The Oasis of Certainty in the Eyes of Foreign Investment
2025-04-27
In today's world, certainty is increasingly becoming a scarce resource. Currently, China injects stability and certainty into the world through high-quality development and high-level opening up, continuing to be a fertile ground for foreign investment and development. According to data from the Ministry of Commerce, China's actual use of foreign investment in March increased by 13.2% year-on-year. At the same time, 12603 foreign-invested enterprises were newly established nationwide in the first quarter, a year-on-year increase of 4.3%. How do foreign institutions view the prospects of the Chinese economy? How to further expand into the Chinese market? Xinhua News Agency reporters have recently conducted in-depth research on the current status of foreign investment and development in China. The stable anchor tower crane for world economic growth extends its long arm to freely lift equipment, and the hundred meter high chemical plant rises like a towering pillar, with welding, cutting, and roaring sounds intertwined... In Panjin, Liaoning, the total progress of the Huajin Aramco Fine Chemicals and Raw Materials Engineering project, jointly invested by global petrochemical giant Saudi Aramco and Chinese companies with a total investment of 83.7 billion yuan, has exceeded 60%. In recent years, Saudi Aramco's total investment in projects in China has exceeded 240 billion yuan, including the construction of large-scale chemical projects and the acquisition of 10% equity in Rongsheng Petrochemical. In an international environment full of uncertainty, China is increasingly becoming an 'oasis of certainty'. ”Saudi Aramco President Nasser, who came to China at the end of March, expressed his consideration for a huge investment in China. Saudi Aramco plans to convert 4 million barrels of crude oil into high value-added chemicals every day by 2030, and China, as the world's largest producer and consumer of petrochemical products, is an important partner for cooperation. China is not only the largest chemical market, but also the largest automobile market, the largest mobile phone market, the second largest pharmaceutical market... China's huge market size brings certain investment opportunities for foreign investment. Since the beginning of this year, American hair care brand Avanda has opened its first store in southern China in Guangzhou, fast fashion brand Zara has established its flagship store in Asia in Nanjing, retail giant ALDI has entered the Jiangsu market, and the first day performance of its Wuxi store has broken records... In the eyes of many foreign investors, the certainty of the Chinese market ultimately comes from solid economic fundamentals and a stable policy framework. China will continue to be a stable anchor and important engine for world economic growth. In the first quarter, the Chinese economy grew by 5.4% year-on-year, exceeding expectations. This is thanks to the Chinese government's increased fiscal spending, strong boost to consumption, and a series of measures to stabilize the real estate and stock markets, which provide support for the economy, "said Zhou Hongli, senior economist at DBS Bank's Economic Research Department. Bernd Einmeier, President of the German Chinese Economic, Educational, and Cultural Association, stated that the Chinese economy has maintained a relatively stable growth momentum in a complex environment, and this stability itself is an important global public good that helps hedge against global market uncertainty. According to the Global FDI Confidence Index 2025 (FDICI) report recently released by the globally renowned management consulting firm Kearney, China has ranked first in emerging markets for three consecutive years. The Chinese market is expected to become a 'stabilizer' of global business confidence with steady growth, an open attitude, and innovative vitality, "said He Xiaoqing, President of Kearney Greater China. After the high-level forum on China's development came to an end, Jeff Williams, the Chief Operating Officer of Apple, visited three "fruit chain" enterprises, GoerTek, Luxshare, and Jieshide, highlighting the advantages of the production supply chain and innovation chain. The powerful AI technology in automated manufacturing and production lines here is encouraging. ”On March 24th, at the factory of GoerTek Co., Ltd. in Weifang Optoelectronic Park Phase II, looking at the precise collaborative network composed of the robotic arm matrix and AI vision system on the iPhone 16e speaker automation production line, Williams sighed. More than 80% of Apple's top 200 suppliers worldwide have factories in China engaged in related businesses. In a silver white factory located in Rugao, Jiangsu, welding robots swing their arms to accurately complete welding points in sparks, while painting