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Home»Investment»China is steadily attracting foreign investment under an optimized structure
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China is steadily attracting foreign investment under an optimized structure

The Elite Times TeamBy The Elite Times TeamMarch 8, 2024No Comments4 Mins Read
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Beijing, March 7, 2024 /PRNewswire/ — China.org.cn news report on foreign investment in China China:

in Chinese In the 2024 “Two Sessions”, the country set a GDP target of “about 5%”, emphasizing the development of “new high-quality productive capacity” and the pursuit of high levels of opening-up that would send a positive signal. . .

tim cookApple’s CEO said, “We remain optimistic going forward.” China In the long run. ”

There are statistics to back up Cook’s stance. January 20244,588 new foreign-affiliated companies were established. China, an increase of 74.4% from the previous year. The actual amount of overseas investment increased by 20.4% from the previous month. These numbers, despite all the uncertainties in the global economy, China It remains an attractive destination for foreign investment.

In addition to large amounts of foreign investment, China has also been optimized.

The share of foreign investment in high-tech sectors is increasing, with more projects featuring industry-leading technology and innovation. In recent years, many multinational companies, including BASF, ExxonMobil, and Siemens, have set up science and technology innovation and development centers in India. guangdong province state, China.in Jiangsu In the state, many foreign companies reinvest undistributed profits (not repatriated). Chinafocusing on high-tech industries such as photovoltaic products, special-purpose vessels, automobile manufacturing, and electronic component manufacturing.

Significant foreign investment due to improved structure China It is the result of continuous and effective policies adopted by the country.in August 2023, China It issued 24 guidelines containing 59 specific measures designed to improve the environment for foreign investment. More than six months after its launch, more than 60% of the measures have been implemented or are in the process of being implemented.

Jens EskelundPresident of the European Union Chamber of Commerce and Industry Chinabelieves that the 24-point guidelines have provided EU-invested companies with tax benefits and helped resolve visa-related issues for EU employees coming to the EU. China, facilitated cross-border data flows and ensured a level playing field for companies to participate in government procurement. AmCham China (American Chamber of Commerce) China) recently released the “China Business Environment Survey Report,” in which many American companies expressed the following recognition. Chinese Improved economic performance and the business environment have, in some ways, strengthened multinational companies’ confidence in their investments. China Not just now, but in the long term. Soon, by 2024, many foreign investment projects have signed contracts or officially started construction, demonstrating the passion of foreign companies to retain their investments. China.

This year’s government activity report clearly states that the country will “strengthen efforts to attract foreign investment,” including further lifting of market access restrictions and strengthening services for foreign investors. China Preferred destination for foreign investment. New policies are underway to keep foreign investment stable, and this will undoubtedly provide further impetus to foreign investment. China To become a magnet for attracting foreign investment.

There are certainly disadvantages, but Chinese Analyze the current economic situation, including the slowdown in GDP growth and changes in total foreign investment. These problems are caused by a variety of factors, including the complexity of the global economic situation and the cyclical development of the economy. Chinese Adjustment of economic structure and competition among major countries. So-called””Chinese “The economy is at its peak” is not an objective explanation Chinese development. If you get distracted by such noise, you will only miss out on opportunities.

2024 is the year of action. Policies will be implemented to maintain overseas investment, foreign trade, and overall economic stability.Reliable and vibrant business environment China It will bring more opportunities for foreign investors.

china mosaic
http://www.china.org.cn/video/node_7230027.htm

China Stably attracting foreign investment under an optimized structure
http://www.china.org.cn/video/2024-03/07/content_117046076.htm

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View original content to download multimedia: https://www.prnewswire.com/news-releases/china-is-attracting-foreign-investment-in-stable-amount-under-an- optimized- Structure-302083650.html

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