In the first half of 2021, my country continued to increase its reform and opening up. import and export trade, foreign investment and foreign investment continued to rise against the trend. The Chinese economy became a strong support for the recovery of the world economy.
In the first half of 2021, the total value of my country's foreign trade imports and exports increased by 27.1% year-on-year, a positive year-on-year growth for 13 consecutive months, and the scale reached the best level in the same period in history. The close interaction between China and the world is not only reflected in the in and out of more and more goods.
At the just-concluded 2nd Qingdao Summit of Multinational Corporation Leaders, many well-known multinational companies signed contracts one after another, with a total investment of 11.85 billion U.S. dollars.
In the first half of the year, the country’s actual use of foreign capital exceeded 600 billion yuan, a year-on-year increase of 28.7%; my country’s newly established foreign-funded enterprises exceeded 23,000, a year-on-year increase of 47.9%.
Just a few days ago, my country released its first cross-border service trade negative list, which is more open than my country’s WTO commitments. At the same time, the foreign investment law and its implementation regulations have been fully implemented, the protection of intellectual property rights has been strengthened, and the level of facilitation of customs clearance has been improved. At present, 34 regulations on the opening of the banking and insurance industry have been revised. Basically completed, China's business environment continues to improve.
According to a report released by the American Chamber of Commerce in China, 75% of the interviewed companies are optimistic about their growth in the Chinese market and China's economic recovery in the next two years, and 61% of the interviewed companies regard China as their preferred investment destination. The annual survey released by the European Unio Chamber of Commerce in China shows that nearly 60% of the European companies surveyed plan to expand their business in China in 2021, and about half of the respondents indicated that their profit margins in China are higher than the global average. The accelerating pace of opening up and the continuous optimization of the business environment have made China a popular destination for foreign investors.
(Source: CCTV.com original title: my country's opening up continues to strengthen to support the global recovery)
