Chinanews.com, June 17th. The Ministry of Commerce held a regular press conference today. The spokesperson Gao Feng said at the press conference that, judging from the situation in the first five months of this year, foreign investors continue to be optimistic about China’s economic development prospects and The huge potential of the Chinese market.
Gao Feng revealed that since the beginning of this year, my country has achieved rapid growth in the absorption of foreign capital.
In the first five months of this year, the actual use of foreign capital nationwide was 481 billion yuan (excluding banking, securities, and insurance), a year-on-year increase of 35.4% and a year-on-year increase of 30.3%; equivalent to USD 71.58 billion, a year-on-year increase 39.8%, an increase of 31.1% over the same period in 2019.
Gao Feng pointed out that at present, the development of the global new crown pneumonia epidemic still has great uncertainty, and the world economic recovery is still uneven. Countries are racing to introduce industrial support policies. Multinational companies may adjust the layout of the global industrial chain supply chain. At the same time, the epidemic caused Cross-border flow of people and logistics are still not smooth. These are the uncertain factors that my country faces in the use of foreign capital this year, and the situation remains complex and severe.
Gao Feng said that in the next step, the Ministry of Commerce will continue to promote the construction of a high-level open platform in accordance with the deployment of the Party Central Committee and the State Council, expand market access for foreign investment, strengthen service guarantees for key foreign-funded enterprises and projects, and continue to optimize the business environment to make things better. Many foreign investors have caught the express train of China's development.