In the first five months, the year-on-year growth rate of China's foreign investment slowed down to 17.3%, which further decreased from the previous four months. Some people think that China's COVID-19 prevention and control policy will influence the prospect of foreign investment in China. What is the response of the Ministry of Commerce? How to predict the trend of China’s foreign investment this year?(2022-06-23)
From January to May this year, the paid-in foreign investment in China was RMB564.2 billion, a year-on-year increase of 17.3%. Compared with the same period in history, this growth rate is still at a relatively high level. The steady momentum of foreign investment in China remains unchanged.
On the basis of preliminary work, the Ministry of Commerce recently issued a special document for guidance on serving key foreign-invested projects and actively attracting foreign investment, requiring all localities to provide whole-process services for key foreign-invested projects, further optimize the business environment and promote the development of foreign-invested enterprises. Relevant data show that despite some short-term difficulties, many multinational companies are still optimistic about the long-term prospects of investing in China and are ready to continue to increase their investment. Recent surveys by foreign chambers of commerce also show that most multinational companies still regard China as their primary market, and more investors will enter the Chinese market in the medium and long term.
We will continuously expand high-standard opening-up, actively respond to the demands of foreign-invested enterprises to facilitate their business in China, and continue to do our best to keep foreign investment stable. The opening of China's big market will certainly provide more opportunities for enterprises from all over the world to develop in China. Thank you.