On the afternoon of the 8th, at the 2024 International Investment Forum held in Xiamen, the organizing committee of the China International Fair for Investment and Trade and other institutions jointly released the "China Bilateral Investment Report 2024". The report shows that in 2023, China's two-way investment volume will steadily increase in quality, with outstanding highlights, continuing to maintain its position as the world's second largest inflow of foreign capital, and its outward direct investment will rank third in the world. Last year, global cross-border investment flows decreased by 2%, and investment in developing economies decreased by 7%. According to statistics from the United Nations Conference on Trade and Development, China will receive $163.25 billion in foreign direct investment in 2023, accounting for 12.3% of the global total, and will continue to maintain its position as the world's second largest inflow of foreign investment. Since 2020, China's actual utilization of foreign investment has remained stable at over 12% globally. The report points out that in the face of a severe and complex international situation, China's actual utilization of foreign capital has decreased compared to the same period last year, but it still maintains its position as the world's second largest inflow of foreign capital. The scale of investment attraction is at a historical high, the structure is further optimized, and foreign-funded enterprises continue to have confidence in the Chinese market. China's investment attraction presents new highlights. The report shows that in 2023, China's high-tech industry will attract 423.34 billion yuan in investment, a year-on-year increase of 6.5%; The proportion of investment attraction in the manufacturing industry increased by 1.6 percentage points, reaching 27.9%; The number of newly established foreign-funded enterprises in China by the European Union, the United States, and Japan has all increased. In the process of high-quality development in China, multinational corporations have become important participants, witnesses, and beneficiaries. According to the report, in 2023, many foreign-funded enterprises in China achieved high growth. L'Oreal and Bosch Group's sales in China both increased by over 5%. Apple's revenue in Greater China accounted for about 20% of the total company's revenue. Merck's sales in China reached 6.71 billion US dollars, a year-on-year increase of 32%. Toyota's sales in the Chinese market exceeded 1.9 million vehicles. In 2023, China's outward direct investment reached 147.85 billion US dollars, ranking third in the world. According to the report, in 2023, China's foreign direct investment will develop steadily and healthily, its position as a major country of foreign investment will become increasingly stable, overseas Chinese funded enterprises will achieve good results, overseas investment in the manufacturing industry and investment in the "the Belt and Road" co construction countries will continue to grow, the financial industry will achieve remarkable results in "going global", and the ability and confidence of enterprises to "go global" will continue to improve. Overseas economic and trade cooperation zones have become a prominent highlight of China's outward investment. The report shows that the overseas economic and trade cooperation zone has developed rapidly, the construction scale has continued to expand, the national industrial layout has continued to optimize, and the agglomeration and radiation effect has continued to expand. It has become a vivid practice of high-quality co construction of the "the Belt and Road" and an effective carrier to strengthen international cooperation in the industrial chain supply chain. As of the end of June 2024, the overseas economic and trade cooperation zones included in the statistics of the Chinese Ministry of Commerce are distributed in 46 countries around the world, covering various types such as processing and manufacturing, resource utilization, agricultural industry, commercial logistics, and scientific research and development. The cumulative investment is nearly 80 billion US dollars, and the tax fees paid to the host country exceed 13.3 billion US dollars, creating over 550000 job opportunities for the local area. (New Society)