Stable foreign investment benefits intensive release of foreign enterprises continue to be optimistic about China
2022-02-10
Increase R & D investment in China, promote project construction, add demonstration bases in central and Western China, and expand business scope with local partners... At the beginning of the Spring Festival, many foreign-funded enterprises are increasing their business layout in China. At the same time, the signals of expanding the opening-up of the Chinese market are still being released. From ministries and commissions to local governments, they have intensively issued new measures to stabilize foreign investment, increased support for foreign-funded projects, and promoted the opening-up of more fields. This has also further strengthened the determination and confidence of foreign-funded enterprises in their development in China. Schneider Electric is planning to further accelerate the business development in the digital field. The reporter learned that after the Spring Festival, the advanced production line invested and built by the company in Xiamen, the R & D entity established in Xi'an and the China software R & D center built in Yizhuang, Beijing are all in full operation to provide more digital green innovative products for the Chinese market. Yin Zheng, global executive vice president of Schneider Electric and President of China, told the reporter of Economic Information Daily that Schneider Electric is optimistic about the development space of China's digital technology and will continue to increase R & D investment in the Chinese market. He revealed that by 2021, the company's digital R & D talents in China had reached 28% of the total R & D personnel, and will further increase this year. Many foreign-funded enterprises also said that they plan to further expand their investment in China in 2022, including the layout of key policy support areas such as the central and western regions. Germany AGIS equipment manufacturing group is one of them. Zhang Yi, chairman of the group in Greater China, told the reporter of the economic information daily that the company will strive to start the construction of three equipment manufacturing projects and metal solid waste recycling demonstration bases in Beijing, Shanghai and Guangzhou within the year. At the same time, it plans to work with strategic investors to increase the demonstration bases in Chengdu and Lanzhou and introduce German environmental protection equipment manufacturing technology and waste free treatment equipment, Provide specific solutions for China to build a "waste free city" and implement the "double carbon" goal. These are only the epitome of the accelerated development of foreign-funded enterprises in China. "Reports from major foreign chambers of Commerce show that China is still one of the main investment destinations of multinational corporations." Chen Chunjiang, director of the foreign investment management department of the Ministry of Commerce, said at the press conference of the State Council Information Office on January 25 that, for example, the 2021-2022 business confidence survey report released by the German Chamber of Commerce in China shows that enterprises in China are full of confidence in the growth of the Chinese market, and 71% of enterprises plan to continue to increase investment in China. Chen Chunjiang also pointed out that at present, the external environment is becoming more complex and severe, and the work of stabilizing foreign investment still faces great challenges. In 2022, the Ministry of Commerce will make efforts to stabilize foreign investment from six aspects: expanding high-level opening-up, improving support policies, improving service levels, strengthening the role of platforms, strengthening investment promotion and optimizing the business environment, and strive to stabilize the stock, tap the increment and optimize the structure. Relevant deployment has been accelerated. The reporter learned that at present, the Ministry of Commerce, the national development and Reform Commission and other departments are accelerating the implementation of the newly released 2021 version of the negative list of foreign investment access in the country and the pilot Free Trade Zone, so as to ensure that the opening-up measures in automobile manufacturing and other fields are effective and attract more investment from multinational companies; It will also revise and expand the catalogue of industries encouraging foreign investment, give full play to the effects of preferential policies such as land and taxation, and guide more foreign investment in advanced manufacturing, modern services, high and new technology, green and low-carbon, digital economy and other fields and the central and western regions. Local governments are also making every effort to promote the signing and implementation of foreign-funded projects. On February 8, the Shenzhen Municipal Development and Reform Commission issued the "14th five year plan" for the development of Shenzhen's service industry, proposing to speed up the opening up of key areas to the outside world. Previously, Beijing issued 25 measures in seven aspects to stabilize foreign investment, and proposed to encourage foreign investors to set up R & D and innovation centers, foreign R & D headquarters and open innovation platforms in the city. Fujian has made a series of combination punches to stabilize foreign investment, further improve the positive incentive mechanism for the utilization of foreign investment, increase the work incentives for investment promotion departments at all levels, accelerate the implementation of centralized contracted projects, strengthen digital investment promotion, and vigorously carry out cloud investment promotion, cloud promotion and cloud negotiation relying on the "cloud Investment Fair". According to the statistics of Fujian Provincial Department of Commerce, 63 key foreign-funded projects are expected to be funded in Fujian in the first quarter, and the province is expected to achieve a year-on-year increase of more than 3% in the first quarter. The analysis pointed out that on the basis of the more than expected report card of China's absorption and utilization of foreign capital last year, the intensive release of higher-level opening signals and the accelerated implementation of relevant measures will further increase the attraction of the Chinese market, promote China's stable foreign capital to take advantage of the momentum and realize the double improvement of quantity and quality. According to the data of the Ministry of Commerce, in 2021, the actual amount of foreign capital used in China was 1149.36 billion yuan, a year-on-year increase of 14.9%, and the scale of attracting foreign capital hit a new record. This is also the first time that China's absorption and utilization of foreign capital has broken the trillion yuan mark. Among them, the actual use of foreign capital in high-tech industries increased by 17.1% year-on-year, and the investment in the East, central and western regions increased in an all-round way. Liu Xiangdong, deputy director of the Economic Research Department of the China Center for international economic exchanges, told the reporter of the economic information daily that the role of foreign capital in China's high-quality economic development can not be underestimated, and it is necessary to continue to introduce foreign capital and its advanced technology and management experience. He proposed that in order to better stabilize foreign investment, we should expand the increment on the basis of stabilizing the stock, meet the needs of China's economic restructuring, encourage foreign investment to increase investment in making up weaknesses, scientific and technological innovation and green development, improve quality and efficiency, and drive the supply chain and Industry to achieve high-quality development. Nie Pingxiang, a researcher at the Research Institute of the Ministry of Commerce, also told reporters that China is constantly optimizing the business environment and providing better services for foreign-funded enterprises to operate in China. Further promote the reform of release, management and service, improve the business environment assessment mechanism, and strengthen the assessment; Establish a project service guarantee mechanism for foreign-funded enterprises and refine services; Further improving the complaint mechanism of foreign-invested enterprises and better safeguarding the legitimate rights and interests of foreign-funded enterprises will create favorable conditions for the development of foreign-funded enterprises in China, further stabilize the expectations of foreign-funded enterprises and promote steady progress in China's absorption and utilization of foreign capital. Looking forward to 2022, Nie Pingxiang believes that there are broad prospects for China to absorb foreign capital in the future. For example, from the perspective of regional development, the space for foreign capital utilization in the central and western regions will continue to be released. The state is making efforts to promote the economic development of the central and western regions in order to better achieve regional balanced and coordinated development, which will provide greater opportunities and market space for attracting investment in the central and western regions. In addition, the service industry has great potential to use foreign capital. Nie Pingxiang analyzed that the service industry is the key and difficult point of China's current and future opening-up. With the improvement of the opening-up level of the service industry, especially the institutional opening-up level, the potential of utilizing foreign capital in China's service field will be accelerated. (Xinhua News Agency)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Economic Information Daily
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