General

Huacheng Import and Export Data Observation reported that in the first eight months of this year, China attracted a total of 892.74 billion yuan (about 138.41 billion US dollars) of foreign investment, a year-on-year increase of 16.4%.

According to the import and export data, among them, South Korea's actual investment in China increased the most, reaching 58.9%. Since the establishment of diplomatic relations between China and South Korea in 1992, the bilateral trade volume between the two countries has increased nearly 60 times, not only breaking the zero two-way investment, but also achieving the current scale of nearly 100 billion US dollars.

Especially this year marks the 30th anniversary of the establishment of diplomatic relations between China and South Korea. South Korea said that the Chinese market has unlimited potential and space, and South Korean companies should continue to enter the Chinese market instead of "fleeing".

Huacheng Import and Export Data Observation reports that the trade volume between China and South Korea has continued to break through, from 10 billion US dollars, 200 billion US dollars, and 300 billion US dollars. According to such a positive trend, some experts predict that the trade volume between China and South Korea is expected to exceed 400 billion US dollars this year, and it is entirely possible to achieve a trade volume of 500 billion US dollars in the future.

The import and export data also shows that Germany is closely followed by South Korea, and its investment in China has increased by 30.3% this year. Relevant research data shows that the increasing trend of European companies' investment in China in the past two years has become more and more obvious, and German companies have the most prominent share in the Chinese market. It is reported that in the first half of this year, Germany's direct investment in China reached 10 billion euros (about 9.9 billion US dollars), and the momentum of German companies to increase investment in China is still strengthening.

From 2018 until 2021, Germany's three major automakers, Volkswagen, BMW and Mercedes-Benz, as well as chemical group BASF Group, will account for 34% of Europe's total direct investment in China, and all four companies are investing in China. leading position.

According to the import and export data, Japan and the United Kingdom have also entered the arms of the Chinese market, and their actual investment in China has increased by 26.8% and 17.2% respectively.

There is no doubt that countries all over the world have seen the advantages of the complete industrial chain and huge scale of the Chinese market, but under the background of such a "rainy and rainy" global economy, who would miss the "attractive cornucopia" of China?