General

According to the observation report of Huacheng's import and export data, Chengdu has introduced 15 policies and measures to promote the expansion of foreign capital and improve its quality for development; Hanzhong held a ceremony to promote and sign key foreign investment projects, and the key projects were collectively signed; Guangdong launched the Global Investment Promotion Conference and launched a series of overseas investment promotion activities; Jiangxi has strengthened the service management of foreign investment, and strives to achieve a "good start" in foreign investment in 2023. According to the observation report of Huacheng Import and Export Data, by the end of the year, many places were deploying measures to stabilize foreign investment, launching policy "combination punches" from multiple dimensions, such as increasing investment promotion, encouraging foreign investment scientific and technological innovation, and promoting foreign investment facilitation, to promote the expansion of foreign investment, stabilizing the stock, and improving the quality.

Recently, the Hanzhong Municipal Government sponsored the Hanzhong Municipal Economic Cooperation Bureau and Xi'an Association of Foreign funded Enterprises jointly held the Hanzhong Municipal Foreign Investment Key Projects Promotion and Signing Ceremony, which was successfully held through the combination of online and offline. A total of 11 foreign investment cooperation projects were signed, with a total investment of 697 million yuan. The signed foreign cooperation projects cover green food, equipment manufacturing, modern agriculture, green energy, modern commerce, biomedicine, modern materials and other industries. Huacheng Import and Export Data Observation Report.

Jiangxi Provincial Department of Commerce recently held an online training on provincial foreign investment management and statistical business in 2022 to strengthen foreign investment service management. The meeting stressed that the situation of stabilizing foreign investment this year is serious, and all regions must attach great importance to it, take powerful and effective measures, go all out to do a good job of stabilizing foreign investment in the whole year, strive for the best results, plan for next year, and strive to achieve a "good start" in foreign investment in 2023.

Chengdu issued Several Policies and Measures to Further Promote the Expansion of Foreign Investment, Improve Quality and Promote Development (hereinafter referred to as "Policies and Measures"), which introduced 15 policies and measures from five aspects: increasing investment promotion, encouraging foreign investment in science and technology innovation, promoting foreign investment facilitation, improving foreign enterprise investment protection, and improving the accessibility of preferential enterprise policies.

The Policies and Measures clearly stated that the promotion of foreign investment should be strengthened, and corresponding policy support and incentives should be given to foreign-funded industrial projects, headquarters economy of multinational companies, and intermediary agencies promoting foreign investment. Among them, in terms of support for foreign-funded industrial projects, we will encourage "chain owners" and "chain affiliated" foreign enterprises in key industrial chains such as green low-carbon, innovative drugs, high-end medical devices, new energy vehicles, and big data to come to Chengdu for development; In terms of supporting transnational corporations to develop headquarters economy, transnational corporations are encouraged to set up national headquarters, regional headquarters, research and development centers, procurement centers, settlement centers and other functional institutions in Chengdu.

There are also some places that organize investment promotion conferences, and even go overseas for investment promotion. Guangdong has opened the overseas branch of the 2022 Guangdong Hong Kong Macao Greater Bay Area Global Investment Promotion Conference since November 8, and will organize 22 overseas series investment promotion activities in three months, including 17 countries, including Germany, Britain, France, Russia, Japan, South Korea, Argentina and Canada.

Shenzhen held a global investment promotion conference on December 9, using the multi-dimensional investment promotion method of "online+offline", which attracted representatives of well-known enterprises, financial institutions, scientific research institutions, professional service institutions and key business associations such as the world's top 500 and China's top 500. A total of 315 projects were negotiated and signed, involving a total investment of 879 billion yuan.

On the same day that the Global Investment Conference was held in Shenzhen, the charter flight service to France and Germany organized by Suzhou Bureau of Commerce started. The chartered flight service is led by the main leader of the Municipal Bureau of Commerce. It is planned to communicate with many enterprises and institutions such as Siemens, Knorr Bremse, Fairfax, and Kaihui Fund during the 10 day trip, and hold a series of special promotion conferences in France and Germany.

Previously, Suzhou had carried out a chartered flight to Japan from November 17 to 23, consisting of 12 investment promotion teams and 51 senior executives of foreign trade enterprises. Each investment promotion team visited 62 enterprises and relevant institutions, and reached 32 investment intention projects with Japanese businessmen, with an intended investment amount of 1.86 billion dollars.

According to the Huacheng Import and Export Data Observation Report, Pang Chaoran, an associate researcher of the Research Institute of the Ministry of Commerce, said that China has many positive factors to attract foreign investment. For example, foreign-funded enterprises pay more attention to the development potential of the domestic market. Foreign funded enterprises engaged in upstream materials and equipment parts can also enjoy the scale development dividend of China's manufacturing industry. Foreign funded enterprises engaged in innovation and creation can also reduce marginal trial and error costs in the development of China's large market and achieve faster development.

Pang Chaoran said that in this context, strengthening the initiative of capital attraction, relying on China's super large market advantages and giving full play to local comparative advantages will further enhance the attractiveness to foreign-funded enterprises. "In the long run, China is still a hot spot for foreign investment." Huacheng Import and Export Data Observation Report.