 29th that the current global epidemic and the international environment are complex and severe, cross-border investment continues to be sluggish, cross-border personnel flow is not smooth, investment promotion activities are blocked, and new uncertainties lie Increase, this year's work on the use of foreign capital still faces greater pressure.

　　At a regular press conference of the Ministry of Commerce on the 29th, a reporter asked: In the first quarter of this year, foreign-invested enterprises were newly established nationwide, a year-on-year increase of 47.8%, and even a 6.7% increase over the same period in 2019.

What is the reason?

Does it mean that China's business environment is improving?

　　Gao Feng responded that in the first quarter of this year, my country's actual utilization of foreign capital achieved rapid growth. In addition to the low base of the same period last year, it was mainly due to the steady recovery of my country's economy from the impact of the epidemic, the optimistic market prospects, and business operations. The environment continues to improve, the confidence of foreign investment has increased, and investment expectations are steadily improving.

According to a recent survey conducted by the Ministry of Commerce of more than 3,200 foreign-invested companies, 96.4% of companies have an overall positive attitude towards their future business prospects, which is an increase of 2.1 percentage points from the beginning of this year.

　　Gao Feng pointed out that at the same time, we have also seen that the current global epidemic and the complex and severe international environment, the continuous downturn of transnational investment, the sluggish flow of cross-border personnel, the hindrance of investment promotion activities, and the increase of new uncertainties, the use of foreign capital this year is still Face greater pressure.

In the next step, we will continue to expand opening up and optimize the business environment in accordance with the decisions and deployments of the Party Central Committee and the State Council, and strive to optimize the structure and quality while maintaining the overall stability of the scale of foreign investment, and strive to achieve the goal of stabilizing foreign investment.