The Spring Festival holiday has just passed, and new trends in foreign investment projects are constantly emerging. Many foreign investors are accelerating their expansion of business in China. In the deployment of the new year's work, relevant departments and local governments have repeatedly mentioned stabilizing foreign investment. Experts believe that foreign investment's optimism towards the Chinese market is inseparable from the steady improvement of the Chinese economy and the continuous promotion of high-level opening up. With the implementation of more measures to stabilize foreign investment, foreign investment confidence will be further enhanced. On February 18th, the first day of the Chinese New Year, the Guangdong High Quality Development Conference was held in Shenzhen. During his on-site speech, Tan Ranke, Chairman of ExxonMobil China, revealed the latest progress of ExxonMobil's Huizhou ethylene project. On the first day of the Chinese New Year, the South China Manufacturing Base Project (Phase I) of Saiwei Industrial Reducer (Foshan) Co., Ltd. officially started construction in Shunde. This is also the third manufacturing base built by the company outside of Tianjin and Suzhou - SEW South China Manufacturing Base. The total land area of the project is about 392 acres, and it will be promoted in two phases. The cumulative rolling investment will exceed 10 billion yuan. On February 19th, Bishan District, Chongqing held a concentrated signing and commencement event for major investment projects, with foreign-funded enterprises Global Magic and Inc's wafer transmission product research and development production line among them. On the same day, the main project of the Sino foreign joint venture project with a total investment of 44.8 billion yuan, the Zhongsha Gulei Ethylene Project, started construction at the Gulei Petrochemical Base in Zhangzhou, Fujian, and is expected to be completed by 2026. There are also projects under intensive preparation. Just after the Spring Festival holiday in the the Year of the Loong, Herbalife stepped up its project to set up a GBS (Global Business Service) center in Dalian. The company leader introduced to the reporter that in order to further embrace the vast market space and opportunities in China, Herbalife will accelerate project construction, concentrate transaction and process related functions in the center, and improve work efficiency and standardization. According to Nie Pingxiang, a researcher at the Research Institute of the Ministry of Commerce, from recent trends, the high-quality characteristics of foreign investment are obvious. "The continuous signing and landing of major foreign investment projects in production and manufacturing, as well as the accelerated pace of foreign investment establishing research and development centers and regional headquarters in China, all reflect the long-term prospects of foreign enterprises' optimism towards the Chinese market," she told reporters. According to data from the Ministry of Commerce, the actual amount of foreign investment used in China in 2023 was 1133.91 billion yuan, although there was a year-on-year decrease, it still maintained a scale of trillions and was at the third highest level in history; The investment structure continues to optimize, with high-tech industries accounting for 37.4% of the total investment, reaching a historic high; Foreign investors invested in 53766 newly established foreign-funded enterprises in China, with a year-on-year increase of 39.7%. Behind the accelerated implementation of opening-up measures to enhance confidence in foreign investment and foreign investment layout is China's continuous expansion of high-level opening-up. From the continuous reduction of negative lists for foreign investment access, to the increase of encouraged foreign investment industry directory entries, and to the improvement of normalized communication and exchange mechanisms... In recent years, a series of measures to stabilize foreign investment have added points to the Chinese market. These measures are still being continuously improved. February
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