The absorption of foreign capital has achieved a "good start".
According to data released by the Ministry of Commerce on the 15th, my country's actual use of foreign capital in January was 102.28 billion yuan, an increase of 11.6% year-on-year.
Experts believe that the current global new crown pneumonia epidemic is still repeated, the international industrial chain and supply chain are deeply restructured, and the cross-border investment situation is still severe.
The policy of stabilizing foreign investment is expected to increase, and some new measures will be launched one after another. The absorption of foreign investment in the first quarter is expected to maintain a good momentum.
"Magnetic force" does not reduce the absorption of foreign capital and has a stable start
On the basis of the breakthrough of the trillion yuan in foreign investment last year, my country's foreign investment in the first month of this year is still outstanding.
The numbers confirm that my country's "magnetism" in attracting foreign investment has not diminished.
Experts believe that this is mainly due to the continuous release of my country's opening-up dividends, the continuous emergence of policy effects, the further optimization of the business environment, and the stability of corporate expectations and confidence.
From the perspective of opening up, my country's opening-up dividends continue to be released.
The negative list for foreign investment access has been further reduced, the restrictions on foreign shareholding ratios in the automobile manufacturing industry have been fully liberalized, and the manufacturing restrictions in the Pilot Free Trade Zone have been "removed".
In addition, actively promote the Regional Comprehensive Economic Partnership (RCEP) to enter into force as scheduled on January 1 this year, sending a positive signal.
Investment liberalization and facilitation measures for open platforms such as pilot free trade zones, free trade ports, and pilot demonstrations for the expansion and opening of the service industry have continued to be introduced, and high-level open platforms have become more attractive to foreign investment.
From a policy perspective, the effect of the foreign investment stabilization policy has continued to emerge.
Last year, the Ministry of Commerce formulated and issued 22 measures to stabilize foreign investment, and guided local governments to issue more than 140 policy documents, forming a policy "combination punch".
The eastern, central and western regions attract foreign investment and make concerted efforts.
From the perspective of business environment, the market-oriented, legalized and internationalized business environment has been further optimized.
Chen Chunjiang, director of the Foreign Investment Management Department of the Ministry of Commerce, said recently that various regions and departments have thoroughly cleaned up the regulatory documents that are inconsistent with the Foreign Investment Law, and formulated, revised and abolished more than 500 regulatory documents.
Improve the complaint work mechanism for foreign-funded enterprises, improve the complaint work network, help foreign-funded enterprises to coordinate and resolve a series of complaints, and safeguard the legitimate rights and interests of foreign investment.
According to a recent questionnaire survey by the Ministry of Commerce, among more than 3,000 key foreign-funded enterprises, 94.9% of them are generally optimistic about their future business prospects.
Attracting investment and improving the quality of service industry "playing the lead"
The latest "transcript" of investment attraction proves that while the scale of investment attraction is increasing, the quality of investment attraction is also improving, reflecting that the economic development is better.
According to data from the Ministry of Commerce, the actual use of foreign capital in the service industry in January was 82.3 billion yuan, a year-on-year increase of 12.2%.
From the data in recent years, the proportion of the service industry in the foreign investment has increased significantly.
In 2005, the proportion of foreign investment in the service industry was 24.7%; in 2011, this proportion exceeded 50%, and in 2020, it further increased to 77.7%.
The service industry has gradually become the preferred field for foreign investment.
Experts believe that the service industry "plays a major role" in attracting foreign investment, which matches the increasing proportion of the service industry in my country's GDP, and is also in line with the characteristics of my country's current stage of economic development.
While the attraction of attracting foreign investment in the service industry is increasing, the high-tech manufacturing industry is also gaining momentum.
In January, the actual use of foreign capital in the high-tech industry increased by 26.1% year-on-year, of which the high-tech manufacturing industry increased by 32% and the high-tech service industry increased by 24.6%.
Experts believe that more foreign investment in the service industry and high-tech manufacturing industry reflects the continuous optimization and upgrading of China's economic structure and better economic development.
Li Jun, director of the Institute of International Trade in Services of the Academy of Commerce of the Ministry of Commerce, said that from the beginning of foreign investment in the manufacturing industry, to the fact that foreign investment is now more favored in the service industry, the "turn" of foreign investment reflects the continuous upgrading of China's opening up and the profound changes in the economic and industrial structure. .
Policies with greater challenges need to continue to increase
While attracting foreign investment has achieved a stable start, stabilizing foreign investment still faces great challenges.
On the one hand, the reconstruction of the international industrial chain presents the characteristics of near-shore, localization and regionalization, and the competition for attracting investment from various countries intensifies.
The global epidemic continues to affect the development of cross-border investment promotion activities.
On the other hand, domestic enterprises are under pressure from rising prices for labor, land, and raw materials.
The United Nations Conference on Trade and Development predicts that global cross-border investment will no longer achieve rapid growth this year.
In order to cope with internal and external challenges, experts believe that the policy of stabilizing foreign investment is expected to increase, and many new measures will be launched one after another.
In terms of open fields, the "Catalogue of Industries Encouraged for Foreign Investment" is expected to be revised and expanded. More emerging fields such as green low-carbon, digital economy and more advantageous industries in the central and western regions are expected to be included in the catalogue, and the scope of encouraging foreign investment will be expanded.
In terms of expanding investment, the Ministry of Commerce stated that it will promote the connection of foreign investment projects in key industries, organize and carry out "local tours of multinational companies", and provide better support for local investment promotion.
In terms of policy improvement, the Foreign Investment Law and its implementation regulations are expected to continue to improve. Chen Chunjiang said that the Ministry of Commerce will comprehensively clean up the provisions inconsistent with the Foreign Investment Law and its implementation regulations, implement fair treatment for foreign-funded enterprises, and increase the protection of the legitimate rights and interests of foreign investment. .
After all the hardships and rains, we will set off again, and we will sail together and improve again.
The intensive release of higher-level opening-up signals and the accelerated implementation of relevant measures will further increase the attractiveness of the Chinese market, promote China's stable foreign investment, and achieve both quantitative and qualitative improvement.