On September 29, the Ministry of Commerce, the National Bureau of Statistics and the State Administration of Foreign Exchange jointly issued the "Statistical Bulletin of China's Foreign Direct Investment in 2020" (hereinafter referred to as the "Communiqué"), showing that China's foreign direct investment in 2020 was US$153.71 billion, a year-on-year increase 12.3%, the traffic scale ranked first in the world for the first time.
The "Communiqué" pointed out that by the end of 2020, China's foreign direct investment stock reached US$2.58 trillion, second to the United States (US$8.13 trillion) and the Netherlands (US$3.8 trillion). China's influence in global foreign direct investment continues to expand. Flows accounted for more than 10% of the world for five consecutive years, and 20.2% in 2020; stocks accounted for 6.6%, an increase of 0.2 percentage points from the previous year. In 2020, China's two-way investment will be basically the same, and the introduction and going out will develop simultaneously.
From the perspective of investment field, my country's foreign investment field is becoming more extensive and the structure is continuously optimized. According to the "Communiqué", in 2020, China's foreign direct investment will cover 18 major sectors of the national economy, and nearly 70% of the investment will flow to leasing and business services, manufacturing, wholesale and retail, and financial sectors. The flow of the four major industries will exceed 10 billion U.S. dollars. . At the end of 2020, 80% of China's foreign direct investment stock will be concentrated in the service industry, mainly in leasing and business services, wholesale and retail, information transmission/software and information technology services, finance, real estate, transportation/warehousing and postal services.
From the perspective of investment entities, the foreign investment of non-public economy and public economy holding entities go hand in hand. According to the "Communiqué", in 2020 China's foreign non-financial investment flows, domestic investors with non-public economic holdings will invest US$67.16 billion, accounting for 50.1%, a year-on-year increase of 14.1%; domestic investors with public economic holdings will invest 66.89 billion in foreign investments U.S. dollars, accounting for 49.9%, an increase of 15.1% year-on-year.
The "Communiqué" also shows that my country's investment in countries along the "Belt and Road" has increased steadily. As of the end of 2020, 28,000 Chinese domestic investors have established 45,000 foreign direct investment companies in 189 countries (regions) around the world, and more than 80% of the world’s countries (regions) have Chinese investment. At the end of the year, the total assets of overseas companies are 7.9 trillion yuan. Dollar. More than 11,000 overseas companies have been established in countries along the “Belt and Road”. In 2020, they realized direct investment of 22.54 billion U.S. dollars, an increase of 20.6% year-on-year, accounting for 14.7% of the same period; the year-end stock was 200.79 billion U.S. dollars, accounting for 7.8% of the total stock. From 2013 to 2020, China has accumulatively invested US$139.85 billion in direct investment in countries along the “Belt and Road”.
At the same time, the mutual benefit and win-win results of my country's foreign investment have been highlighted and common development has been achieved. The "Communiqué" pointed out that in 2020, overseas Chinese-funded enterprises will pay a total of 44.5 billion U.S. dollars in taxes to the countries and regions wher they invest, and employ 2.188 million foreign employees, accounting for 60.6% of the total number of employees of overseas enterprises. Foreign investment has driven China's domestic exports of goods to US$173.7 billion, accounting for 6.7% of China's total exports of goods. Overseas Chinese-funded enterprises achieved sales revenue of US$2.4 trillion that year. (Reporter Wang Wenbo)