On February 15, according to the data released on the website of the Ministry of Commerce, in January 2022, the actual amount of foreign capital used in China was 102.28 billion yuan, a year-on-year increase of 11.6% (equivalent to US $15.84 billion, a year-on-year increase of 17.6%; excluding banking, securities and insurance, the same below).
Liu Xiangdong, deputy director of the Economic Research Department of the China Center for international economic exchanges, told the Securities Daily that China's absorption of foreign capital has ushered in a "good start", and the growth rate of actual use of foreign capital has maintained double-digit growth, continuing to show the characteristics of steady progress.
In terms of industry, the actual amount of foreign capital used in the service industry was 82.3 billion yuan, a year-on-year increase of 12.2%. The actual use of foreign capital in high-tech industries increased by 26.1% year-on-year, including 32% in high-tech manufacturing and 24.6% in high-tech services; From the source, one belt, one road, and ASEAN real investment increased by 28.4% and 29.1% respectively (including data from free port). In terms of regional distribution, the actual use of foreign capital in eastern, central and Western China increased by 8.7%, 46.2% and 42.2% respectively year-on-year.
Pan Helin, executive director of the Digital Economy Research Institute of Zhongnan University of economics and law, told the Securities Daily that judging from the data in January, the current foreign investment confidence in China's economy is still strong.
Looking forward to 2022, Liu Xiangdong believes that from the perspective of the scale of investment attraction, benefiting from China's stimulating domestic demand and industrial upgrading and continuing to promote a higher level of opening to the outside world, it is expected that the scale of attracting foreign investment will continue to expand, and China is still one of the most important investment destinations in the world. From the perspective of trend, affected by the high base last year, the growth rate of China's attraction of foreign investment will decline.
In this context, Liu Xiangdong said that first, make full use of the signed and effective RCEP and other free trade agreements to attract enterprises in the region to invest in China, develop markets and find business opportunities; Second, encourage and support local governments to increase the degree of stabilizing foreign investment, continuously optimize the business environment, deepen the reform of decentralization, management and service, and provide a more relaxed environment for foreign investment in China; Third, adopt more stable and flexible macro policies, strengthen steady growth and expand domestic demand, especially expand new infrastructure investment, release the dividend of domestic demand expansion, give more foreign capital more opportunities to participate in project construction, and cultivate Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) , new business forms and new models based on higher quality infrastructure and public service platforms; Fourth, continue to comprehensively deepen reform, smooth the economic cycle, strengthen fair competition, further relax the restrictions on foreign capital market access, reduce the negative list, stimulate market vitality, and provide a more fair and transparent market environment for foreign investment and exhibition in China.
