Xinhua News Agency, Paris, May 3 (Reporter Liu Fang) Margit Molner, Director of the China Policy Research Office of the Organization for Economic Cooperation and Development (OECD), said in an interview with Xinhua News Agency reporters on the 3rd that it has benefited from effective control. The new crown epidemic and the accelerated opening of many industries. Last year, China surpassed the United States to become the world's largest foreign capital inflow country. China's good growth prospects and further opening-up measures will help China continue to attract foreign capital inflows.
According to data released by the OECD a few days ago, affected by the epidemic, the total scale of global foreign direct investment (FDI) in 2020 will be US$846 billion, a decrease of 38% from the previous year and the lowest level since 2005.
Among them, FDI flowing into China increased to 212 billion US dollars, an increase of 14%; FDI flowing into the United States was 177 billion US dollars, a decrease of 37%.
Morna said that after the epidemic was brought under control, China's economy quickly resumed growth, and China has therefore become a more realistic destination for FDI.
The further increase in the degree of openness is another important factor for China to attract foreign investment.
OECD data show that from 2019 to 2020, China has reduced foreign direct investment restrictions, most notably in the field of financial services, and foreign investment restrictions in manufacturing, agriculture and construction have also been relaxed.
Molna pointed out that China's FDI stock still accounts for a relatively low proportion of GDP, and there is still a lot of room for growth in attracting foreign investment.
"Stabilizing foreign investment" is an important policy goal of the Chinese government.
In fields such as traditional industries and manufacturing, the introduction of foreign capital will help to upgrade technology and improve organization and management to increase efficiency.