(Economic Watch) China's National Development and Reform Commission talks to US companies in China to respond to three major concerns

  China News Agency, Beijing, November 2, title: China's National Development and Reform Commission dialogues with US companies in China to respond to three major concerns

  China News Agency reporter Wang Enbo

  China's National Development and Reform Commission held a roundtable meeting with senior executives of American multinational corporations in China on the 1st in Beijing.

The conference was hosted by the International Department of the National Development and Reform Commission, China News Service, and hosted by China News Network. Senior representatives from the American Chamber of Commerce in China, the US-China Business Council and more than 60 US companies in China attended the conference.

On the afternoon of November 1, the National Development and Reform Commission and the high-level roundtable of American multinational enterprises in China with the theme of "focusing on the 20th National Congress to seek new development" were held in Beijing.

  During the dialogue, the heads of relevant departments and bureaus of the National Development and Reform Commission responded to the concerns of American companies on the latest version of the catalogue of industries to encourage foreign investment, serving the "dual carbon" goal, and Sino-US relations.

What are the new ways to encourage foreign investment?

  China's latest official "Catalogue of Industries Encouraged for Foreign Investment (2022 Edition)" has attracted the attention of companies such as Mars.

According to Xia Qing, deputy director of the Foreign Investment Department of the National Development and Reform Commission, compared with the previous version, the new version of the catalog has three main changes.

  The first is to expand the scope of encouraging foreign investment.

The new version of the catalog has a total of 1,474 entries, a net increase of 239 compared to the previous version, an increase of 19.4%, and the largest number of entries in recent years.

This fully shows that China's attitude to encourage foreign investment is clear and its determination to expand opening up is firm.

  Second, the policy of attracting investment in key industries has been intensified.

The revision of the catalog has intensified the policies to encourage foreign investment in advanced manufacturing, modern service industry, high-tech, energy conservation and environmental protection and other industries, promoted the optimization of the industrial structure of foreign investment, and further improved the quality of foreign investment utilization.

"Many foreign-funded enterprises have advantages in the above-mentioned fields," Xia Qing said. The introduction of the new catalog has provided important opportunities for these enterprises to achieve better development.

  The third is to intensify the policy of attracting investment in the central, western and northeastern regions.

The revision of the catalogue formulates more targeted incentive policies based on the comparative advantages of the central, western and northeastern regions, and increases the support for basic manufacturing, people's livelihood consumption and other fields, which will help foreign-funded enterprises to take advantage of the local labor force and characteristic resources. achieve better development.

How to seize the "double carbon" opportunity?

  How multinational companies can participate in China's carbon neutralization process is a concern of companies such as ConocoPhillips.

"We welcome and support foreign-funded enterprises to actively participate in the process of China's realization of the 'dual-carbon' goal," said Zhao Peng, deputy director of the National Development and Reform Commission's Environmental and Assets Department, detailing the opportunities brought about by the comprehensive green and low-carbon transition of China's economic and social development.

  Low-carbon, zero-carbon and negative-carbon technology exchanges and cooperation are one of them.

In particular, it is necessary to focus on key areas such as renewable energy development, nuclear energy, energy conservation, hydrogen energy, energy storage, carbon dioxide utilization and storage, low-carbon process innovation and digital transformation in the industrial field, strengthen technical exchanges and mutual learning, and jointly contribute to global green and low-carbon development. Provide power.

  Carrying out green and low-carbon trade and investment cooperation is also a priority.

Zhao Penggao said that China supports foreign-funded enterprises to increase investment in China in new energy, energy conservation and environmental protection, ecological environment, green services and other fields, expand the import and export scale of energy-saving and environmental protection products and services, and relevant enterprises will also enjoy energy conservation, water conservation and environmental protection. , preferential tax policies and other existing policies, "we treat foreign-funded enterprises equally".

  He also mentioned that China is committed to vigorously supporting the green and low-carbon development of energy in developing countries. Chinese and foreign companies have broad space for cooperation and huge potential for cooperation. It is hoped that multinational companies will give full play to their own advantages and cooperate with Chinese companies in the third-party market to achieve win-win cooperation. .

How to strengthen confidence in developing in China?

  "In the process of China's high-quality development, what is the positioning of foreign capital? How to strengthen the confidence of foreign capital in China?" The question raised by Schneider Electric is also the concern of many American companies in China.

  "American companies in China are not only important participants in the international cycle, but also an important force in promoting China's domestic cycle," said Gao Jian, deputy director of the International Department of the National Development and Reform Commission. More than 60 American companies in China actively signed up for the roundtable. Representatives of key U.S. companies in China gave positive feedback at the first time, and their participation was extremely enthusiastic, which also reflected the importance U.S. companies attached to the Chinese market.

  According to Chinese customs data, from January to September this year, the trade volume between China and the United States reached US$580.397 billion, a year-on-year increase of 6.9%; US investment in China remained stable, with investment in China reaching US$1.86 billion, a year-on-year increase of 1.3%.

  Gao Jian pointed out that China has the largest market in the world, which can bring vast opportunities and cooperation space for foreign-funded enterprises.

It is hoped that U.S. enterprises in China will maintain their confidence in the Chinese market, cultivate new strategic opportunities in the "change", fully grasp potential investment opportunities, explore more investment cooperation areas, support and promote more technological innovation and its application and promotion in China, Contribute a positive force to promoting the deepening of Sino-US economic cooperation and the better development of Sino-US relations.

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