robots twist their bodies to evenly spray bright red on the white shell... This is Scania's first heavy-duty truck production base in China, and the base's prototype vehicles have been successfully produced and tested nationwide. This is Scania's largest overseas investment in over 60 years, which will break through capacity bottlenecks and inject new momentum into our global production system. ”Scania Asia Industrial Operations President De Vries said that the base is expected to officially start production in the fourth quarter of this year, with an annual design capacity of 50000 vehicles. At the 2025 Shanghai Auto Show, century old French automotive parts supplier Faurecia brought multiple latest technologies such as high-voltage inverters, digital signal taillights, and projection light curtains, many of which were developed in China and showcased globally. We have 13 research and development centers in China with over 4500 engineers, and all core technology platforms have achieved localized development. ”Gu Jianmin, Chief Technology Officer of Valeo China, said, "We regard the fiercely competitive Chinese market as a 'gym' and constantly hone our strength." Xing Ziqiang, Chief Economist of Morgan Stanley China, believes that China's ability to integrate industrial chains is almost irreplaceable globally, whether in terms of engineer supply, industrial supporting capabilities, or scale advantages. Toyota announced an investment of 14.6 billion yuan to produce Lexus pure electric vehicles and power batteries in Shanghai; AstraZeneca announced a $2.5 billion investment to establish its sixth global strategic research and development center in Beijing; The Siemens Xcelerator Industrial Ecological West Center has been put into operation in Chengdu, helping Chinese enterprises with digital and low-carbon transformation... More news of foreign investment increasing in China is continuing to come. Institutional openness injects more certainty. In March of this year, Shanghai Deda Hospital, a subsidiary of Swire Group, obtained the first foreign-owned cardiovascular specialty hospital practice license in China. The continuous opening up of China's service industry has brought new development opportunities for foreign-funded enterprises such as Taikoo, injecting confidence into our continued cultivation of the Chinese market, "said Jiang Yida, Chairman of Taikoo China. With the implementation of zero restrictions on foreign investment in the manufacturing industry, China has expanded its focus of opening up to the service sector. As of March, 13 foreign-funded enterprises have been approved for value-added telecommunications services, over 40 foreign-funded enterprises have implemented biotechnology projects, and 3 newly established wholly foreign-owned hospitals have been approved. The opening up of the financial sector also ushered in new progress: since this year, UBS Group has increased its shareholding in UBS Securities from 67% to 100%, and newly established financial institutions such as France Pakistan Securities and Shanghai International Reinsurance Registration and Trading Center Co., Ltd. have collectively opened in Shanghai... Since this year, a series of opening measures of "planting trees to attract phoenix" have been continuously launched: allow foreign investment companies to use domestic loans to carry out equity investment, continue to steadily expand the scope of unilateral visa free countries, and pilot the cancellation of restrictions on foreign shares in service businesses such as app stores and Internet access... 2025 The "Action Plan for Stabilizing Foreign Investment in the Year" has introduced 20 measures to stabilize foreign investment, the "Comprehensive Pilot Work Plan for Accelerating the Expansion and Opening up of the Service Industry" has clarified 155 pilot tasks, and the "Opinions on Implementing the Strategy to Enhance Free Trade Pilot Zones" has made systematic arrangements for the construction of free trade pilot zones... The level of institutional openness continues to improve, opening up new space for the development of foreign investment in China. For German companies, China is not only a huge market, but also an innovation hub and production base. ”Ma Mingbo, Executive Director of the East China Region of the China German Chamber of Commerce, said that the Chinese government attaches great importance to the development of foreign investment in China, and China has a favorable business environment, which has attracted many German companies to invest in China for a long time. China is steadily advancing along an exciting path of development. We are always full of confidence in the enormous opportunities for China's vigorous development. ”Nasser said. (New Society)
Edit:Yao jue Responsible editor:Xie Tunan
Source:XinhuaNet
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