Source: China Business News Network
According to data from the Ministry of Commerce, the actual use of foreign capital in the country from January to April was 478.61 billion yuan, a year-on-year increase of 20.5%.
At the regular press conference held by the Ministry of Commerce on May 19, spokesperson Shu Jueting analyzed the main reasons for the steady growth of China's use of foreign capital this year. Shu Jueting said, first, the gravitational pull of the Chinese market is not diminishing. All regions and departments are coordinating the promotion of epidemic prevention and control and economic and social development. The fundamentals of economic stability and long-term improvement have not changed. The domestic market is very large, and foreign-funded enterprises are optimistic about the long-term development prospects in China. Second, the implementation of the opening-up policy has been effective. The new version of the negative list for foreign investment access has further loosened the restrictions on the proportion of foreign shares in automobile manufacturing and other fields, which has effectively driven the growth of the scale of foreign investment. Various departments actively responded to the demands of foreign-funded enterprises to facilitate business in China, and introduced a series of policy measures, including guaranteeing equal participation of domestic and foreign investors in government procurement, and extending the tax reduction and exemption policy for foreign individuals, which stabilized foreign investment expectations and confidence. The third is the continuous optimization of the investment environment. The Ministry of Commerce has fully implemented the Foreign Investment Law and its implementing regulations, thoroughly cleaned up the provisions inconsistent with the Foreign Investment Law, and promoted the revision, abolition and formulation of more than 500 regulatory documents. The foreign trade and foreign investment coordination mechanism and the special class for key foreign investment projects coordinate all parties in a timely manner, strengthen service guarantees, help enterprises solve problems, promote the construction of key projects, and continuously improve the level of marketization, rule of law, and internationalization of the business environment. At the same time, China still has strong comprehensive comparative advantages in infrastructure, human resources, and industrial facilities, which provides a good environment for the development of foreign-funded enterprises.
"At present, affected by multiple factors, my country is facing many challenges in utilizing foreign capital, but the favorable factors for attracting foreign investment have not changed. The Ministry of Commerce will thoroughly implement the decisions and arrangements of the CPC Central Committee and the State Council, and work with all localities and relevant departments to continue to make every effort to We will stabilize the work of foreign investment and provide a better environment and better services for foreign-funded enterprises to develop in China." Shu Jueting said.
Ministry of Commerce: The implementation of the opening-up policy is effective
Date:2022-05-20 Hits:47
