General

Facing the complex environment at home and abroad, my country's continued growth in attracting foreign investment reflects the lasting attraction of the Chinese market to foreign investment. According to data released by the Ministry of Commerce on June 14, from January to May 2022, the actual use of foreign capital nationwide was 564.2 billion yuan, a year-on-year increase of 17.3%, equivalent to 87.77 billion US dollars, a year-on-year increase of 22.6%. Among them, South Korea, the United States, and Germany's actual investment in China increased by 52.8%, 27.1%, and 21.4% respectively (including investment data through free ports).

Foreign companies increase their investment in China

"The continuous growth of foreign capital is due to the stable development of my country's economy and society, and the market is running better than other international markets." Chen Zhiheng, an assistant researcher at the Chongyang Institute for Financial Studies, Renmin University of China, said that at present, the impact of geographical conflicts has caused the European financial market. Even the volatility of the global financial market has intensified. As a result, safe assets have become the first choice for the market to chase. In addition to gold and other recognized safe-haven assets, the demand for RMB in the international market has increased, which has led to the emergence of a certain degree of safe-haven properties in the RMB. RMB assets are more attractive to overseas, and the inflow of foreign capital has further accelerated.

Relevant experts said that foreign investors are optimistic about China because of the continuous release of a series of policies to stabilize foreign investment in my country, and the continuous implementation of the opening-up policy, which has stabilized the confidence of foreign investment expectations. Many foreign-funded enterprises said that they continue to be optimistic about China's huge market space, complete industrial system and continuously optimized business environment, and regard China as a major market for investment.

Recently, the French L'Oreal Group invested 100 million yuan to set up an investment company in Shanghai; Germany's Merck invested in the construction of a high-end semiconductor material integration project in Jiangsu; Siemens Healthineers China announced that the Siemens Healthineers Shanghai laboratory diagnostic plant is expected to open at the end of 2022. Shanghai Pudong completed...

Tao Lin, member of the board of directors of Siemens Healthineers and president of Siemens Healthineers Asia Pacific, said that China has always been of great strategic significance to Siemens Healthineers. It contains huge potential and also has its own unique market environment. For Merck, China is one of the most important markets, said Bi Kangming, member of Merck's executive board and chief executive of its electronic technology business. China's "14th Five-Year Plan" regards the development of the digital economy as a strategic decision to grasp the new opportunities of the new round of technological revolution and industrial transformation, which will also lay a solid foundation for the construction of a new generation of digital infrastructure in China in the future, while the vigorous development of the digital economy It also means the continued strong demand for China's semiconductor industry.

The service industry has become a hot spot for attracting investment

Statistics show that in the first five months, the actual use of foreign capital in my country's service industry was 423.3 billion yuan, a year-on-year increase of 10.8%. The actual use of foreign capital in the high-tech industry increased by 42.7% year-on-year, of which the high-tech manufacturing industry increased by 32.9% and the high-tech service industry increased by 45.4%.

Industry experts said that my country's service industry, especially the high-tech-related service industry, is a hot spot for attracting foreign investment. At present, China's real economy has entered a critical period of transformation and upgrading. During this process, my country has put forward some concepts related to innovation and green development, many of which are closely related to the service industry. At the same time, my country is promoting a higher level of opening to the outside world, and the service industry is the focus of opening up. In particular, the opening of the financial industry has lowered the threshold for capital flows, facilitated faster entry of overseas funds into China, and enhanced foreign investors’ investment in service industries. enthusiasm.

Regarding how to better attract foreign companies to invest in China in the future, Liang Ming, director and researcher of the Institute of Foreign Trade of the Ministry of Commerce Research Institute, said that on the one hand, it is necessary to help foreign companies solve the problems encountered in resuming work and production under the current circumstances, including personnel Visa issues, production and operation issues, upstream and downstream supply issues, transportation issues, etc.; on the other hand, it is necessary to speed up the sorting out and promote the introduction of more special policies aimed at solving the specific difficulties of foreign-funded enterprises, and create a better environment for foreign investment and business operations. Accelerate the implementation of major foreign-funded projects.

"In order to make investment projects go smoothly, my country needs to further improve and strengthen the infrastructure construction of international payment and settlement, especially the lack of international financial infrastructure due to regional development problems, and at the same time strengthen the construction of market transparency mechanisms and improve foreign investment confidence. "Chen Zhiheng said that we should expand the areas in which foreign investment can flow, especially to promote the in-depth development of my country's capital market, enhance the resilience of my country's supply chain and industrial chain, and tap more growth points for foreign investment.