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China'S Foreign Direct Investment Annual Investment Is Nearly 60 Billion &Nbsp, Ranking Fifth In The World.

2011/9/2 15:38:00 46

China'S Investment Is Nearly 60 BillionThe Fifth Place In The World.

Learned from China industry overseas development and Planning Association, the third China external Investment The cooperation Fair will be held from November 8th to 9. Fan Chunyong, executive vice president and Secretary General of China industry and overseas development and Planning Association, said that compared with the initial stage of China's "going out" strategy, China's foreign investment has broken through many bottlenecks, and foreign investment has not only increased rapidly in quantity, but also has undergone important changes in quality and entered a relatively mature development stage.


It is understood that 85 Chinese and foreign government investment promotion agencies, more than 1800 Chinese and foreign entities, more than 130 Chinese and foreign financial institutions, and 8 international organizations have decided to participate in the third China foreign investment cooperation conference.


According to Wang Hongtao, Executive Secretary General of the fair, at present, more than 50 of the third party service organizations are identified, and the investment descriptions will be scheduled for more than 30 games. The third session External meeting No matter in terms of scale or quality, it will surpass the previous ones.


Fan Chunyong, 1, said that as an important part of China's overall strategy of opening to the outside world, foreign investment cooperation has been leaping forward in recent years, and China has become one of the forefront of world capital exporting countries. At present, China's foreign investment has jumped to the fifth place in the world.


Earlier, Kong Linglong, director of the foreign investment division of the national development and Reform Commission, said that China's opening up strategy has been transformed from "Introduction" to "integration" and "going global". Chinese enterprises have invested 177 regions and countries, and have set up 1.3 overseas companies. At present, the investment scale is close to 60 billion yuan, ranking the top five in the world, ranking first in the developing countries.


Fan Chunyong said that at present, the proportion of China's overseas investment and foreign investment absorption is 1:2, which is expected to rise to 1:1 before and after 2015.


He believes that the Chinese government's administrative approval for overseas investment. program It has been greatly simplified and other factors will promote the sound and fast growth of foreign investment.


In February this year, the national development and Reform Commission decided to delegate the authority to approve foreign investment projects, and limit the approval rights of overseas investment projects (excluding special projects) with a Chinese investment of less than 300 million US dollars or less than 100 million US dollars invested by local enterprises under the provincial development and Reform departments of the provinces, autonomous regions, municipalities directly under the central government and cities directly under the central government in which the relevant companies are located. The above-mentioned overseas investment projects carried out by the central management enterprises shall be independently decided by the enterprises and submitted to the national development and Reform Commission for record.


In this regard, Fan Chunyong believes that the new regulations make the national development and Reform Commission's overseas investment approval authority relaxed 10 times from the amount. These policies and measures have greatly improved the domestic environment for Chinese enterprises to invest abroad.


In addition, China has initially formed a group of specialized personnel engaged in foreign investment and cooperation. Fan Chunyong said that, thanks to the effect of China's talent strategy and Chinese enterprises' climbing abroad for more than ten years, a well-educated, multinational cultural background, overseas working experience, familiar with transnational operation, finance, management, technology, law, finance and other international practices of specialized talent groups have been formed.


Fan Chunyong said that China's multinational companies have become the main force of foreign investment, forming a number of specialized, intensive and large-scale multinational companies.


The number of mainland enterprises entering Fortune 500 is only 9 in 2000, and 61 in 2011. These large Chinese multinationals and many other Chinese enterprises with transnational investment have become the main force of China's foreign investment.
 

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