The actual investment in China from the United States and the European Union in 2022 will increase by 15.6% compared with 2018 – Xinhuanet
Xinhua News Agency, Beijing, September 14 (Reporter Xie Xiyao) Ministry of Commerce spokesperson He Yadong said on the 14th that according to statistics from the Ministry of Commerce, the actual investment in China by the United States and the European Union totaled 74.4 billion yuan in 2018 and 86 billion yuan in 2022. An increase of 15.6% compared with 2018. From January to July this year, actual investment in China from the United States, Germany, France, the United Kingdom, Sweden and other countries was still growing.
The Ministry of Commerce held a regular press conference that day. He Yadong made the above response when answering a reporter’s question about the decline in new investment from the United States and Europe in China. He pointed out with objective data that the reporter mentioned the significant decline in investment from the United States and Europe in China. This is not true. He said that overall, the Chinese market remains highly attractive to foreign investment. Since the beginning of this year, many multinational company executives have visited China intensively. They generally stated that the Chinese market is not an “optional” but a “must have” and they will continue to increase investment in China and deepen their exploration in the Chinese market.
In response to the recent remarks by U.S. Commerce Secretary Raimondo that the United States will restrict the sale of the most advanced chips to China, He Yadong responded that the U.S. measures to restrict the export of chips to China violate market rules and fragment the global semiconductor market. They not only harm the legitimate rights and interests of Chinese companies, but It has also seriously affected the interests of global semiconductor companies, including U.S. companies. China is the world’s largest semiconductor market. Artificial restrictions on economic and trade exchanges between China and the U.S. semiconductor industry will harm others and not benefit ourselves. China has always adhered to openness, inclusiveness, and win-win cooperation, and will continue to increase its efforts to open up and promote global scientific and technological exchanges and economic and trade cooperation.
Recently, the European Commission announced the implementation details of the transition period of the EU carbon border adjustment mechanism, which will officially come into effect on October 1. In response to this, He Yadong responded that since the EU proposed the carbon border adjustment mechanism, it has received attention and doubts from many WTO members. China has always believed that relevant policies should comply with the basic principles and rules of the WTO and avoid protectionist measures and green trade barriers. Within the framework of the WTO, China is working with all parties to promote multilateral discussions on green trade policies. As an important trading partner of the EU, China hopes that the implementation of relevant EU policies and measures will adhere to the principles of fairness, justice and transparency, abide by WTO rules, and reduce the negative impact on trade.
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[Editor in charge: Zhou Chuqing]
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2023-09-14 12:55:01
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