"China has been, is, and will surely remain an ideal, safe and promising destination for foreign investment. Partnering with China means embracing opportunities. Having faith in China means believing in a brighter tomorrow. Investing in China means investing in the future."

On the morning of March 28, when meeting with representatives of the international business community at the Great Hall of the People in Beijing, President Xi Jinping extended a sincere invitation to foreign-funded enterprises to share opportunities and pursue common development.

Over the past 40-plus years since the reform and opening up, foreign-funded enterprises that have invested in China have not only contributed to China's economic growth and employment, promoted technological and managerial progress, and propelled China's reform and opening up, but have also generally received substantial returns and continuously grown and expanded their businesses.

For many years, China has been a major contributor to and a stabilizing anchor of global economic growth and is now comprehensively advancing Chinese path to modernization. Being "the world's second-largest consumer market", "the best application scenarios for the new round of scientific and technological revolution and industrial transformation", "a relatively sound regulatory and policy system and working mechanism for utilizing foreign investment", and "one of the world's most recognized safest countries", all these demonstrate that China is "a fertile land conducive to the investment and business operation of foreign-funded enterprises".

"China is unswerving in advancing reform and opening up. The door of China's opening up will only open wider and wider, and China's policies on utilizing foreign investment have not changed and will not change," emphasized President Xi Jinping. "It is hoped that foreign-funded enterprises will dispel their concerns, strengthen their confidence, and feel assured to develop in China and share in China's development opportunities."

The Third Plenary Session of the 20th Central Committee of the Communist Party of China has already formulated a roadmap and a timetable for deepening the reform of the management system for foreign investment and overseas investment. China will focus on lowering market access thresholds to further expand opening up; ensure that foreign-funded enterprises in China enjoy national treatment on an equal footing and maintain fair market competition; strengthen communication with foreign investors, provide them with as much convenience as possible for trade and investment in China, and protect the legitimate rights and interests of foreign-funded enterprises in accordance with the law.

"It is better to implement opening-up measures as early as possible and as quickly as possible," said President Xi Jinping when meeting with representatives of the international business community. "We will carefully study your demands and promptly address any issues that arise."

During his inspections in various localities this year, General Secretary Xi Jinping has repeatedly put forward clear requirements for promoting opening up. In Liaoning, he called on "officials at all levels to improve their ability to think, make decisions and carry out work under the conditions of opening up". In Guizhou, he emphasized that Guizhou should "take the initiative to integrate into the comprehensive opening-up pattern featuring coordinated domestic and overseas development and two-way mutual assistance between the east and the west". In Yunnan, he stressed that Yunnan "should actively promote high-level opening up and build itself into a radiation center facing South Asia and Southeast Asia".

"Partnering with China means embracing opportunities. Having faith in China means believing in a brighter tomorrow. Investing in China means investing in the future." This highly significant statement has been proven time and again by the market in the past. At a time when the global economic growth faces many unstable factors, it has also become the confidence booster for many visionary foreign investment institutions and enterprises to continuously increase their investment in China.

Since the beginning of this year, China has taken practical actions to expand the breadth and depth of opening up. In January, five departments jointly issued a document to further promote the institutional opening up of free trade zones in the financial field. In February, the Action Plan for Stabilizing Foreign Investment in 2025 was released. In March, the government work report for this year clearly stated that "foreign investors are encouraged to expand reinvestment", "the national treatment of foreign-funded enterprises in terms of factor acquisition, qualification approval, standard setting, government procurement, etc. should be effectively guaranteed", and "foreign-funded enterprises should be enabled to develop better".

"2025 will be a crucial year for the global investment community to re-evaluate China's international competitiveness," said Ma Liqin, Head of Corporate Research for Asia Pacific at Deutsche Bank. Since the beginning of this year, foreign investment institutions such as Goldman Sachs and Morgan Stanley have intensively released research reports, expressing optimistic expectations for China's economy and capital market. Germany's Handelsblatt bluntly stated: "Giving up the Chinese market means giving up the ticket to growth in the next decade."

Data from the Institute of International Finance shows that in January this year, foreign investors actively allocated assets in China. The total net inflow of foreign capital into Chinese stocks and bonds exceeded US$10 billion. Especially when emerging markets as a whole experienced significant capital outflows in that month, the Chinese market attracted a net inflow of US$2 billion.

In the first two months of this year, the actual use of foreign investment in China's e-commerce service industry, biopharmaceutical manufacturing industry, and intelligent consumer equipment manufacturing industry increased by 33.5%, 22.9% and 40.7% respectively. Since the beginning of this year, a number of major foreign investment projects have successively landed in China, with a planned investment of up to US$33 billion.

Recently, the Annual Session of the China Development Forum 2025 was held in Beijing. This year's annual session has a wider range of countries represented by participating multinational enterprises, a larger number of multinational enterprises attending for the first time, and a more comprehensive coverage of industries.

Recently, many senior executives of multinational corporations have visited China one after another, setting off a "wave of visits to China". They have been active in major economic and trade forums, industrial parks and other places in China. High-level meetings, business negotiations, inspections and investigations... Behind the busy footsteps is the widespread consensus that "deploying in China means investing in the future".

This mutual engagement not only adds warmth to the world economy, but also once again confirms that the next "China" is still China.

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