In 2021, China's foreign direct investment flow ranks among the top three in the world for ten consecutive years

　　In 2021, China's foreign direct investment flow will be 178.82 billion US dollars, ranking among the top three in the world for ten consecutive years——

　　Chinese enterprises invest overseas to do a good job in "foreign business"

　　A few days ago, the "2021 Statistical Bulletin of China's Foreign Direct Investment" (the "Gazette") jointly issued by the Ministry of Commerce, the National Bureau of Statistics and the State Administration of Foreign Exchange showed that in 2021, China's foreign direct investment flow will be 178.82 billion US dollars, an increase over the previous year. 16.3%, ranking among the top three in the world for ten consecutive years; by the end of 2021, China's foreign direct investment stock was 2.79 trillion US dollars, ranking among the top three in the world for five consecutive years.

　　What are the new highlights, new progress, and new stories of Chinese enterprises going overseas?

Our reporter recently conducted an interview.

　　Business footprint all over the world

　　There are 20 to 30 standard operators working together on each production line. On average, one server is rolled out in one minute, and one workstation is rolled out in 15 seconds... In the Hungarian factory of Lenovo Group, highly automated and intelligent equipment makes production easier. As smooth as flowing water.

According to reports, the factory officially went into full production on June 14 this year, and can produce more than 1,000 customized servers and up to 4,000 customized workstations every day.

　　"This factory is one of Lenovo's largest overseas manufacturing plants and the first self-owned production base in Europe. With the unique geographical location and convenient transportation in Hungary, this factory can effectively improve the efficiency of our supply to European customers. Not only that, our factories have directly created more than 1,100 local jobs, of which female employees account for as high as 60%.” said Guan Wei, senior vice president of Lenovo Group and head of global supply chain.

　　This is a microcosm of Chinese enterprises sailing to sea and investing in business.

　　The Bulletin shows that in recent years, China's status as a major foreign investment country has been stabilized, the investment structure has been continuously optimized, and the mutual benefit and win-win results have been remarkable.

　　In terms of total volume, since the release of annual foreign direct investment statistics in 2003, China has ranked among the top three global foreign direct investment flows for 10 consecutive years. The flow in 2021 is 66 times that of 2002, with an average annual growth rate of 24.7%. .

Since the 18th National Congress of the Communist Party of China, China’s cumulative foreign direct investment has reached US$1.34 trillion, accounting for more than 10% of the global share for six consecutive years. It has paid a total of US$368.2 billion in various taxes in the country (region) where the investment is located, with an average annual settlement of more than 2 million jobs.

　　From a structural point of view, in 2021, China's foreign direct investment covers 18 major industries of the national economy, and flows to investment in leasing and business services, wholesale and retail, manufacturing, finance, transportation/storage and postal services Both exceeded US$10 billion.

Among them, investment in the leasing and business service industry accounted for 27.6% of the total flow, mainly distributed in Hong Kong, Singapore, Australia and other places; wholesale and retail investment accounted for 15.7% of the total flow, and flowed to the United States, Germany, Malaysia, the United Kingdom, The Netherlands and other places have more; the investment in the equipment manufacturing industry is 14.12 billion US dollars, a year-on-year increase of 18.7%.

　　Higher retained earnings have also become the driving force for the rapid growth of foreign direct investment.

The "Gazette" shows that in 2021, the operating conditions of Chinese overseas companies are good, and more than 70% of the companies are profitable or flat.

In that year, the reinvestment of earnings (that is, newly added retained earnings) was US$99.3 billion, a record high, accounting for 55.5% of China's foreign direct investment flow in the same period.

　　"Currently, the changes of a century and the epidemic of the century are superimposed on each other. The global supply chain industry chain will inevitably encounter various risks and challenges in the development process. According to the "Communication", as the world's second largest economy, the fields covered by China's foreign investment It is rich and covers a wide range of regions, especially the increasing number of high-tech industries. This obviously helps to maintain the stability of the global industrial division of labor." Wan Zhe, a researcher at the "Belt and Road" College of Beijing Normal University, told our reporter.

Take root and develop their own strengths

　　Only when the roots are deep can the leaves flourish.

In the process of striding out to sea, many Chinese companies have actively played their own advantages and deeply integrated into local development.

　　To do a good job in "foreign business", Chinese enterprises have a keen sense of business——

　　Nickel is widely used in stainless steel manufacturing, energy storage batteries and other fields.

In recent years, with the rapid development of new energy vehicles and consumer electronics, the market demand for nickel has continued to rise.

Smelling business opportunities, Ningbo Lygend Resources Technology Co., Ltd. has started to cooperate with the Indonesian Khalida Group since 2018, and successively invested in the nickel-cobalt hydrometallurgy nickel sulfate and cobalt sulfate project, RKEF (rotary kiln + submerged arc furnace) process ferronickel smelting and supporting power plant projects.

At present, the company has planned a total investment of US$11 billion in Indonesia, and actually completed an investment of US$2 billion, contributing more than 14,000 local jobs.

In a few years, a huge production base sprang up on this uninhabited island, complete with power plants, ports, and living quarters.

　　"Indonesia is rich in lateritic nickel ore resources, but the local resource development, processing and utilization capabilities are weak. This provides us with an opportunity to carry out production capacity cooperation." Cai Jianyong, chairman of Ningbo Lygend Resources Technology Co., Ltd., told our reporter that the people who work here Indonesian workers can get about 4,000 yuan per month, which is significantly higher than the local average income level.

"With the subsequent four HPAL (high pressure acid leaching) production lines and 20 RKEF production lines being put into operation, it is expected that the annual production capacity of nickel metal in the industrial park will exceed 400,000 tons by 2024."

　　To do a good job in "foreign business", Chinese enterprises have sufficient professional advantages——

　　In the Logana Industrial Park located in Chonburi Province, Thailand, there are many towering frame towers, shining silvery under the blue sky.

On May 19 this year, the polymer additive factory invested and built by China Sunnics Chemical Technology Co., Ltd. was put into operation.

The factory can produce 25,000 tons of rubber antioxidants per year, which not only fills the gap in the production of rubber antioxidants in Southeast Asian countries, but also provides more convenient localization services for downstream customers' Southeast Asian production bases.

　　According to Wu Libao, general manager of Sennics Thailand Co., Ltd., as a member company of Sinochem International (Holdings) Co., Ltd., Sennics has multiple R&D centers and production bases around the world. Product quality, resource utilization, "three wastes" Emissions, process safety and other aspects have a high level of management.

"We have established long-term and stable cooperative relations with major tire manufacturers in the world. The rubber antioxidants, vulcanizing agents, vulcanization accelerators, nitrobenzene and other products we produce are sold in more than 50 countries and regions around the world. In Thailand, we actively build An intelligent chemical factory with an agile supply chain model allows enterprises to better serve the economic development of the region with their advantages in the industrial chain." Wu Libao told our reporter.

　　Creating employment and taxation, providing high-quality products, paying attention to environmental protection, fulfilling social responsibilities, and enriching cultural exchanges... Many excellent qualities have made Chinese companies have a growing circle of friends and deepening cooperation.

　　Seeing the general trend and seizing opportunities

　　Chinese enterprises sailing to sea need to continuously improve their capabilities in utilizing "two markets and two resources".

According to the latest data from the Ministry of Commerce, from January to October this year, China's foreign non-financial direct investment was 627.4 billion yuan, a year-on-year increase of 10.3%.

It can be said that under the general trend of open development, favorable factors are increasing.

　　Promulgated the "Management Measures for Overseas Investment of Enterprises", organized international production capacity cooperation promotion conferences and forums, and jointly built industrial parks with countries along the "Belt and Road"... Today, Chinese enterprises receive more comprehensive policy support for going overseas.

　　The Democratic Republic of the Congo is located in the middle of the African continent, and the problem of poor infrastructure has long restricted the development of the local economy.

In October this year, a 150-kilometer-long road officially connected the two ports of Sakania and Mocambo, opening up the transportation channel between the country and the sea outlet in southern Africa.

　　"In order to build this highway, we invested nearly 230 million US dollars. The project started construction in March 2020, and it has entered the final stage, and everything is going well!" Han Jinghua, chairman of Beijing Jiayou International Logistics Co., Ltd., told our reporter, In recent years, more and more Chinese enterprises have invested in Africa, and the demand for local logistics and transportation has also increased.

However, enterprises are not without concerns when faced with huge business opportunities going overseas.

"The risk tolerance of private enterprises is relatively low. Fortunately, the state has provided a lot of support and encouragement policies for enterprises to 'go global', so that we can rest assured. For example, China Export & Credit Insurance Corporation provides risk compensation for Chinese enterprises' overseas investment Policy business. Our investment is fully insured through its overseas investment insurance business.” Han Jinghua said.

　　In addition to the warm wind of policies, enterprises themselves are also actively exploring new models for overseas exhibitions.

Among them, some companies have quickly formed a vivid situation of "I am in you, and you are in me" through equity acquisitions of high-quality overseas companies.

　　At the 5th CIIE, Javier Perea, the CEO of Spain's Yi An Company and Gaisa Company, not only came to participate in the exhibition as a foreign businessman, but also took a "journey home".

It turned out that the two companies he managed were acquired by China Energy Construction's subsidiaries in early 2020.

"This acquisition is a great opportunity for us, and it is also of great significance to the entire energy engineering design and consulting industry. We will make good use of our advantages together to help customers achieve sustainable development." Javier Perret Ya said.

　　Song Hailiang, chairman of China Energy Construction Group Co., Ltd., said that Energy China has more than 100 green and low-carbon international projects under construction in hydropower, wind power, photovoltaics, and nuclear power. Its business covers more than 140 countries and regions around the world, and more than 10 international business practitioners million people.

From "going out" to "going in" to "integrating in" and finally achieving a high degree of "integration" is the opportunity that a more open China brings to the world.

Energy China will continue to extensively participate in the world's energy, power and infrastructure construction to promote mutual benefit and win-win results.

　　"For a long period of time since the reform and opening up, China's economy has relied more on 'bringing in' to actively participate in the world economy and global industrial division of labor. Now, with the improvement of China's own development level, China increasingly needs high-end manufacturing, technological innovation, high-quality Services and other fields will further integrate into the world economy, and establish a deeper level of mutually beneficial cooperation with other economies. In the future, Chinese companies going global must be more proficient in grasping international rules, complying with local regulations, and striving to bring tangible benefits to all parties. The benefits will eventually grow stronger in the international market competition." Wan Zhe said.

　　Wang Junling