Recently, the Ministry of Commerce released a "year-on-year increase of 37.7 billion yuan" in the amount of foreign investment, a year-on-year increase of 37.7 billion yuan. Last year, China's investment attraction reached a record high base, superimposed on the impact of the recent epidemic in many places in China. Such achievements have not come easily, which once again confirms foreign investors' confidence in investing in China. Many heads of foreign-funded enterprises said that China's sound economic fundamentals and rich policy toolbox have given enterprises the confidence to continue to cultivate the Chinese market and strengthen business layout. Looking ahead, China remains the main "safe haven" for global investors. Higher quality and more balanced utilization of foreign capital Recently, in response to the epidemic in some areas, Boxi home appliances launched a closed-loop production management mode in some factories and resumed production in an orderly manner. "With the strong support and coordination of relevant government departments, we have obtained the vehicle pass, implemented the closed-loop management of truck drivers, fully guaranteed the stable operation of the supply chain, and ensured the continuous operation of the business and the timely delivery of orders." The relevant person in charge of Boxi household appliances told reporters that in fiscal year 2021, the revenue of Boxi household appliances in the Chinese market increased by 17%, helping the group's revenue performance to a new high. "The Chinese market is the largest market of Bosi household appliances in Asia and Africa." The person in charge said. "The uncertainty of the epidemic has brought us great challenges, but Diageo has confidence in China's victory over the epidemic and the sustainable development of the enterprise." AI Enhua, managing director of Diageo China, told reporters that enterprises actively participate in the work of epidemic prevention and control, and strive to promote the development of the industry while paying attention to the health of employees. "Diageo has cultivated the Chinese market for 20 years and achieved steady growth of its local business. In the past five years, China has developed into one of the three global strategic markets of Diageo group." Ian Hua said. Continue to plough deeply and increase investment. The bright data of China's utilization of foreign capital in the first quarter of this year is a true portrayal of the confidence of Boxi household appliances and other foreign enterprises in the Chinese market. Not only is the total utilization of foreign capital growing, but also the structure is being optimized, with higher quality and more balanced. Hong Junjie, vice president of the University of international business and economics, told our reporter that the rapid growth of investment in high-tech industries is a distinctive feature of China's current utilization of foreign capital. Data show that in the first quarter, China's high-tech industry actually used 132.83 billion yuan of foreign capital, 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%. "This shows that China's domestic high-tech industry has a strong attraction for foreign investment under the background of building an innovative country and self-reliance in science and technology." Hong Junjie said. From a regional perspective, the central region has witnessed rapid growth in attracting investment. In the first quarter, the actual use of foreign capital in eastern, central and Western China 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 cities) achieved more than double-digit growth. "In the past, the eastern region attracted more foreign investment. Now the central region, especially some provincial capitals, has a high degree of economic activity and is becoming more and more attractive to foreign investment." Hong Junjie said, "this is a very positive signal that the echelon development of China's investment attracting regions is more balanced and has great potential." "It is worth noting that the data on the use of foreign capital in the first quarter still achieved double-digit growth above the high base of last year. This achievement is particularly difficult under the external shocks of the global economy, such as anti globalization, the century epidemic and geopolitical conflicts, combined with the impact of the recent domestic epidemic." Hong Junjie believes that "this reflects that China's economic fundamentals are still good, the market is relatively stable, and foreign capital is optimistic about the growth of the Chinese market, the economic prospect and market potential of China's long-term and stable development." "These measures have strengthened our confidence in continuing to invest in China." In the interview, the reporter found that although the epidemic had an impact on the production and operation of foreign-funded enterprises in some areas, many foreign enterprises still insisted on developing in China. Where does this attraction come from? Good fundamentals have strengthened the determination of foreign-funded enterprises to deeply cultivate China. "This year, China's economic growth target is set at about 5.5%, which is still far higher than the possible growth rate of major economies. The fundamentals of China's overall economic development are good, making foreign-funded enterprises more confident in developing in China." Hong Junjie believes that China's epidemic prevention and control measures have been effective and have also provided a better guarantee for the production and operation of foreign-funded enterprises. The high-tech industry gives birth to new growth points and opens up broader market prospects for foreign-funded enterprises. "Invest another 100 million this year!" The person in charge of Germany's Kah told our reporter that under the background of various uncertain factors in the global economy, Kah's business in the Chinese market has still achieved rapid growth. "Based on this, we will build the world's first high-tech R & D center in the core of Suzhou Industrial Park and further take root in China." The official said that R & D and innovation are the driving force for Kah to achieve sustainable development and the focus of its development in China in recent years. The