Ministry Of Commerce: China'S Foreign Investment Growth Rate Is About 10% This Year.

The 22 revision of the new office Administrative measures for overseas investment Zhang Xiangchen, Assistant Minister of Commerce, predicted that the growth rate of China's foreign investment this year will be around 10%, which is even more optimistic than expected.

"This year's China Overseas investment "Will it exceed foreign direct investment for the first time?" asked Zhang Xiangchen for the media. "China's foreign investment is in a fast track of development. The growth forecast for foreign investment this year is about 10%, but I think the result may be more optimistic than we forecast, because in the past few years, China's foreign investment growth rate has exceeded 10%, even if calculated according to 10%, the amount of China's foreign direct investment will reach 120 billion this year. In contrast, China's pace of attracting foreign investment is in a relatively stable state.

"My personal view is that the amount of China's foreign investment exceeds that of attracting foreign investment is only a matter of time. If it can not be achieved this year, it will be realized in the near future." Zhang Xiangchen said. He believes that this is determined by the stage of development in China. China has reached the stage of capital export and will soon become the exporter of net capital. This is a real problem. In fact, for some countries, China's foreign investment has exceeded the amount of money attracting these countries. "

Zhang Xiangchen said that the Ministry of Commerce has taken a very normal attitude towards this matter. On the one hand, the Ministry of Commerce has actively supported enterprises' "going global" and actively expanded China's foreign investment. China is now ranked third in the world's foreign investment, which is only quantitatively speaking. On the other hand, the gap between China and some developed countries is still very large. With regard to the volume and quantity of foreign direct investment, China's stock of 660 billion US dollars accounts for only 2.5% of the world's total. That is, the amount of China's foreign direct investment is about 10% of that of the United States. China's overseas net assets are equivalent to about half of that of Japan. Even in terms of quantity, China still has a long way to go.

He also stressed that it is more important to improve the quality of foreign investment, which is even greater in China. Combined with the China World Trade Center conference, there is an index called "TNI" to measure the quality and level of foreign investment in a country. The index of TNI is to look at the overseas assets of a country's enterprise. Overseas income The proportion of overseas personnel in total assets, total income and total population will be divided by 3 on average. If the final figure exceeds 20%, this means that cross border nature is stronger. At present, there are few enterprises with more than 20% TNI in China. Also, is the company's strategy global? Is there a correlation between its decisions and overseas? If these indicators are used, the gap between China and other countries is still very far away.

"So I think China's foreign direct investment is still at a primary stage of development, and we will continue to work hard." Zhang Xiangchen said.