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    Releasing lasting appeal to the world

    2021-06-15 | Pageviews: CHANGZHOU FOAN M AND E CORPORATION
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    One belt, one road to China's opening up, was 2021. In the opening up, China clearly adhered to the wider opening up to a wider scope and wider scope, and opened up to the outside world in a more extensive and wider way. Relying on the super market advantage, promoting international cooperation, achieving mutual benefit and win-win results, we promoted the joint development of "one belt and one road" and made a steady progress and promoted the building of a community of human destiny.

    We will open to the outside world at a higher level and attract more foreign investment into the Chinese market. According to the previous report released by the United Nations Conference on Trade and development, in 2020, global foreign direct investment dropped by 42% year on year, but China's foreign investment rose against the trend, becoming the world's largest foreign capital inflow country. Since the beginning of this year, China has continued to maintain a strong momentum in attracting foreign investment. From January to April, 14533 new foreign-invested enterprises were set up nationwide, with a year-on-year growth of 50.2% and an increase of 11.5% over the same period in 2019; The actual use of foreign capital amounted to 397.07 billion yuan, up 38.6% year on year and 30.1% over the same period in 2019. In the financial sector, the inflow of foreign capital has also reached a new high. Foreign capital has accelerated to flow into the A-share market through Shanghai Hong Kong stock connect, Shenzhen Hong Kong stock connect and other channels.

    Under the background of global "cold", why can China attract foreign investment to rise against the trend and become a "stabilizer" and "haven" for transnational investment? It can be analyzed from several aspects.

    China's economy took the lead in a strong recovery. China has taken the lead in controlling the epidemic, resuming work and production, and turning economic growth from negative to positive, which has provided a solid foundation and guarantee for stabilizing foreign investment. At the same time, the state has launched a series of positive and effective trade and investment facilitation measures to further open up some industries, promote the increase of new investment, and play an important role in leading and promoting the global economic recovery. For example, in terms of the negative list of foreign investment access, the negative list of the national version in 2020 will be reduced by 17.5% compared with the previous year; The construction of Hainan free trade port and the further expansion of the pilot free trade zone have greatly boosted the confidence of foreign investors in China.

    The attraction of RMB assets has increased. China's economy has taken the lead in recovery, and the internationalization of RMB has been steadily promoted, which has made RMB recognized by more countries in the world, and RMB assets have become highly attractive high-quality assets.

    The advantages of industrial chain and supply chain are obvious. China has a complete manufacturing system, which can complete the whole process of R & D, design, production and commercialization. The advantage of complete industrial chain is obvious. At the same time, China has the advantage of super large scale market. Therefore, despite China's novel coronavirus pneumonia epidemic, multinational companies have not chosen to leave China, but have maintained and further increased investment in China.

    Through a series of practical measures, China is demonstrating to the world its firm determination to support economic globalization and implement opening up. The successful signing of the regional comprehensive economic partnership agreement (RCEP) and the completion of the China EU investment agreement negotiations on schedule have increased the certainty of foreign investment in China, provided institutional guarantee for the protection of the legitimate rights and interests of foreign enterprises, created a more fair, orderly and dynamic business environment for enterprises, and greatly enhanced the confidence of foreign investment.

    Looking forward to the future, China is still faced with a complex and severe situation. To continue to maintain its strong attraction to foreign investment, we should continue to expand the high level of opening up, innovate the ways of attracting investment in the industrial chain, enhance the level of open platform, improve the foreign investment service guarantee system, and protect the interests of foreign investors with a sound system of policies and regulations. At the same time, we should focus on high-quality development, adjust economic structure, promote industrial upgrading, encourage innovation driven, further improve our own industrial chain and supply chain, and release lasting attraction to the world.

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