Where is China's "gravity" in attracting foreign investment without decreasing?

　　Xinhua Times Review: Where is China's "gravity" in attracting foreign investment that has not decreased but increased?

　　Xinhua News Agency, Beijing, December 7 -

　　Xinhua News Agency reporter Yu Jiaxin

　　Since the beginning of this year, China has continued to maintain a good growth momentum in attracting foreign investment.

The fact that foreign investment has not decreased but increased during the epidemic is a powerful response to the so-called "decoupling theory," and the "gravity" behind it also gives people reason to believe that China will continue to be a fertile ground for foreign investment.

　　Since the beginning of this year, China’s foreign investment has continued to maintain a double-digit growth. In the first 10 months, China’s foreign investment has increased by 17.8% year-on-year, continuing a steady and positive trend.

Looking at the world, China's performance in attracting investment is particularly impressive.

According to OECD statistics, in 2020, more than one-fifth of the total global foreign direct investment will be invested in China, which is double the share before the epidemic. This trend continues this year.

　　The fact that China's absorption of foreign capital does not fall but rises has won a "vote of confidence" from foreign-funded institutions and enterprises.

Recently, a survey from well-known international financial institutions showed that compared with several other major Asian economies, China has become the most attractive investment destination.

The British "Financial Times" article stated that under the new crown epidemic, China's economy and trade have not decoupled from the world, but have become more closely connected.

　　At present, the overall momentum of China's investment in attracting capital is good, but some foreign businessmen have misunderstood China-related policies, and even worry about whether China will further open up.

In fact, as long as any investor analyzes China's "gravity" objectively, it is not difficult to make a judgment.

　　The strong attraction comes from the continuous improvement of China's economic development.

With more optimistic economic prospects, investment confidence can be firmer.

Since the beginning of this year, China has calmly dealt with a century of change and the epidemic of the century, and its economic development has maintained a leading position in the world.

BlackRock, one of the world's largest asset management groups, said: It is more confident in China's investment outlook. The basic consideration is that China's economy will grow steadily next year, which may exceed investor expectations.

　　The strong attraction comes from the huge scale and demand potential of the Chinese market.

Under the epidemic, for many multinational companies, China has become the "main engine" of their global profit growth.

The huge profits made by foreign investment are behind the driving force of a large market with a population of more than 1.4 billion.

From the previous focus on the establishment of factories, to the establishment of more and more R&D centers and global headquarters in China, behind the transformation, the potential and charm of China's huge market capacity are shown.

　　The strong gravitation comes from the new opportunities emerging in China's construction of a new development pattern.

China's acceleration of building a new development pattern does not mean that there are fewer opportunities for foreign businessmen in China, but more.

During the "14th Five-Year Plan" period, China will further expand imports, put scientific and technological innovation in a more important position, and work hard to achieve the "dual carbon" goal... This process has spawned new industries such as digital, research and development, services, environmental protection, etc. It will allow foreign companies to discover more "Nuggets".

The RIA Novosti article previously pointed out that the funds invested in China are “not hot money that is fast-moving in and out of the financial market, but long-term funds that will stay in this country for a long time”.

　　The strong attraction comes from China's continuous efforts to expand opening up and optimize the business environment.

For investors, stronger confidence comes from more stable expectations.

In recent years, China's negative list for foreign investment access has been reduced by nearly two-thirds. A new version of the negative list for foreign investment access will be issued before the end of the year to promote the regional comprehensive economic partnership agreement to take effect early next year, and apply for joining the Comprehensive and Progressive Trans-Pacific Partnership Agreement. , Digital Economy Partnership Agreement... China has used practical actions to send a clear signal to the outside world: the determination and actions to promote high-level openness will not change.

China's recent strengthening of regulations on related industries is also to create a fairer and more transparent business environment for all market players, so that companies can invest with peace of mind.

　　Although the global epidemic is still spreading, the prospects for economic recovery are still uncertain, and China is still facing challenges in attracting foreign investment, these "gravitational forces" are not only the password for China to attract foreign investment, but also for China to continue to attract global investors to increase investment in the future. The confidence.

The so-called "decoupling" argument is just the wishful thinking of some people.