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Economic Daily Jin Guanping: attract more high-quality foreign investment

According to the data of the Ministry of Commerce, in January this year, the country absorbed 127.69 billion yuan of foreign capital, up 14.5% year on year, and continued to maintain stable growth. At present, the international competition for attracting investment is more fierce, and we should further promote the high-level opening up. We should not only keep the high-quality stock of foreign capital, but also attract more high-quality foreign capital.


Since this year, as the epidemic prevention and control has entered a new stage, the order of production and life in China has been restored rapidly, and the long-term advantages of China's large-scale market and complete industrial system in terms of supply and demand have been highlighted, and the endogenous power of economic growth has been constantly strengthened. The International Monetary Fund and other international organizations and investment institutions have raised China's economic growth expectations. The gradual improvement of the overall economy has further enhanced the unique charm of the Chinese market.


At present, global supply chain adjustment is both a challenge and an opportunity. In particular, many foreign small and medium-sized enterprises are attracted by China's excellent investment environment, and continue to accelerate the pace of entering the Chinese market. The data shows that in January this year, the actual use of foreign capital in the manufacturing industry increased by 40.4%, the actual use of foreign capital in high-tech industries increased by 62.8%, the high-tech manufacturing industry increased by 74.5%, and the high-tech service industry increased by 59.6%. The "foot vote" of foreign capital fully reflects the recognition of China's efforts to form an open and innovative ecosystem with global competitiveness.


The Central Economic Work Conference proposed to make greater efforts to attract and utilize foreign capital. To continue to promote the absorption of foreign capital, we need to constantly create a more favorable environment for foreign enterprises to invest and start business. This needs to rely on China's super-scale market advantage, attract global resource elements through domestic circulation, and constantly improve the quality and level of trade and investment cooperation. At the same time, relevant work needs to be done deeply, carefully and practically.


First, expand market access. By reasonably reducing the negative list of foreign capital access, increasing the opening of modern service industries, and giving full play to the pilot role of open platforms such as the Free Trade Pilot Zone, Hainan Free Trade Port, various development zones and bonded zones, the announced foreign capital access policy should be implemented and put into effect as soon as possible.


The second is to comprehensively optimize the business environment. We should implement the national treatment of foreign-funded enterprises, promote fair competition, ensure that foreign-funded enterprises participate equally in government procurement, bidding and standard formulation according to law, and strengthen the protection of intellectual property rights and the legitimate rights and interests of foreign investment. We should actively promote the accession to high-standard economic and trade agreements, and take the initiative to deepen the reform of relevant domestic fields in comparison with relevant rules, regulations, management and standards.


At the same time, we should do a good job of serving foreign-funded enterprises. Strengthen communication and exchange with foreign investors, help solve difficulties and problems in a timely manner, provide maximum convenience for foreign investors to engage in trade and investment negotiations in China, and promote the implementation and construction of landmark foreign investment projects. We should promote the normalization of economic and trade personnel to go out and attract investment.


According to the latest survey of the China Council for the Promotion of International Trade, 98.2% of the foreign enterprises and foreign business associations interviewed have confidence in the prospects of China's economic development this year, and said they would continue to invest in China and share the development dividends of China. This fully shows that China's "two-way trip" to attract foreign investment and foreign investors favor China is still continuing. Next, stronger measures should be taken to attract more high-quality foreign capital, share the dividends of China's economy and make greater contributions to the recovery of the world economy.