China News Service, Beijing, September 24 (Reporter Wang Enbo) Miao Wei, deputy director of the Economic Committee of the National Committee of the Chinese People's Political Consultative Conference and former minister of China's Ministry of Industry and Information Technology, said on the 24th that foreign capital has not left China, let alone "decoupling" from China.
Visionary entrepreneurs will not give up China's development opportunities.
Miao Wei said at the "Global Wealth Management Forum 2022 Autumn Summit" held on the same day that in the past three years, China's actual use of foreign capital has increased from US$138.134 billion in 2019 to US$144.369 billion in 2020, and then to 1734.80 in 2021. One hundred million U.S. dollars.
Although the new crown pneumonia epidemic, a new round of technological revolution and industrial change, geopolitical influence and other factors have driven profound changes in the global manufacturing industry.
But amid the complicated changes, China's opportunities will not change.
For example, he said that in 2021, the total retail sales of consumer goods in China will exceed 44 trillion yuan, making it the second largest consumer market in the world after the United States.
In addition, China's huge traditional industries will accelerate the pace of digitalization, networking, and intelligent transformation, creating a very broad market space for domestic and foreign hardware, software, terminals, networks, services and other enterprises.
All these facts and figures show that China will remain the market with the most potential and development space in the world.
"What companies need most is the market, and what the market lacks the most is companies." Miao Wei believes that visionary entrepreneurs will not give up China's development opportunities.
He pointed out that a number of multinational companies are increasing their investment in China.
Recently, Germany's BASF spent 11 billion US dollars to build a fine chemical project in Zhanjiang, Guangdong.
Tesla of the United States has further invested in the production line optimization project of the Shanghai Gigafactory.
Miao Wei also pointed out that the connotation of China's opportunities itself is also changing, and new elements may be added in the future to become more three-dimensional and multi-dimensional.
On the one hand, China is shifting from a long-term export orientation, which pays more attention to external circulation, to the mutual promotion of domestic and international dual circulation, which will have a profound impact.
On the other hand, China is striving to stimulate technological innovation. In the future, it will not only become a super-large-scale consumer market and super-large imported goods market on the demand side, but also become the birthplace and active place of technological innovation on the supply side.
He believes that in the future, foreign-funded enterprises will not only find opportunities to sell products and services in China, but also find partners for new technology inventions and innovations, so as to achieve more explosive and higher-quality growth.
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