global R & D center, which covers an area of 13000 square meters and focuses on high technologies such as big data and artificial intelligence, is not only another exploration of Kah's new growth model, but also the best proof of its confidence in China's economy and market. The escalating domestic consumption demand has enhanced its attraction to foreign investment. Recently, Tyson Foods, a global meat giant, launched a variety of halogen snacks with innovative flavors for the Chinese market. The person in charge of the enterprise said that with its innovative production method and unique taste, this series of new products have won the favor of consumers, and the sales are very considerable. "Chinese consumers expect more diversified high-quality goods, which provides us with a lot of market opportunities." The continuously improved business environment will release more policy dividends for foreign enterprises. "In recent years, the implementation of a series of preferential policies such as tax incentives and the continuous strengthening of intellectual property protection have made us clearly feel that China's business environment is constantly improving." The relevant person in charge of Kah, Germany, said that with the development of Internet technology in government affairs and in the face of repeated epidemics, the "approval without meeting" mode implemented by government departments has broken through the time and space constraints, liberated human and material resources and provided great convenience for enterprises. "These measures have strengthened our determination to continue to invest in China." The person in charge said. Ye Lin, a professor at the Law School of Renmin University of China, told our reporter that since last year, 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 business environment, which has increased the intensity of opening to the outside world and enhanced the attraction to foreign investment. The report on new progress in China's intellectual property protection and business environment (2021) released recently shows that in 2021, foreign applicants obtained 110000 invention patents in China, an increase of 23% year-on-year; 194000 trademarks were registered, a year-on-year increase of 5.2%. "China has become one of the 10 economies with the largest improvement in the global business environment for two consecutive years, which shows that our achievements in this regard are obvious to all, and it is also the foundation for foreign-funded enterprises to dare to come and are willing to come to China." Ye Lin said. "Building the future with Chinese industrial partners" Recently, the domestic epidemic has occurred frequently, the global economic situation is still uncertain, and some foreign-funded enterprises have also been affected. Some enterprises have encountered certain obstacles in cross-border personnel flow, and some enterprises have difficulties in capital and logistics. Shu jueteng, spokesman of the Ministry of Commerce, said that the Chinese government attaches great importance to this. Under the foreign trade and foreign investment coordination mechanism, the Ministry of Commerce has set up special classes for key foreign investment projects. The Ministry of Commerce, together with relevant departments and local governments, has actively taken 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, personnel entry, logistics and transportation. All localities are also making every effort to "stabilize foreign investment" according to the situation. The way for foreign businessmen to negotiate offline meetings was blocked. Shandong innovated the way of attracting investment, created a series of activities of "connecting Shandong with the world's top 500", attracted investment "continuous chain" and served enterprises "continuous line". In the first two months of this year, Shandong actually used foreign capital of US $3.29 billion, an increase of 45.6% year-on-year. Zhejiang has carried out precise investment attraction in the industrial chain, promoted the "strong" and capital attraction simultaneously, and attracted high-quality foreign investment projects. Among them, the American Johnson & Johnson "ophthalmology innovation chain" project, which has been landed in Wenzhou, is attracting relevant ophthalmology industries to settle down; The AstraZeneca regional headquarters in Hangzhou will attract a number of affiliated enterprises in the pharmaceutical industry. Guangdong province encourages financial institutions to actively meet the needs of foreign-funded enterprises and improve the cross-border financial service level of foreign-funded enterprises. Since 2021, eight banking institutions such as CDB have granted loans of more than 300 billion yuan to key foreign-funded enterprises (projects) in Guangdong. In the first two months of this year, the actual utilization of foreign capital in Guangdong's manufacturing industry and high-tech industry increased rapidly, with a year-on-year increase of 68.4% and 55.6% respectively. Foreign funded enterprises have generally good expectations for the Chinese market and said they will continue to overweight China. The relevant person in charge of Bosi household appliances is full of confidence in the resilience of China's economy and the future of China's market. "As China continues to promote the comprehensive deepening of reform in breadth and depth, we deeply feel that China's investment environment is becoming more and more free, more and more fields are open to foreign investment, and favorable policies and regulations are constantly issued." The person in charge said. "China is in a critical period of low-carbon transformation, and digital transformation is accelerating. How to realize transformation and upgrading and sustainable development has become a 'must answer' for enterprises, which is where Schneider Electric's mission and technical expertise lie." Yin Zheng, global executive vice president of Schneider Electric and President of China, told reporters, "we will continue to strengthen our layout in China. In the future, we will also rely on the global green design center in China to continue to strengthen the ability of green innovation and build a sustainable future with Chinese industrial partners." (Xinhua News Agency)