In the blue sea and blue sky of Hainan, with the gradual implementation of the free trade port policy, domestic and foreign enterprises have set off an investment boom. Recently, the first batch of key projects of Hainan free trade port in 2022 were intensively signed, and key foreign-funded projects such as biomedicine appeared; In Beijing, which is full of ancient charm and fashion, benefiting from the acceleration of the construction of "two districts", the continuous improvement of high-tech transnational investment, and the digital economy has gradually become a new growth pole of Beijing's economic development... High-level opening-up attracts high-quality foreign investment. "China's covid-19 global investment in the past two years has been greatly affected by the new crown pneumonia epidemic situation and the adjustment of global industrial chain supply chain layout. However, China's utilization of foreign capital has always maintained steady growth." Minister of Commerce Wang Wentao said that China has always been a hot land for foreign investment. In 2021, China's absorption of foreign capital hit a new record, breaking through 1 trillion yuan for the first time, reaching 1.15 trillion yuan, the first double-digit growth in nearly a decade, with a growth rate of 14.9%. The proportion of investment in high-tech industries exceeded 30% for the first time. China's attraction of foreign investment remains unchanged, and international investors and multinational corporations are casting a vote of confidence in China. In the first quarter, foreign investment increased rapidly At present, a modern automobile factory is stepping up construction in Tiexi District of Shenyang, which is BMW's third complete vehicle factory in Shenyang. BMW Group's investment in the Chinese market continues to increase. "The importance of the Chinese market is increasing. China's technological development, especially in digital, is leading the world. We hope to work with our local partners to create a win-win situation." Zipze, chairman of BMW Group, said that 2022 is still a challenging year, but it is also a milestone year for BMW Group and will continue to move towards higher goals in China. Since 2021, China has launched a series of policies to stabilize foreign investment, including further reducing the negative list of foreign investment access and continuously optimizing the foreign investment environment, which has strengthened the opening-up and enhanced the attraction to foreign investment. The restrictions on the proportion of foreign shares in the field of automobile manufacturing have been fully liberalized, providing a broader space for the development of foreign automobile enterprises in China. The central economic work conference stressed that efforts should be made to attract foreign investment. This year's government work report proposes to expand the scope of encouraging foreign investment and support foreign investment to increase investment in medium and high-end manufacturing, R & D, modern services and other fields, as well as in the central, Western and northeast regions. From January to March this year, China's absorption of foreign capital increased rapidly year-on-year, achieving a stable opening and double-digit growth. The actual use of foreign capital in China was 379.87 billion yuan, a year-on-year increase of 25.6%. Investment in high-tech industries increased rapidly. The actual use of foreign capital in high-tech industries was 132.83 billion yuan, a year-on-year increase of 52.9%. Among them, the high-tech manufacturing industry increased by 35.7%, and the high-tech service industry increased by 57.8%. Investment in the East, central and western regions increased in an all-round way. The actual use of foreign capital in China's eastern, central and western regions increased by 23.4%, 60.7% and 21.9% respectively year-on-year. The actual use of foreign capital in 21 provinces (autonomous regions and municipalities) has achieved more than double-digit growth. Since the beginning of this year, China's economy has continued to recover steadily, the effect of stabilizing foreign investment policy has continued to appear, and the business environment has been continuously optimized. Bai Ming, deputy director of the International Market Research Institute of the Research Institute of the Ministry of Commerce, pointed out that China has taken a series of measures to stabilize growth, stabilize expectations of all parties, and foreign investment continues to be optimistic about China's economy. Looking forward to the whole year, it is expected to maintain a steady momentum. Foreign enterprises are full of confidence in the growth of the Chinese market "BMW is very confident in the medium and long-term development prospects in China and will continue to expand its investment in the Chinese market." Zipze said that BMW's success in China is inseparable from the joint venture brilliance BMW, and the joint venture contract between the two sides has been renewed until 2040. In 2021, Standard Chartered group's New Standard Chartered Dawan District Center Project in Guangzhou began operation. "We have been investing heavily in China." Wen Tuosi, chief executive of Standard Chartered group, said, "we are applying to set up a securities company in Beijing. We have just announced an additional US $300 million of China related investment to ensure that we do our best to help our customers grasp the opportunity of China's sustained economic opening." Similarly, Hercules, a German technology company, has overcome the impact of the epidemic this year and stepped up efforts to promote nearly 10 projects with a total investment of about US $200 million in many places in China. At the centralized signing ceremony in Haikou, Zhang Meng, vice president of Greater China of Huizhi company, said that Hainan free trade port has a first-class policy environment and service concept, and I believe there will be good development prospects for investment here. In recent years, China has continued to relax market access and