The 3rd China-Foreign Multinational CEO Roundtable was held in Beijing on the 15th. Chen Jian, deputy minister of the Ministry of Commerce, said that the Ministry of Commerce will study and introduce new policies and measures to encourage qualified Chinese enterprises to actively carry out foreign investment and transnational operations.
Chen Jian pointed out that the current foreign investment cooperation has resumed a rapid development momentum. In the first three quarters of this year, China’s foreign direct investment totaled 32.87 billion U.S. dollars, a year-on-year increase of 0.5%, of which the quarterly quarter was 20.47 billion U.S. dollars, exceeding the sum of the previous two quarters. Year-on-year growth of 190.4%.
At present, with the benefits of economic stimulus plans adopted by countries around the world in response to the financial crisis, the liquidity of international financial markets has increased, and consumption and investment have begun to recover slowly. However, there are still many uncertainties facing the global economy. The foundation for recovery is still not stable. The recovery will be a complicated and tortuous process. The global economy will have new features: the real economy will be re-emphasized by all countries, and the global industrial division of labor and transaction chain will be reshaped. Moreover, as global inflation expectations continue to rise, international trade prices rebound, multinational corporations' cost pressures increase, and intra-national trade of multinational corporations will develop on a large scale, and cross-border mergers and acquisitions will reappear.
In response to such a situation, Chen Jian said that the Ministry of Commerce will continue to study and introduce new policy measures, encourage qualified Chinese enterprises to actively carry out foreign investment and transnational operations, and continuously expand new areas and new ways of foreign investment cooperation. Specifically, we will speed up the construction of the legal and institutional framework for going global in terms of system construction, deepen the reform of the management mechanism with investment facilitation as the core, and provide legal protection for the development of various businesses.
Chen Jian pointed out that the current foreign investment cooperation has resumed a rapid development momentum. In the first three quarters of this year, China’s foreign direct investment totaled 32.87 billion U.S. dollars, a year-on-year increase of 0.5%, of which the quarterly quarter was 20.47 billion U.S. dollars, exceeding the sum of the previous two quarters. Year-on-year growth of 190.4%.
At present, with the benefits of economic stimulus plans adopted by countries around the world in response to the financial crisis, the liquidity of international financial markets has increased, and consumption and investment have begun to recover slowly. However, there are still many uncertainties facing the global economy. The foundation for recovery is still not stable. The recovery will be a complicated and tortuous process. The global economy will have new features: the real economy will be re-emphasized by all countries, and the global industrial division of labor and transaction chain will be reshaped. Moreover, as global inflation expectations continue to rise, international trade prices rebound, multinational corporations' cost pressures increase, and intra-national trade of multinational corporations will develop on a large scale, and cross-border mergers and acquisitions will reappear.
In response to such a situation, Chen Jian said that the Ministry of Commerce will continue to study and introduce new policy measures, encourage qualified Chinese enterprises to actively carry out foreign investment and transnational operations, and continuously expand new areas and new ways of foreign investment cooperation. Specifically, we will speed up the construction of the legal and institutional framework for going global in terms of system construction, deepen the reform of the management mechanism with investment facilitation as the core, and provide legal protection for the development of various businesses.
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