On February 16, Shu Jueting, the spokesman of the Ministry of Commerce, said at the regular press conference of the Ministry of Commerce that the actual amount of foreign capital used by China in 2022 would be 1232.68 billion yuan, up 6.3% year on year. The investment from major sources would increase generally, and the door of China's opening would be wider and wider. In response to "some foreign media reports that the Biden government will prohibit American enterprises from investing in some Chinese companies, what is the understanding of the Ministry of Commerce and whether it will respond?" In response to this question, Shu Jue-ting said that a government intervenes in the normal business decision-making of enterprises through administrative means, which destroys market rules and international economic and trade order, damages the interests of enterprises and investors, and is not conducive to China and the United States, Not good for the whole world. In 2022, China's actual use of foreign capital amounted to 1232.68 billion yuan, up 6.3% year on year. We will continue to build a market-oriented, law-based and international business environment, and welcome enterprises from all countries, including American enterprises, to invest in China and share the development dividend. In fact, the Ministry of Commerce has mentioned "openness" many times recently. For example, Assistant Minister of Commerce Chen Chunjiang said at the European Enterprise Symposium on February 9 that the Ministry of Commerce will continue to promote the liberalization of foreign capital market access, steadily expand institutional opening, and constantly improve the level of opening. Meng Huating, head of the Department of Foreign Investment Management of the Ministry of Commerce, also said on February 2 that she would promote the rational reduction of the negative list of foreign investment access and increase the opening of the modern service industry. Another media asked, "In 2022, the total trade in goods between China and the United States reached 690.6 billion US dollars, a record. Although some politicians in the United States advocated the full decoupling of the economy between China and the United States, the trade between China and the United States is still very close. What is the comment of the Ministry of Commerce on this? What is the prediction of the future of China-US trade this year?" In this regard, Shu Jue-ting said that China-US economic and trade cooperation concerns the vital interests of the two peoples, It plays an important role in global economic growth. In 2022, the statistics of both sides showed that the trade volume between China and the United States reached a record high, showing strong resilience. This fully demonstrates the essence of highly complementary economic structures and mutually beneficial economic and trade cooperation between China and the United States. "We have noticed that the American Chamber of Commerce in China recently said that for American enterprises, the Chinese market is not an 'option', but a 'must'. The Chamber of Commerce will seize new development opportunities together with its member enterprises. The National Committee on US-China Trade believes that the 'linkage' between the United States and China is a good policy for the benefit of the people of the two countries. China will always adhere to open cooperation and provide opportunities for the world with its own development," Shu Jueting said. Speaking of the exchange between China and Iran in economic and trade cooperation in recent years, Shu Jueting said that China and Iran are important economic and trade partners. In recent years, bilateral economic and trade relations have overcome the impact of adverse factors and maintained steady development. In 2022, the trade volume between China and Iran reached 15.8 billion US dollars, up 7% year on year. China has become Iran's largest trading partner for 10 consecutive years. Both sides should give play to the complementary advantages of economy and trade, promote the joint construction of the "the Belt and Road", and make positive contributions to the economic and social development of the two countries and regions. Shu Jueting said that in the next step, China will work with Iran to implement the important consensus reached by the two heads of state in the economic and trade field, deepen practical cooperation in trade and other fields, and import more high-quality Iranian products
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：Securities Dairy
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