China's foreign investment in the first quarter increased by nearly 40% year-on-year. What do you think of the market attraction of China?

It can be said that China's market is stable, constantly improving and striving for progress in stability. More importantly, from the traditional low value-added processing and assembly field to the high value-added scientific and technological manufacturing field, the quality of attracting foreign investment is also steadily improving. According to the data of the Ministry of Commerce of China, in the first seven months of this year, the actual use of foreign capital in high-tech industries in China increased by 7.5% year-on-year, accounting for 2 1.5%. Among them, electronic and communication equipment manufacturing, computer and office equipment manufacturing, medical equipment manufacturing and instrument manufacturing increased by 40.3%, 63.7% and 149.2% respectively. Optimizing the structure of introducing foreign capital is obviously conducive to promoting the high-quality development of China's economy.

China's unique industrial chain advantages, large-scale production capacity advantages and market advantages can provide comprehensive supporting support for the production of foreign-funded enterprises. Since the beginning of trade competition in March, foreign companies such as BMW and Tesla have further expanded their production capacity in China. The main reason is that China is a key node in the global industrial chain and supply chain, and has the ability to provide efficient and comprehensive services and industrial support for foreign companies. According to the forecast of McKinsey & Company, about 80% of China consumers expect their income to increase in the next five years, while? After 90? Young people are becoming the new engine of consumption in China. The consumer market with great potential and continuous upgrading and opening up is becoming a new driving force for China's economic growth. These unique advantages of China make multinational companies make reasonable choices and layouts, and the general trend of globalization will not stop because of the unilateralism of a few countries.

China has the determination and action to continue opening up, which is especially rare today when trade protectionism has surfaced. China is committed to construction? Belt and Road? ,? China-ASEAN? And other new cooperation platforms to strengthen cooperation among BRICS countries and maintain the multilateral economic and trade system. In opening up, China seeks equality and reciprocity? Partnership? , rather than arrogance? Allies? This also gives foreign investors more confidence and control.

At present, the China market continues to attract foreign investment, which reflects the confidence and expectation of global capital and multinational companies for the future of China, and also shows that globalization is the same value across borders. This will play an important role in promoting the world to maintain the multilateral trading system and build an open economy. In terms of foreign investment growth, China Pilot Free Trade Zone and the western region have become new areas of foreign investment. 1 5 1 186 foreign-invested enterprises were newly established in the Pilot Free Trade Zone, and the actually used foreign capital was 65.84 billion yuan, a year-on-year increase of 30%.