Experts： Objectively treating foreign capital fluctuations, attracting foreign investment, there are many favorable conditions
2024-02-11 19:27:37 989
People's Daily Online, Beijing, December 21 (Reporter Sun Yang) Since the beginning of this year, foreign media have strongly hyped the topics such as "China attract foreign capital decline", plus the pessimistic emotions of rendering foreign capital evacuation, and sang the Chinese economy to decline.According to the latest data released by the Ministry of Commerce on December 21, from January to November 2023, 48,078 new foreign-invested enterprises were established nationwide, a year-on-year increase of 36.2%. The actual amount of foreign capital was 1040.33 billion yuan, a decrease of 10.0%year-on-year, still living in history.High.
How to objectively treat the scale of foreign capital fluctuations?Many experts and scholars said that foreign investment has caused various reasons for fluctuations in global multinational investment downturn. Foreign data data shows that China's investment structure has continued to optimize, and some developed economies have a faster investment in my country. Essence
There are many reasons for foreign investment fluctuations
Wang Xiaohong, deputy minister of the Information Department of the China International Economic Exchange Center, said that the scale of foreign capital should be objective.Foreign fluctuations are affected by the following factors:
Global multinational investment downturn.The UNCTAD report (UNCTAD) report shows that it is affected by factors such as Russia and Ukraine's conflict, high food and energy prices, rising debt pressure, and turbulence in the financial sector.In 2022, the global cross -border direct investment scale fell 12.4%year -on -year to US $ 1.3 trillion, only about 60%of the historical high (in 2015 and 2016, which exceeded US $ 2 trillion). In 2023, it still faced large downward pressure.
The external environment has changed profoundly.The geopolitical risks have risen significantly. Some countries have promoted the return of industries and funds to introduce restrictions on investment in China.At the same time, developed countries and emerging economies have issued a strong preferential policy, and the international competition for investment promotion has become increasingly fierce.According to UnCTAD statistics, as many as 102 investment incentive policies issued by countries in 2022, an increase of more than 50%year -on -year.
The impact and impact caused by the epidemic have not faded.The epidemic blocked offline investigations and exchanges, causing multinational companies to lack understanding of the actual situation in China, and even misunderstandings of misunderstandings to a certain extent, affecting investment decisions.Since the beginning of this year, the number of new foreign -funded enterprises has grown rapidly, but foreign investment, especially Greenland Investment, will have a longer process. During this time, foreign capital generally has reached capital according to the progress of project construction. Data fluctuations are normal.
As the scale of foreign capital increases to high, the growth rate of foreign capital has slowed down.In the early days of reform and opening up, local companies were relatively weak, overseas capital flowed into China on a large scale, and foreign capital increased rapidly.Prior to 2000, the average annual growth rate of foreign capital increased by more than 20%.From 2000 to 2010, the growth rate is still faster, but as the base increases, the average annual increase has slowed to about 10%.From 2011 to 2022, it basically entered a period of slow growth, with an average annual growth rate of only 3.9%.After more than 40 years of reform and opening up, China has attracted a high level of foreign capital, ranking second in the world for 6 consecutive years.From January to November 2022, the actual scale of foreign investment in my country reached 115.609 billion yuan, which was the highest level in history.Although the scale of foreign investment from January to November this year has declined year-on-year, it is still a historical high.
With the upgrading of China's industry, labor -intensive industries have decreased.With the changes in domestic development, labor costs have risen, low -cost advantages have weakened, and some labor -intensive industries have transformed gradient transfers due to comparative advantages. This is determined by economic factors.
At the same time, with the improvement of the technical level of China's local enterprises, market competition has become increasingly fierce.In recent years, domestic electrical appliances, communication equipment, construction machinery and other fields have cases that foreign companies have forced to withdraw from the Chinese market with the pressure of competition.In the face of fierce market competition, some companies are relatively cautious for investment decisions because of risk considerations, but powerful companies will not easily abandon the Chinese market.It can be said that the Chinese market has become a stage for inspection and sharpening corporate competitiveness.
Foreign data shows a new highlight
Cao Zhongxiong, assistant to the dean of the Shenzhen Institute of Comprehensive Development and the Director of the Institute of Digital Strategy and Economic Research, said that the latest foreign data data presents the following highlights:
On the one hand, China's investment structure continues to optimize.From the perspective of the investment structure, from January to November, the high-tech industry's investment was 386.65 billion yuan, accounting for 37.2%of the actual amount of foreign capital, an increase of 1.1 percentage points from 2022.In addition, there are many highlights of investment in investment, such as medical instrument equipment and instrumental manufacturing, electronics and communications equipment manufacturing industries, respectively, respectively, respectively, respectively, and the actual use of foreign investment in the construction, R & D and design service fields increased by 32.8%and in the fields of construction, R & D and design services, respectively.9.1%.
On the other hand, from the perspective of the source, some developed economies have a faster investment in China.The actual investment in China, France, the Netherlands, the Netherlands, Switzerland, and Australia increased by 93.9%, 93.2%, 34.1%, 23.3%, and 14.3%(including through free port data), respectively.
In the future, there are many favorable conditions to attract foreign capital
Zhang Fei, deputy director of the Institute of Foreign Investment Research Institute of the Ministry of Commerce, said that looking forward to the future, my country has many favorable conditions to attract foreign investment:
The first is the attractiveness of the large -scale market.China's per capita GDP has exceeded US $ 12,000, and there are more than 400 million middle -income groups. The largest and increasing global scale is increasing. These constitute a huge and growing domestic market that will provide enterprises in various countries with a broad market space.And cooperation opportunities.Many foreign companies said that the Chinese market is not an option, but a must -have.
The second is the support of the complete industrial system.China is the only country in the world with 41 industrial categories, 207 industries, and 666 industrial small categories listed in the United Nations industrial classification. The industrial supporting capabilities and integrated advantages are extremely strong.
Third, the aggregation force of the new development pattern.In the process of building a new development pattern in my country, foreign -funded enterprises play a unique role of bridge bridges in China Unicom's international circulation and optimizing the allocation of resource elements.