In the first ten months, my country's absorption of foreign capital achieved rapid growth (new data and new highlights)

　　In Guangdong, ExxonMobil's Huizhou ethylene project has entered a full-scale construction stage; in Shanghai, the Legoland Resort project officially started... This year, a number of iconic foreign-funded projects have landed or increased capital. Foreign businessmen are optimistic about China with practical actions. , Invest in China.

　　Statistics show that in the first 10 months of this year, the actual use of foreign capital across the country was 943.15 billion yuan, a year-on-year increase of 17.8%. The structure of foreign capital was further optimized and the quality of foreign capital was continuously improved.

　　From an industry perspective, the actual use of foreign capital in the service industry was 752.52 billion yuan, a year-on-year increase of 20.3%.

The actual use of foreign capital in the high-tech industry increased by 23.7% year-on-year, of which the high-tech service industry increased by 27.9%, and the high-tech manufacturing industry increased by 10%.

In terms of source, actual investment in countries along the “Belt and Road” and ASEAN increased by 30.7% and 29.5% year-on-year respectively.

In terms of regional distribution, the actual use of foreign capital in my country's eastern, central, and western regions increased by 17.5%, 29.8% and 9% year-on-year respectively.

　　Zong Changqing, Director of the Foreign Investment Department of the Ministry of Commerce, said that since this year, my country has achieved rapid growth in the absorption of foreign investment, and the results have been significantly better than expected.

However, the current external environment for stabilizing foreign investment remains complex and severe.

The global epidemic is still evolving, and the implementation and construction of some foreign-funded projects are slowing down; the global industrial chain and supply chain is being deeply reshaped, and transnational investment is showing trends such as near-shore, localization, and regionalization. The competition for foreign investment is becoming more intense.

　　On the other hand, my country still has many favorable conditions for attracting foreign investment.

The attractiveness of the hyper-scale market continues to increase.

According to the survey, more than 90% of foreign-funded enterprises mainly face the Chinese market.

my country has a population of more than 1.4 billion, and the scale and growth potential of the consumer market are unparalleled.

At the same time, my country's comprehensive advantages such as complete industrial facilities, complete infrastructure, and abundant human resources are outstanding, and its "magnetism" for foreign investment has continued to increase.

　　On the whole, foreign investment expectations and confidence in China continue to be stable.

According to a recent survey conducted by the Ministry of Commerce, 93.3% of more than 3,000 key foreign-funded enterprises have optimistic expectations for their future development prospects.

　　To make better use of foreign capital, China continues to act.

A few days ago, the Ministry of Commerce issued the "Fourteenth Five-Year" Development Plan for Utilization of Foreign Investment and the "Guidelines for Foreign Investment in China (2021 Edition)", clarifying that during the "14th Five-Year Plan" period, we must continue to deepen the reform of "delegation, management and service" and continue to strengthen the rule of law in the field of foreign investment. Construction, strengthen the protection of the rights and interests of foreign investment in accordance with the law, strengthen the basic position of competition policy, and promote fair competition between domestic and foreign enterprises.

　　Reporter Luo Shanshan