China News Agency, Beijing, July 26 (Reporter Liu Yuying) Regarding the discussion on the relocation of manufacturing industries and the transfer of industrial chains, Yao Jun, deputy director of the Planning Department of the Ministry of Industry and Information Technology of China, said on the 26th that China is still the best for foreign businessmen. Investment options.
"The relocation of the manufacturing industry and the transfer of the industrial chain are generally a normal economic phenomenon, which is the result of globalization and market mechanisms." Yao Jun said at the press conference held on the same day that in economic globalization Under certain conditions, in order to reduce production costs and expand market share, capital often actively adjusts the layout of global production capacity.
China welcomes foreign-invested enterprises to invest in China and respects the objective laws of the market.
Manufacturing is a key area of foreign investment.
China has continued to reduce the access restrictions for foreign investment, promoted the full opening of the general manufacturing sector, and realized the elimination of the negative list of manufacturing items in the Pilot Free Trade Zone.
At present, more and more foreign capital is actively investing in key fields such as advanced manufacturing, high-tech, energy conservation and environmental protection.
From January to May this year, the actual use of foreign capital in China's high-tech manufacturing industry increased by 32.9% year-on-year.
Yao Jun said that although some foreign-funded enterprises are promoting diversification, overall, the pace of foreign investment in China has not slowed down.
From January to May this year, China's actual use of foreign capital was 564.2 billion yuan, a year-on-year increase of 17.3%.
Reports from the German Chamber of Commerce in China and the American Chamber of Commerce in China also show that over 70% of German-funded enterprises and over 60% of US-funded enterprises plan to increase their investment in China. A good investment choice.
Yao Jun said that China supports foreign investment to increase investment in China, encourages foreign investment to invest in advanced manufacturing, high-tech and other fields, and uses the "through train" and "green channel" and other ministry-province linkage service guarantee mechanisms to fully support the accelerated implementation of key foreign-funded projects.
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