The scene of the signing ceremony for major projects in Fujian Province at the 23rd China International Fair for Investment and Trade, taken on September 8.Photo by Xinhua News Agency reporter Lin Shanchuan
Xinhua News Agency, Xiamen, September 9th: Global investment continues to be sluggish, China is regarded as the “anchor of stability”
Xinhua News Agency reporters Yang Xiaojing and Fu Min
The “Golden Key” in front of the Xiamen International Convention and Exhibition Center is particularly eye-catching. It is the logo of the China International Fair for Investment and Trade (hereinafter referred to as the “CIFIT”), which means opening the door to wealth for global investment.
50 major projects in Fujian Province were signed together, the China Chamber of Commerce for Foreign Contractors and the National Association of Taiwan Compatriots Investment Enterprises signed a memorandum of cooperation, and Serbia and Zijin Mining signed a memorandum of understanding on two major projects, copper-gold mine development and solar power plant… It started on the 8th At the 23rd CIFIT held at the end of the year, the participants gained a lot.
At a time when cross-border investment continues to be sluggish, China’s steadily growing two-way investment is becoming an important force in promoting the stability of global investment. In the past few days, multiple reports released at this CIFIT have also confirmed this point.
Zhan Xiaoning, chief advisor to the Secretary-General of the United Nations Conference on Trade and Development and director of the Department of Investment and Enterprise, pointed out at the meeting that global direct investment will drop by 12% in 2022, with developed countries falling by 37%. At present, global investment confidence is still insufficient.
The “World Investment Report 2023” (Chinese version) released by the agency at the current CIFIT on the 9th pointed out that in 2022, “the growth of global direct investment will mainly be concentrated in several large emerging economies.”
On September 8, participants visited the exhibition area of the 23rd China International Fair for Investment and Trade.Photo by Xinhua News Agency reporter Lin Shanchuan
“China’s two-way investment provides important impetus for maintaining the stability of global industrial and supply chains and promoting global economic recovery.” said Zhang Qi, director of the Foreign Economic Research Department of the Development Research Center of the State Council.
The “China Two-Way Investment Report 2023” released by the agency on the evening of the 8th pointed out that China’s two-way investment in 2022 will maintain a steady and progressive trend, and at the same time play a demonstration role as a major two-way investment country, injecting new momentum and confidence into global cross-border investment, and providing global support for cross-border investment. Make a positive contribution to the stability of the industrial chain and supply chain.
From the perspective of introducing foreign investment, the latest data from the Ministry of Commerce show that in the first seven months of this year, 28,406 new foreign-invested enterprises were established across the country, a year-on-year increase of 34%; the actual use of foreign investment in high-tech industries increased by 3.8% year-on-year, including high-tech manufacturing. An increase of 25.3%.
“The momentum of China’s economic recovery has brought great opportunities to the tourism industry, and we are very confident in our future development in China.” Lu Haiqing, chief corporate affairs and strategic relations officer of InterContinental Hotels Group Greater China, said that China is promoting the stabilization of foreign investment, In the context of pro-consumption policies, communication and exchanges are enhanced through platforms such as the CIFIT, creating a better business environment for foreign investment and allowing Intercontinental to find more cooperation opportunities.
In recent years, various regions in China have continued to optimize the business environment and continue to provide more convenience for foreign investment. Recently, the State Council issued the “Opinions on Further Optimizing the Foreign Investment Environment and Increasing Attraction of Foreign Investment”, proposing to “create a market-oriented, legal and international first-class business environment.”
Chen Wenling, chief economist of the China Center for International Economic Exchanges, pointed out that the highly operational and pragmatic policies to encourage foreign investment that have been introduced have protected the legitimate rights and interests of foreign-invested enterprises and optimized the business environment for foreign investment. Foreign investors have been optimistic about China. , the lasting effects of investing in China and developing with China.
The opening ceremony of the 23rd China International Fair for Investment and Trade and 2023 International Investment Forum was filmed on September 8.Photo by Xinhua News Agency reporter Lin Shanchuan
Chinese companies are also actively carrying out overseas investment and cooperation. According to data from the Ministry of Commerce, as of the end of 2022, the stock of overseas direct investment by Chinese enterprises was US$2.8 trillion, ranking among the top in the world. In recent years, Chinese-funded enterprises have paid an average of more than 50 billion US dollars in taxes and fees to host countries every year, creating nearly 2.5 million local jobs.
Amunugama, Minister of State for the Ministry of Investment Promotion of Sri Lanka, said at this CIFIT that Sri Lanka will implement a more systematic and attractive investment policy to attract more investment from Chinese companies in urban infrastructure and other fields.
Ma Xiuhong, president of the China Council for the Promotion of International Investment, said that as a deterministic, stable and key force in the prosperity and development of the world economy and international investment and trade, China will continue to work with other countries to promote the formation of a virtuous cycle of international capital flows and cross-border business operations of enterprises. , jointly promote the steady recovery of the world economy.
“Whether it is from the perspective of fully introducing, utilizing and serving foreign capital, or from the continuous expansion of foreign investment, China is the anchor of global investment stability.” said Wu Yabin, director of the Investment and Technology Promotion Office of the United Nations Industrial Development Organization (Beijing, China).
“Expand two-way investment and jointly promote global development” – the slogans on both sides of the “Golden Key” are the permanent theme of the CIFIT. Chinese and foreign participants at the meeting believed that with the help of CIFIT and other platforms, China will continue to play its role as a major investment country and promote the stable growth of global investment. (Participating in the interview and writing: Cheng Lu, Zhang Zhaoqing)
【Error correction】
[Editor in charge: Cheng Lan]
2023-09-10 00:03:42
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