In recent years, rumors about "foreign-funded enterprises withdrawing from China" have sparked many discussions about the relocation of manufacturing industries and the transfer of industrial chains. Although some foreign-funded enterprises are promoting diversification in the world, overall, the pace of foreign investment in China has not slowed down.
The relocation of manufacturing industries and the transfer of industrial chains are normal economic phenomena and the result of globalization and the role of market mechanisms. In the context of economic globalization, in order to reduce production costs and expand market share, capital tends to actively adjust the layout of global production capacity, and it is an objective law to flow to low-cost regions. Industrial gradient transfer is also a normal phenomenon of a country's industrial development. Affected by some factors, some foreign-funded enterprises, including domestic processing-intensive industries, have appeared in neighboring countries to seek investment and development opportunities. However, overall, the current scale of manufacturing relocation is not large, which is a normal business behavior of enterprises and conforms to the objective laws of industrial development.
With the advantages of a huge domestic market, a complete industrial system, efficient infrastructure and new technology applications, China is still one of the most attractive investment hot spots in the world. Manufacturing has been a key area of foreign investment for many years. my country has continuously reduced access restrictions for foreign investment, promoted the full opening of the general manufacturing sector, and achieved zero manufacturing entries in the negative list of the Pilot Free Trade Zone. The data also shows that my country is still the preferred investment destination for foreign businessmen. In the first five months of this year, my country's actual use of foreign capital was 564.2 billion yuan, a year-on-year increase of 17.3%. Reports from the German Chamber of Commerce in China and the American Chamber of Commerce in China show that over 70% of German-funded enterprises and over 60% of US-funded enterprises plan to increase investment in China, and many well-known multinational companies have increased their presence in China around the low-carbon sector, which shows the pace of foreign investment in China. Did not slow down.
It is worth noting that the growth rate of the use of foreign capital in my country's high-tech manufacturing industry is accelerating. This shows that my country's manufacturing industry is increasingly attracting various resource elements, and foreign investment in my country's manufacturing industry has shown a trend of more investment in key areas such as advanced manufacturing, high-tech, energy conservation and environmental protection, and it also shows the transformation and upgrading of my country's manufacturing industry. The pace quickened.
The high-level opening of the manufacturing industry is a necessary move to maintain the security and stability of the industrial chain and supply chain. Only by further opening up to the outside world and creating a market-oriented, legalized, and internationalized business environment, can we make better use of the resources of both the international and domestic markets, and promote the formation of a more innovative, higher value-added, safer and more controllable business environment. The industrial chain and supply chain can also contribute to China's efforts to maintain the stability and smoothness of the global industrial chain and supply chain.
The high-level opening of the manufacturing industry will continue to expand. my country has repeatedly stated that it will uphold the concept of openness, cooperation, unity and win-win, and expand the high-level opening of the manufacturing industry. On the one hand, support foreign businessmen to increase investment in China, encourage foreign investment in advanced manufacturing, high-tech and other fields, and fully support the accelerated implementation of key foreign-funded projects; The equipment manufacturing cooperation project jointly maintains the stability and smoothness of the global industrial chain and supply chain, promotes the establishment of manufacturing partnership, promotes international cooperation in green development, and builds more exchange platforms for open cooperation in the manufacturing industry.
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