CCTV News: The latest data shows that in March, my country's actual use of foreign capital increased by 13.2% year-on-year. Recently, many foreign-invested enterprises have announced the increase in capital and expansion in China, accelerated their layout in China, embrace the new opportunities brought by China's high-quality development, and cast a "vote of confidence" on China's economic development prospects with practical actions.
This global chemical company has just announced that it will invest about 500 million yuan in Shanghai to expand its factory to meet the demand for automotive shock absorbers in China's new energy vehicle market. It is expected to be completed and put into production in 2027, with a total production capacity increasing by nearly 70%. The relevant person in charge said that seeing that China's green transformation and sustainable development bring many opportunities to enterprises, he decided to continue to invest in factories in Pudong, Shanghai, and is optimistic about China's economic development, the automobile industry and the business environment in Pudong as always.
What makes foreign-funded enterprises more confident is that the high-quality development of China's economy and the accelerated formation of new quality productivity are giving strong driving force for the development of foreign companies in China.
In Wuxi, Jiangsu, the newly invested new energy large-diameter battery project has just been officially mass-produced and shipped, mainly used in electric bicycles, construction machinery, medical equipment and energy storage systems and other fields. Takaro Honma, the head of the company, told reporters that he came to China six years ago. In the past six years, they have carried out the construction and investment of 19 new bases in China. They are firmly optimistic about the resilience of China's economy and the new energy battery market.
The "magnetic suction" of the Chinese market continues to increase
The "magnetic suction" of the Chinese market to foreign capital is also continues to increase. Recently, at the first domestic promotion event of the 8th CIIE held in Shanghai, nearly 30 foreign-invested enterprises participated in the conference, and many foreign-invested enterprises signed contracts on the spot. Many new and old friends will share the new opportunities brought by the Chinese market through the CIIE.
The Singaporean company, which first decided to participate in the CIIE, will showcase their latest solutions in environmental health, safety and sustainable development in the service trade show. At present, the 8th CIIE has signed a business exhibition of nearly 800 companies from more than 70 countries, with an exhibition area of nearly 250,000 square meters. Among the first batch of exhibitors announced, more than 100 exhibitors are the "full attendees" who participated in the exhibition for eight consecutive years. The exhibition area of this foreign-funded enterprise that has been exhibiting continuously has continued to expand from only 9 square meters initially, and will reach 300 square meters this year.
China has always been a fertile ground for foreign investment and trade
Since this year, many senior executives of foreign-funded enterprises have visited China, and they feel the firm determination of the Chinese government to expand high-level opening up. A survey by the China Council for the Promotion of International Trade shows that China has always been a fertile ground for foreign investment and trade.
The China Council for the Promotion of International Trade widely collects the demands of foreign-funded enterprises through various channels. Expand the functions of special working groups for foreign-invested enterprises, and promptly reflect and promote the resolution of foreign-invested enterprises' demands in key areas such as factor acquisition, qualification licensing, standard formulation, and government procurement.
If there is a demand, there will be a response. This year, my country issued the "2025 Action Plan for Stabilizing Foreign Investment", proposing to expand the opening pilot projects in the fields of telecommunications, medical care, education, etc., implement the comprehensive cancellation of restrictions on foreign investment access in the manufacturing industry, and increase support for domestic reinvestment by foreign-invested enterprises. At the same time, we are speeding up the revision and issuance of the "Negative List of Market Access" and the "Catalogue of Industries Encouraging Foreign Investment" to allow foreign-invested enterprises to "both access and operation" in the already open areas. China continues to send positive signals to the international market to further optimize the business environment and support the development of foreign-funded enterprises. Liu Zhengfu, director of the Development Research Department of the China Council for the Promotion of International Trade, said that recently, surveys by many foreign chambers of commerce in China have shown that most of its member companies will maintain or increase investment in China. All these show that China was, is, and will inevitably be a fertile ground for foreign investment in the past, is safe and promising.