On the afternoon of March 11th, the fifth meeting of the twelve National People's Congress, the press center held at the media center multi-purpose hall press conference. The theme of this conference is "reform and opening up, adjusting structure, innovation driven, promoting development"". Wang Shouwen, Vice Minister of the Ministry of Commerce, vice minister Qian Keming and vice minister attended and answered questions from Chinese and foreign journalists.
Commerce minister zhong shan said at the meeting that under the leadership of the CPC central committee and the state council last year, the ministry of commerce maintained the healthy and rapid development of all the work. Foreign trade has achieved steady growth and domestic demand has maintained steady growth. Two-way investment has also achieved steady development. The capacity of global economic governance has gradually increased. The 13th five-year plan was a good start for business work.
Zhong Shan also noted that former minister of commerce Gao Hucheng laid a good foundation for business work. This year, the ministry of commerce will earnestly implement the important speech spirit of the general secretary series. According to the central economic work conference and the deployment and requirements of the government work report, the overall keynote of seek improvement in stability is maintained. We will fully implement the new development concept. Supply side structural reform as the main line, "area" at the head of the opening to the outside world, go all out to promote the new development of the business, the new increase, the new breakthrough, to greet the 19 big victory party congress with honors.
The scene when a reporter asked about the problem of China to attract foreign investment, Wang Shouwen vice minister replied, "in January, China's actual use of foreign capital actually decreased, but the actual use of foreign capital is growing in February. So it's too early to judge the full year's data from one or two months at the beginning of the year.
Wang said we have confidence in the task of absorbing foreign capital throughout the year. China now attracts foreign investment advantage still very solid, multifaceted. In China, for example, retail sales grew 10.4 percent last year to 33 trillion yuan. This huge market is attractive to any enterprise and to any foreign enterprise. Who wouldn't want to do something in such a big market?
Second, wang noted that China's industrial chain is complete and the value chain is very complete. Any industry in the lower reaches of the river can find the supporting enterprises. China's investment environment is also getting better and the investment environment is improving. What's more, China's position on opening up has not changed. Recently, the state council issued 20 measures to expand the openness and use of foreign investment to expand the opening-up of the service sector, manufacturing and mining industries. There will also be more opportunities for foreign investment.
Third, foreign and
China companies will get better and better treatment. Previously, foreign companies were not able to participate in China's domestic standards. Now foreign companies have the opportunity. Prior to intellectual property protection, government procurement, registered capital payment and other aspects. Now domestic enterprises, foreign capital enterprises enjoy the same treatment.
More importantly, the Chinese government has made a clear commitment to foreign investment. Xi Jinping, general secretary of the "three will not change", is our utilization of foreign capital policy will not change, the protection the legitimate rights and interests of foreign companies won't change, provide better service for national enterprises to invest in China's direction will not change.
The improvement of the laws and regulations, the enhancement of industry matching capacity and the huge market potential have made it the first place for China to absorb foreign investment in developing countries over the past two decades. Therefore, we remain confident that China will maintain a sizable amount of foreign investment in the future.
The following is a live question-and-answer session:
Reporter: in January this year, the actual use of foreign capital in China decreased by 9.2% year on year. For this. How do you view such data changes? What advantages does our country have in attracting foreign capital? Thank you
Wang recipient: in January, the actual use of foreign investment in China actually declined. But what I want to tell you is that the data for foreign investment in February was growth. So it's too early to judge the full year from one month or two months at the beginning of the year. We have confidence in the task of absorbing foreign capital throughout the year. You ask what advantages China now attracts foreign capital. Should say, this advantage still is very solid, multifaceted. In China, for example, retail sales grew 10.4 percent last year to 33 trillion yuan. This huge market is attractive to any enterprise and to any foreign enterprise. Who wouldn't want to do something in such a big market?
Second, China's industrial chain is complete and the value chain is very complete. Any industry in the lower reaches of the river can find the supporting enterprises. China's investment environment is also getting better, with the world bank reporting a business environment last year. The report says China is up six places among the world's more than 190 members. This shows that China's investment environment is improving. What's more, China's position on opening up has not changed. Recently, the state council issued 20 measures to expand the openness and use of foreign investment. Further expansion of the service sector, manufacturing and mining sectors will open up more opportunities for foreign investment.
Foreign and Chinese companies will also get better treatment for fair competition. Previously, foreign companies were not able to participate in China's domestic standards. Now foreign companies have the opportunity. Prior to intellectual property protection, government procurement, and registered capital contribution, now domestic enterprises, foreign capital enterprises enjoy the same treatment. More importantly, the Chinese government has made a clear commitment to foreign investment. Xi Jinping, general secretary of the "three policies will not change", which are our utilization of foreign capital policy will not change, the protection the legitimate rights and interests of foreign companies won't change, provide better service for national enterprises to invest in China's direction will not change. The improvement of the laws and regulations, the enhancement of industry matching capacity and the huge market potential have made it the first place for China to absorb foreign investment in developing countries over the past two decades. Therefore, we remain confident that China will maintain a sizable amount of foreign investment in the future. Thank you.
