China News Service, August 25th. The Ministry of Commerce held a press conference on the 25th. A reporter asked: From January to July this year, the actual use of foreign capital across the country increased by 17.3% year-on-year.

In the context of the sluggish world economy, what are the reasons for the substantial increase in investment in China by major global economies?

　　Ministry of Commerce spokesperson Shu Jueting said that

since the beginning of this year, the actual use of foreign capital across the country has continued to grow, and the Chinese market remains attractive to foreign capital.

There are four main reasons:

　　First, the comprehensive advantages of China's complete industrial system, super-large market, stable social situation, and long-term positive economic fundamentals have created a good foundation for the development of foreign-funded enterprises in China.

　　Second, the open market has provided more opportunities for investment and business development.

This year, we implemented a new version of the negative list for foreign investment access across the country and pilot free trade zones to further ease market access for foreign capital.

　　The third is to continuously optimize the business environment to enhance the investment confidence of foreign-funded enterprises.

According to the decisions and arrangements of the CPC Central Committee and the State Council, various localities and relevant departments have formulated a series of policies and measures to stabilize foreign investment, actively responded to the demands of foreign-funded enterprises to facilitate business in China, and enhanced their sense of gain.

At the same time, we organized and completed the cleanup of regulations and documents inconsistent with the Foreign Investment Law, and promoted the abolition, revision and formulation of 520 regulations and documents, which further improved the legal environment for foreign investment.

At present, we are actively cooperating with the Standing Committee of the National People's Congress to carry out inspections of foreign investment law enforcement, urging the strict implementation of various legal systems for the promotion, protection and management of foreign investment, and protecting the legitimate rights and interests of foreign investment.

　　Fourth, strengthen service guarantee and focus on solving the difficult problems faced by enterprises.

All localities and departments resolutely implement the requirements of "preventing the epidemic, stabilizing the economy, and developing safely", and the special class for key foreign investment projects of the foreign trade and foreign investment coordination mechanism plays an active role in establishing and improving the "four mechanisms", including cooperation with foreign countries. The normalized exchange mechanism of business associations, the multilingual information service mechanism for epidemic prevention and control, the "through train" service mechanism, and the rapid response mechanism for the epidemic situation, etc., help foreign-funded enterprises to resume production and operation, and promote the construction of key projects.

The leading role of large projects in attracting investment will be further exerted.

(Zhongxin Finance)