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Open China welcomes more foreign companies

The continued opening has led to a boom in foreign investment


At the BBS annual conference for Asia in boao in April this year, President xi jinping proposed a series of major measures for China to further open up.At the end of June, two new negative lists were issued successively. The negative list for foreign investment access was reduced from 63 to 48, and the negative list for the pilot free trade zone from 95 to 45, creating new opportunities for foreign investment in China.


Summer good first, a researcher at the Chinese academy of social sciences strategic research institute of finance and economics, said in an interview with international business newspaper reporters China expand opening to the outside of a series of major measures to enhance the confidence of foreign investment, to attract foreign capital to accelerate investment in China layout, China ushered in a world famous multinational companies to invest in a new upsurge, mainly concentrated in the automobile manufacturing, chemical industry, service industry and research and development and other fields.


We will achieve mutual benefit and win-win results with other countries


According to the latest statistics released by the ministry of commerce, the number of new foreign-invested enterprises in the first half of this year increased by 96.6 percent year-on-year.According to the China business environment survey 2018, released by the U.S. chamber of commerce in China, 74 percent of member companies plan to expand investment in China this year, the highest percentage in recent years.


Looking ahead, hao hongmei believes that the comprehensive advantages of China's investment environment are still obvious. First, China's manufacturing industry still has comparative advantages in terms of production cost, supporting system, market scale and technology investment.Second, China has a large market and a large potential for domestic market development.Third, the 40-year opening up has laid a good foundation for China's open economy and formed the advantage of industrial agglomeration.Fourth, China's economic growth is stable and the policy and legal environment is favorable."In sharp contrast to the us' trade and investment protectionism, China is now opening up to the outside world in the financial sector, the service sector, manufacturing and other fields, which demonstrates China's attitude of sharing opportunities and interests with other countries in the process of opening up and will bring more opportunities to the world's development.""Said hao.

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