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Centralized signing of projects, foreign investment continues to be optimistic about the Chinese market

2022-07-20

         186 Fortune 500 companies and 290 industry leaders gathered, 99 key foreign-funded projects were signed, with a total investment of US$15.6 billion, an increase of 31.4% over the previous session... The 3rd Qingdao Summit of Leaders of Multinational Companies (referred to as ""Qingdao Summit" for short) Summit”) delivered a stellar transcript.

 

      At the summit, the interviewed foreign-invested enterprises said that despite the epidemic, China's economy is still developing steadily, which has increased their confidence in China's development. They are also optimistic about China's complete industrial system and the new space opened by the digital economy and green industries. , will continue to deepen the Chinese market.

 

      Su Junxiong believes that the process of accelerating the formation of a new pattern of China's all-round, multi-level and wide-ranging opening up is also a development opportunity for Air Products to continuously explore new markets and achieve new breakthroughs. In the future, we will continue to deepen strategic cooperation with the government, customers and partners.

 

      The resilience of China's economy has further enhanced foreign investors' confidence in the Chinese market. Li Siwei, CEO of Forbes China, said that China's economic aggregate ranks second in the world, and China's GDP accounts for 18% of the world's total. In the latest Forbes Global 2000 list this year, the number of Chinese companies on the list has reached 399. ,Upward trend.

 

      Li Siwei introduced that in the dialogue and exchanges between Forbes China and many multinational companies, it was found that the Chinese market has always occupied an important position in their global strategic layout. "Despite the complex international environment and the multiple challenges of the global epidemic, we still believe that the fundamentals of China's long-term economic growth will not change."

 

      Facing the complicated situation at home and abroad, China has effectively coordinated epidemic prevention and control and economic and social development, further relaxed market access, promoted fair competition, continuously improved the level of trade and investment liberalization and facilitation, and strived to create a market-oriented, legalized, and internationalized environment. The business environment has added impetus to the investment and development of multinational companies in China.

 

      "Multinational companies are not only direct participants of the domestic cycle, but also an important driving force for the domestic and international dual cycle." Sheng Qiuping, Vice Minister of Commerce, said in his speech at the opening ceremony of the summit that the Ministry of Commerce will unswervingly support multinational companies to play their unique role. Advantages and roles to help the high-quality development of China's economy.

 

      The reporter was informed that, including revising and expanding the "Catalogue of Industries Encouraged for Foreign Investment", continuing to encourage foreign investment in manufacturing, producer services, the Midwest and Northeast China; compiling the "Guidelines for Foreign Investment in China" to provide better services for the development of foreign businessmen in China ; Promote the opening of China's financial market, further simplify the procedures for foreign investors to enter the Chinese market, and enrich the types of assets that can be invested. A series of benefits are being rolled out.


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