China News Agency, Qingdao, June 19 (Reporter Hu Yaojie) The 3rd Qingdao Summit of Multinational Company Leaders kicked off in Qingdao on the 19th. The meeting released "Multinational Corporations in China: Re-selection in the Reshaping of Global Supply Chains" ( referred to as the "Report").

The report shows that at present, although the global supply chain has entered a new round of reconstruction, the core logic that determines the global supply chain pattern has not changed. Multinational companies are making steady progress in their investment in China, and China is still an important destination for global investment by multinational companies. .

  The report shows that the investment scale of multinational companies in China has remained stable.

In recent years, against the backdrop of shrinking global manufacturing transnational investment, China, with its huge market and complete manufacturing supply chain system, has continued to attract multinational companies to invest in the manufacturing sector, making outstanding contributions to global manufacturing transnational investment.

  According to the statistics of the report, from 2017 to 2021, under the situation of fluctuating decline in global manufacturing transnational investment, the scale of foreign capital utilization in China's manufacturing industry remained relatively stable.

Among them, due to the impact of the epidemic in 2020, the actual use of foreign capital in the manufacturing industry has declined, reaching 31.00 billion US dollars. With the effective prevention and control of the new crown pneumonia epidemic in China, the actual use of foreign investment in China's manufacturing industry in 2021 will reach 33.73 billion US dollars, a year-on-year increase of 33.73 billion US dollars. It increased by 8.8%, 1.1 percentage points higher than the growth rate of global manufacturing FDI.

  The report believes that the investment structure of multinational companies in China continues to optimize.

In recent years, as China promotes the transformation and upgrading of the manufacturing industry, the investment of multinational companies in China's manufacturing sector has shown an expansion of medium and low-level processing manufacturing to high-tech manufacturing, from low-tech, low-value-added production links to high-tech, high-value-added production links The trend of changing production links.

Among them, foreign capital utilization in high-tech manufacturing accounted for more than 1/3, and the utilization of foreign capital in labor-intensive, energy-intensive, and high-polluting industries declined.

  The report pointed out that major foreign investment projects have played a significant role in stabilizing foreign investment.

In recent years, major foreign-funded projects have maintained a rapid growth rate in China. The number of large-scale projects with contractual foreign investment of more than US$100 million in newly established or increased capital increased from 834 in 2019 to 1,177 in 2021, maintaining double-digit growth for three consecutive years.

  The report shows that the operating efficiency of multinational companies in China continues to improve.

Judging from the operation of multinational companies in China, financial indicators such as operating income and total profit, as well as operating efficiency indicators such as revenue margin and per capita operating income, all show a trend of continuous growth year by year.

  The report, compiled by the Institute of International Trade and Economic Cooperation of the Ministry of Commerce of China, deeply analyzes the trend of global supply chain adjustment, systematically sorts out the advantages of China's supply chain, and puts forward relevant suggestions for the better development of multinational companies in China.

  The 3rd Qingdao Summit of Multinational Corporation Leaders lasted for 3 days. It was hosted by the Ministry of Commerce of China and the Shandong Provincial People's Government. With the theme of "Multinational Corporations and China", there were 41 events in 14 categories, including investment promotion theme salons, transnational corporations Company promotion, etc.

(Finish)

Keywords: