China News Agency, Beijing, February 2 (Reporter Li Xiaoyu) Meng Huating, head of the Foreign Investment Management Department of the Ministry of Commerce of China, said on the 2nd that this year will promote the reasonable reduction of the negative list of foreign investment access and increase the opening up of the modern service industry. More foreign-invested projects landed in China.

  According to official data, China's actual use of foreign capital in 2022 will be 1,232.68 billion yuan, a year-on-year increase of 6.3%, and the scale will hit a record high.

  Meng Huating said at the press conference held that day that there are still many favorable factors for China to absorb foreign investment, including the prospect of economic growth. Many international organizations have recently raised their forecasts for China's economic growth this year. The development prospects are very confident; the "magnetic attraction" of the Chinese market for foreign investment continues to increase; the policy superposition effect continues to appear; cross-border exchanges are more convenient, etc.

  But she also admitted that the current world economic growth is sluggish, and various unfavorable factors are still fermenting.

According to a report recently released by the United Nations Conference on Trade and Development, global cross-border investment will face huge downward pressure in 2023.

  Meng Huating said that this year will promote the reasonable reduction of the negative list of foreign investment access, and increase the opening up of the modern service industry.

Relying on major economic and trade exhibitions and various investment promotion mechanisms, support the combination of "going out" and "inviting in" in various regions to carry out investment promotion activities, and promote the construction of more landmark projects with foreign capital.

  She said that China will also implement national treatment for foreign-funded enterprises, improve the inter-departmental coordination mechanism for complaints by foreign-funded enterprises at all levels, and protect the rights and interests of foreign investors in accordance with the law.

In addition, it will actively guide foreign capital to invest in advanced manufacturing, modern services, energy conservation and environmental protection, technological innovation and other fields, as well as the central, western and northeastern regions, and continue to increase investment in high-tech industries.

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