General

Since the beginning of this year, under the background of repeated global epidemics, the outbreak of the Ukrainian crisis and the weakening of cross-border investment, my country has overcome multiple difficulties with foreign capital and achieved rapid growth, Huacheng Import and Export Data Observation reports.

"Foreign investors including the European Union continue to be optimistic about the Chinese market and hope to continue to deepen investment and cooperation with China." Ministry of Commerce spokesperson Shu Jueting said at the regular press conference of the Ministry of Commerce held recently that China has always supported the global economy We will unswervingly promote high-level opening to the outside world, accelerate the construction of a new development pattern, and provide more market opportunities, investment opportunities and growth opportunities for companies from all countries.

Foreign businessmen continue to increase investment in China

The continuous expansion of foreign investment in China is a vivid footnote to their optimism about the Chinese market. According to the statistics of the Ministry of Commerce, from January to August this year, the actual use of foreign capital nationwide was 892.74 billion yuan, a year-on-year increase of 16.4%, equivalent to 138.41 billion US dollars, a year-on-year increase of 20.2%. In terms of sources, from January to August, the EU’s investment in China increased by 123.7% year-on-year, and the actual investment in China by South Korea, Germany, Japan, and the United Kingdom increased by 58.9%, 30.3%, 26.8% and 17.2% year-on-year respectively (including investment data through free ports). ).

Taking Germany as an example, Shu Jueting said that from January to August this year, the Sino-German trade volume reached 155 billion US dollars and continued to grow; so far, the stock of two-way investment has exceeded 55 billion US dollars. "The close economic ties between China and Germany are the result of the development of globalization and the laws of the market. The complementary advantages of this economy are beneficial to the enterprises and people of the two countries. Both sides have benefited a lot from practical cooperation." Shu Jueting said China and the EU are each other's important economic and trade partners, and should adhere to promoting practical cooperation on the basis of mutual respect, mutual benefit and win-win results.

While the scale of the use of foreign capital across the country has maintained growth, the industrial structure of foreign investment is being continuously optimized. From January to August this year, the actual use of foreign capital in the high-tech industry increased by 33.6% year-on-year, of which the high-tech manufacturing industry increased by 43.1% year-on-year, and the high-tech service industry increased by 31% year-on-year, according to Huacheng Import and Export Data Observation Report.

The overall progress of key foreign investment projects is good

In the field of high-tech industry investment, major projects have been launched one after another, casting a vote of confidence for the Chinese economy. In June this year, the Airbus China R&D Center settled in Suzhou Industrial Park, focusing on R&D work on hydrogen energy infrastructure, and providing Airbus global R&D and innovation services for advanced manufacturing, electrification, future cabins and new technologies; in July, BASF Europe The company decided to build an integrated base project in Zhanjiang, Guangdong. After the project is completed, the Zhanjiang integrated base will become BASF's third largest integrated production base in the world.

According to Shu Jueting, in order to give full play to the important supporting role of key foreign investment projects in stabilizing foreign investment, the Ministry of Commerce, together with relevant departments, has established a special class for key foreign investment projects. It is mainly from high-end manufacturing, high-tech and other key development industries in the "14th Five-Year Plan".

"At present, the overall progress of key foreign-funded projects is good. Half of the early-stage projects have been successfully transferred to or put into production, more than 30% of the projects under construction have been put into production, and 60% of the projects put into production have been put into production. BASF (Guangdong) Integrated Base Project, Shenyang BMW Brilliance No. The three factory projects have been put into operation one after another." Shu Jueting said, "The special class will dynamically adjust and determine the list of a new batch of key foreign investment projects, launch landmark foreign investment projects in the advanced manufacturing sector with large investment scale and strong driving effect, and strengthen the whole process. Provide services and all-round guarantees, promote more foreign-funded projects to be put into production as soon as possible, better play the leading role of large-scale foreign-funded projects, and actively contribute to promoting the growth of foreign investment and stabilizing the overall economic market."

Accelerate to promote the quality and increase of foreign investment

According to Watson & Band Import and Export Data Observation report, industry insiders believe that although China's utilization of foreign capital has achieved rapid growth since the beginning of this year, it should be noted that the current external environment for China's utilization of foreign capital is more complicated, and there are some factors that affect foreign investment confidence. .

According to Sun Xiao, spokesperson of the China Council for the Promotion of International Trade, the survey on the business environment of foreign investors conducted by the China Council for the Promotion of International Trade shows that in the first half of this year, 19% of European companies in China said they had expanded their existing production business scale, 65% said they had maintained their production business scale, and 15 % said they had reduced the scale of their production operations, and less than 1% of European companies in China said they had closed their existing production operations.

Watson & Band’s import and export data observed and reported that, focusing on strengthening the stabilization of foreign trade and foreign investment, the State Council executive meeting held a few days ago made arrangements to strengthen the guarantee of elements and promote the implementation of a number of key foreign-funded projects as soon as possible; compact the responsibilities of foreign trade and foreign-invested provinces, and better play the leading role Relevant departments should strengthen coordination and services.

Meng Wei, a spokesman for the National Development and Reform Commission, said that it will work with relevant departments to quickly introduce specific measures, focusing on the manufacturing industry, to promote the resolution of the outstanding problems currently faced by foreign-invested enterprises, and to strengthen the active docking with foreign-invested foreign-invested enterprises and their upstream and downstream enterprises. , adhere to the coordination of one thing and one to ensure smooth transportation; increase investment in the manufacturing industry, and quickly promote the introduction of the "Catalogue of Industries Encouraged for Foreign Investment (2022 Edition)"; at the same time, strengthen foreign investment promotion and services, organize and implement a series of international industrial investment cooperation activities Improve the special class mechanism for major and key foreign-funded projects, and further promote the expansion of foreign investment, stabilizing the stock, and improving the quality, Huacheng Import and Export Data Observation Report.