reduced the negative list of foreign investment access in the country and the pilot free trade zone for five consecutive years. The Ministry of Commerce recently held a symposium on foreign-funded enterprises in the automobile industry chain. The participating foreign-funded enterprises are full of confidence in the growth of the Chinese market. Some enterprises said that although the automotive industry faced challenges such as chip shortage and epidemic impact in 2021, the production and sales of China's automotive market increased by 3.4% and 3.8% respectively year-on-year. In particular, the new energy vehicle market showed outstanding performance, with production and sales of more than 3.5 million vehicles, a year-on-year increase of 1.6 times. Participating enterprises are generally optimistic about China's long-term and stable economic prospects and market potential, and said they will adhere to China as one of the most important overseas markets. "China's determination to remain open is exciting." Foreign funded enterprises welcomed China's opening-up policy and showed strong interest in China's economic development strategy. The participating enterprises generally believed that China is accelerating the realization of innovative development and green development, which is conducive to the implementation of electrification strategy by foreign-funded vehicle enterprises in China. Many enterprises said they would continue to increase investment in new energy vehicle manufacturing and technology research and development in China. The opening up of China's big market will certainly provide more opportunities for enterprises from all countries to develop in China. At the symposium, relevant enterprises also put forward specific suggestions and demands around smooth logistics and transportation, stabilizing the industrial chain supply chain, further strengthening communication in the process of policy-making, and promoting international exchanges and cooperation of industrial standards. The policy of stabilizing foreign investment is expected to be further strengthened In the special context of the epidemic, the global economic situation is still uncertain. The recent domestic epidemic is characterized by many points, wide range and frequent occurrence, which has had a certain impact on the production and operation activities of domestic and foreign-funded enterprises. How to further stabilize the growth of foreign investment? Shu jueteng, spokesman of the Ministry of Commerce, said that recently, the domestic epidemic has shown the characteristics of many points, wide range and frequent occurrence, which has had a certain impact on the production and operation activities of domestic and foreign-funded enterprises. In this regard, the Chinese government attaches great importance to the establishment of special classes for key foreign-funded projects under the foreign trade and foreign investment coordination mechanism. The Ministry of Commerce, together with relevant departments and local governments, actively takes measures to help enterprises solve possible difficulties and problems, especially foreign-funded enterprises in key areas of the epidemic, coordinate and solve specific problems such as resumption of work and production, entry of personnel, logistics and transportation. Through the joint efforts of all parties, the difficulties reflected by some enterprises have been alleviated one after another. "In the next step, we will continue to pay close attention to the epidemic situation, give further play to the role of special classes for key foreign-funded projects, work with relevant departments and local governments to respond quickly to new situations and problems reflected by foreign-funded enterprises, coordinate and solve them in time, and help enterprises realize stable and orderly operation." Shujueting said. From the perspective of the whole year, what measures will China take to stabilize the scale of foreign investment and optimize the structure of foreign investment? Wang Wentao pointed out that to further expand high-level opening-up and further optimize the business environment, we should mainly focus on two aspects: one is to maintain stability and the other is to promote excellence. Maintaining stability means stabilizing stock and promoting increment. In the future, foreign capital market access will be further relaxed. In addition, we will give full play to the role of investment attraction of some major exhibitions such as CIFIT and China International Expo, 21 pilot free trade zones, Hainan free trade port, 230 national economic open zones, and "1 + 4" service industry expansion and opening demonstration pilot areas. At the same time, the special class for key foreign investment projects of the foreign trade and foreign investment coordination mechanism will continue to provide more services in helping enterprises stabilize investment, production and operation, and promote the early signing, early production and early production of projects. Promoting excellence means optimizing structure and improving quality. In recent years, the structure of utilizing foreign capital in China has been continuously optimized on the whole, but the scale and proportion of attracting foreign capital in manufacturing industry have shown a downward trend. In this regard, in the next step, the Ministry of Commerce will promote the strengthening of support for attracting foreign investment in the manufacturing industry, revise and expand the catalogue of industries encouraging foreign investment, and guide more foreign investment in advanced manufacturing, strategic emerging industries, digital economy, green development and other fields. At the same time, we should implement major regional strategies and coordinated regional development strategies, support the central and western regions to give full play to their own advantages, cultivate new industries, undertake the gradient transfer of industries in coastal areas, and create a new growth pole for attracting investment. (Xinhua News Agency)