Chinanews Client Beijing, September 8th. On September 8, Liu Xiaonan, Director of the Foreign Investment Department of the National Development and Reform Commission, pointed out at a press conference that, on the
whole, foreign-funded enterprises are optimistic about China’s economic development prospects and recognize China’s business environment. I have confidence in investing in China, "will never leave" the Chinese market, and will grow together with the Chinese economy.
According to reports, since the beginning of this year, with the global epidemic and the international situation still complex and severe, my country has given full play to its advantages such as taking the lead in effectively controlling the epidemic, stabilizing the economy, and accelerating the construction of a new development pattern. Significant results.
Data map: Guangzhou Port.
Photo courtesy of Guangzhou Port Group
Liu Xiaonan said that it is mainly manifested in three aspects. One is the increase in the amount of foreign capital used and the optimization of the structure.
The inflow of foreign capital continued its steady and positive momentum.
From January to July this year, the country attracted US$100.74 billion in foreign investment, a year-on-year increase of 30.9%.
The high-tech manufacturing industry and high-tech service industry attracted foreign investment of 7.12 billion US dollars and 25.15 billion US dollars, respectively, with a year-on-year increase of 34.6% and 40.6%, which were higher than the average growth rate.
Second, foreign companies in China are operating well and increasing profits.
From January to July this year, the operating income and total profits of foreign-funded industrial enterprises above designated size were 15.94 trillion yuan and 1.33 trillion yuan respectively, representing a year-on-year increase of 21.6% and 46.0%, which were also significantly better than the same period in 2019.
The survey shows that the Chinese market has become the "main engine" for the performance growth of many well-known multinational companies.
Third, foreign-funded enterprises are optimistic and confident about the Chinese market.
A survey by the European Chamber of Commerce in China shows that 60% of European-funded enterprises will expand their business in China, an increase of 8 percentage points from last year.
According to a survey by the American Chamber of Commerce in China, 81% of US-funded companies expect to achieve positive growth in operating income in the Chinese market this year, and 66% of US-funded companies plan to increase investment in China, an increase of 5 and 3 percentage points respectively over 2020.
The "Chinese Economy and Japanese Enterprises 2021 White Paper" shows that 92.8% of Japanese companies in China will not adjust their production bases due to factors such as the spread of the new crown pneumonia epidemic and changes in the trading environment.
Liu Xiaonan said that the next step will be to accelerate the construction of a new higher-level open economy, continuously optimize the foreign investment environment, and support foreign investors and foreign-funded enterprises to achieve better development in China.
According to reports, the first is the expansion of stable stocks.
Through further reduction and improvement of the negative list of foreign investment access in the country and the pilot free trade zone, relaxation of restrictions on foreign investment access will provide a broader space for foreign investment.
Promote the implementation of major foreign-funded projects, solve problems in projects in a timely manner, optimize full-process services, and guide the inflow of foreign capital through large projects.
The second is to optimize the structure and improve the quality.
The main purpose is to improve policies to guide the direction of foreign investment, implement the catalog of industries that encourage foreign investment, and give full play to the active role of foreign capital in making up for shortcomings, promoting technological and management innovation, and meeting domestic diversified market demands.
The third is to strengthen services to prevent risks.
Promote relevant policies and measures to foreign-funded enterprises in a timely and efficient manner, carry out a series of international industrial investment cooperation activities, and build investment cooperation platforms for foreign-funded enterprises and various localities.
Continue to clean up restrictions outside the negative list of foreign investment access, promote the implementation of national treatment after access, and treat foreign-funded enterprises and domestic-funded enterprises equally in accordance with the law.
At the same time, we will also carry out foreign investment security review work in accordance with internationally accepted methods and relevant measures to prevent and control risks.
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