Maintain double-digit growth and set a new high in the scale of attracting foreign capital. In 2021, China's actual use of foreign capital was 1149.36 billion yuan, a year-on-year increase of 14.9% (equivalent to US $173.48 billion, a year-on-year increase of 20.2%), which brought a successful end to the work of "stabilizing foreign capital" throughout the year. This better than expected report card also fully shows China's increasing attraction to foreign investment.
"China's use of foreign capital has continued to increase, and at the same time, the level of opening to the outside world is deeper, which has greatly improved China's charm value all over the world." Song Qinghui, a famous economist, said in an interview with reporters that under the background of the overall weakness of global transnational investment and the more stringent review of transnational investment by various countries, China continues to expand its opening to the outside world, and the foreign investment policy has been continuously improved, which has continuously strengthened foreign investment's confidence in China's opening-up policy, and the growth of China's absorption of foreign investment is obvious to all.
According to the data released by the Ministry of Commerce, in 2021, the actual amount of foreign capital used in the service industry was 906.49 billion yuan, a year-on-year increase of 16.7%. The actual use of foreign capital in high-tech industries increased by 17.1% year-on-year, including 10.7% in high-tech manufacturing and 19.2% in high-tech services.
From the source, one belt, one road, and ASEAN's real investment increased by 29.4% and 29% respectively (including data from the FTA). From the perspective of regional distribution, the actual use of foreign capital in eastern, central and Western China increased by 14.6%, 20.5% and 14.2% respectively year-on-year.
Turning to the "password" for the steady increase in the amount and quality of foreign investment, song Qinghui said frankly that in addition to the continuous opening-up and continuous improvement of policies, the fundamentals of China's stable, medium and long-term economic growth have not changed, China's economic resilience, strong vitality, sufficient potential and many other advantages have not changed, and the attraction of foreign investment is still unprecedented. "According to the statistics of Qinghui think tank, China's GDP growth is expected to reach about 6% this year, and it is expected to surpass the United States and become the most attractive market in the world in the next eight years. In addition, the continuous optimization of China's business environment has also made China a hot land to attract foreign investment."
Indeed, in 2021, China made continuous efforts in market access, policy support, platform construction, investment promotion and protection, actively implemented the fair treatment of foreign-funded enterprises, and continuously launched new measures to "stabilize foreign investment" according to the demands of foreign-funded enterprises, so as to continue to create a market-oriented, legal and international business environment. The Ministry of Commerce has intensively issued policies and arrangements to implement the work of "stabilizing foreign investment". For example, in the notice on stabilizing foreign investment around building a new development pattern, it puts forward 22 specific measures from five aspects and defines the basic path of stabilizing foreign investment in 2021. At the same time, local governments have made great efforts to optimize the business environment, and various preferential policies have emerged one after another, laying a solid foundation for stabilizing foreign investment.
Previously, a survey of foreign-funded enterprises by HSBC showed that 97% of the surveyed enterprises intend to continue to expand their investment in China, mainly because China has a huge market, the expectation of sustained economic growth and the improvement of developed supply chains. In a research report recently released by PwC, 91% of the Japanese enterprises interviewed in China said they would maintain their current scale or increase investment in China in the next three to five years.
What is the potential and charm of the Chinese market? Tell you with "one" new energy vehicles: in 2021, Tesla Shanghai Super factory achieved an annual delivery of 484000 vehicles, a year-on-year increase of 235%. Tesla China accounted for 51.7% of Tesla's annual 936000 vehicle delivery transcripts, accounting for "half" of its global territory. Among them, Shanghai Super factory has also contributed more than 160000 vehicles to overseas market delivery, meeting the needs of more than 10 countries such as Europe and Asia. The export volume of model 3 alone has exceeded 130000 vehicles in 2021. In the second year after the plant was built in Shanghai, Tesla achieved the "small target" of 235% year-on-year sales growth in China with two models, and Tesla's global delivery also achieved an annual growth of 87.4%.
When talking about the reasons for China's attraction of foreign investment, a number of foreign-funded enterprises interviewed by the reporter said that China's industrial chain is still very stable when the world is affected by the epidemic, which is an important reason to attract them to invest firmly in China. Moreover, the Chinese market also has incomparable advantages, which are embodied in the huge market scale, the universal application of smart phones, the rapid absorption of new technologies, the social atmosphere and soil of respecting innovation and allowing failure, and China has a large number of technical talents and a strong industrial supply chain.
