The total amount of foreign investment has reached a record high. Economic vitality has strengthened confidence


  in the

future.

   China’s attracting foreign capital is still “magnet” (International Forum)

  According to a report released by the United Nations Conference on Trade and Development recently, China’s attraction of foreign direct investment (FDI) in 2020 will increase by 4% to 163 billion US dollars, ranking first in the world.

Among them, foreign direct investment in high-tech fields increased by 11%, and cross-border mergers and acquisitions increased by 54%, mainly in the information and communication technology and pharmaceutical industries.

  Affected by the new crown pneumonia epidemic, global FDI in 2020 will drop by 42%.

In the face of severe and complex international and domestic situations, China’s total investment volume has reached a new high and its structure has been more optimized, demonstrating its strong “magnetism” for attracting global investment, which has attracted great attention from major foreign media.

  Foreign companies have increased

  "Western companies continue to inject resources into the fast-growing Chinese economy." The US "Forbes" magazine recently stated that Goldman Sachs and JPMorgan Chase have obtained full ownership of their Chinese joint venture partners, and PepsiCo also spent US$705 million to acquire a Chinese company. Snacks brand.

  "Walmart said it will invest 3 billion yuan in Wuhan in the next five years; Tesla is expanding the production capacity of its Shanghai plant and intends to establish another research center; Disney plans to build a new theme park in Shanghai Disneyland..." The Wall Street Journal counted the actions of major foreign companies to expand investment in China, and sincerely lamented: “Foreign companies regard China as a production base for their products and an important growth market.” The report also pointed out that previous analysts believe that foreign companies are trying Reduce the heavy dependence on China in the supply chain, but the resilience of foreign investment in China is exactly the opposite of this expectation.

  A recent survey by the Japan External Trade Organization showed that only 9.2% of Japanese companies said they were or were considering moving their production capacity out of China, which was the lowest level in five years.

  Spain’s “Voice of Galicia” reported that many Spanish multinational executives said that the growth of their business in China is an important support for their company’s 2020 revenue.

  CNN observed that US FDI fell by 49% in 2020, and China surpassed the US for the first time and became the world's largest foreign capital inflow country. This shows that "some foreign companies are giving up investment in the US and instead betting heavily on China."

  The Spanish "Economist" website recently reported that major asset management companies have increased the proportion of emerging markets in their portfolios, and the Chinese stock market is considered the most attractive.

  Unabated charm of attracting capital

  Why has China become a hot spot for global capital?

Foreign media have explored the source of China's attraction.

  Bloomberg quoted an analyst from a US consulting company as saying that foreign companies, including US companies, will continue to invest in China because China is still one of the most resilient economies in the world, and China’s future growth potential is still stronger than others. Most economies.

  CNN believes that China can become the world's largest foreign capital inflow country in 2020, mainly because of China's strict prevention and control of the new crown pneumonia epidemic.

"While other major economies in the world are still mired in the new crown pneumonia epidemic, China took the lead in resuming economic growth and maintaining a strong recovery."

  British Reuters recently reported that as the world's second largest economy, China's economic recovery is "astonishingly fast", which is the biggest highlight of China's attraction of foreign investment.

  China's big market is full of vitality and continues to release strong "magnetism".

In addition, the continuously optimized business "soft environment" has also strengthened the enthusiasm and confidence of foreign investment.

  Russian TV today quoted experts as saying that China's FDI ranks first in the world and is inseparable from the country's large-scale economic support measures during the epidemic.

The actions of the Chinese government have made it possible for the industrial and consumer sectors to recover quickly.

In addition, the efforts of the Chinese government in recent years have laid the foundation for the influx of international investment.

For example, China has enacted relevant laws to encourage investment and implemented tax reduction policies to reduce the cost of foreign investment in China.

  The US CNBC website noted that the Chinese government is willing to attract more foreign investment, whether it is in commercial projects or in the local financial market.

This kind of Sino-foreign cooperation has promoted the internationalization of the renminbi and also brought more job opportunities to the local market.

  "It is profitable to do business in the world's largest market-the Chinese market." The Russian Free Media website stated that China has created a good investment environment, prompting Western entrepreneurs to provide large investments in China. There is also new technology.

"The steady growth of China's FDI shows that the Chinese government is correct to gradually relax restrictions on foreign investment and expand preferential policies."

  The outside world continues to be optimistic

  Recently, the International Monetary Fund released the updated content of the World Economic Outlook Report, predicting that China will be the only major economy that is expected to achieve positive growth for three consecutive years starting from 2020, and its role as a global economic stabilizer has been highlighted.

  China's economy has performed well, and foreign-funded enterprises have shared development dividends.

A recent survey by the Ministry of Commerce of China shows that nearly 60% of foreign-funded enterprises have achieved growth or flat in their operating income and profits in 2020, and nearly 95% of enterprises are optimistic or cautiously optimistic about their future prospects.

  The Spanish "Economist" quoted the investment community's point of view: "We have seen China's domestic consumption continue to pick up, and consumer confidence is increasing. Now it is not a question of whether to invest in China, but how much to invest in China. "

  The Wall Street Journal cited data estimated by the United Nations Conference on Trade and Development and pointed out that China’s global share of FDI has increased significantly to 19% in 2020, indicating that China is “accelerating its move toward the center of international finance”.

The report also pointed out that as the spread of the new crown pneumonia epidemic intensifies the shift of the global economic center of gravity eastward, China is moving towards the status of the global economic center.

Li Jiabao