Changbai Times: Vigorously attract foreign investment and promote economic development

To stabilize foreign investment and attract and use foreign investment, China has continuously promoted and achieved remarkable results through opening up and cooperation, optimizing the business environment, and strengthening high-quality services. According to the data on China's absorption of foreign capital in the first three quarters released by the Ministry of Commerce a few days ago, from January to September, the actual amount of foreign capital used in the country was 859.51 billion yuan, an increase of 19.6% year-on-year, close to 20%. Not only is the growth rate large, but the investment structure is also continuously optimized. In the first three quarters, the actual use of foreign capital in the service industry was 685.32 billion yuan, an increase of 22.5% year-on-year. The actual use of foreign capital in high-tech industries increased by 29.1%. Among them, the high-tech service industry increased by 33.4%, and the high-tech manufacturing industry increased by 15.2%.

It can be seen that China stabilized foreign investment in the first three quarters, attracted and utilized foreign capital, and its report card was very bright. The global epidemic is complex and changeable, and economic development is facing the most difficult attack in history. At such a difficult and critical moment, China's policy measures such as stabilizing foreign investment have played a positive role in overcoming difficulties and seeking progress in stability. Especially as the door of opening up is getting wider and wider, opening wider and brighter, foreign investors are also more optimistic about the Chinese market, optimistic about the resilient Chinese economy, and more optimistic about open cooperation, mutual assistance and win-win China. As a large developing country and the world's second largest economy, China treats each other with sincerity, attaches great importance to good, adheres to mutual assistance and win-win results, vigorously stabilizes foreign investment, and strongly attracts and uses foreign investment, all of which have given foreign investment firm confidence.

Since the beginning of this year, the gratifying situation of stabilizing foreign investment, attracting foreign investment and using foreign capital in our country has also been further consolidated and developed. For example, from the perspective of the source, the first three quarters of stabilizing foreign investment and promoting the attraction and use of foreign investment have shown a strong momentum. The data shows that the actual investment of countries along the "Belt and Road" and ASEAN increased by 31.9% and 31.4% respectively year-on-year, both exceeding 30%. This growth ratio shows that expanding opening up, strengthening cooperation, mutual trust and mutual assistance, mutual benefit and win-win results, optimizing the environment and serving all parties are undoubtedly successful moves in stabilizing foreign investment, and are undoubtedly the driving force for attracting and using foreign investment. From the perspective of regional distribution, the actual use of foreign capital in the eastern, central, and western regions of our country has increased by 19.8 percent, 29 percent, and 4.1 percent respectively, and the growth rate is also considerable, indicating that the more open and invigorating the areas, the more hot land for foreign capital to enter, and its strength will also increase greatly.

Jilin, the old industrial base in the northeast, stabilizes foreign trade, attracts foreign investment and uses foreign capital, and is also actively promoting, and the silence of "investment is not enough for Shanhaiguan" has been broken. The data shows that in the first three quarters, the actual use of foreign capital in Jilin Province was 656 million US dollars, an increase of 28.32% year-on-year, higher than the national average. Not only that, but it also ranked second in the total number of the three northeastern provinces and ranked first in terms of growth rate, setting a new record for the actual use of foreign capital in Jilin Province in the same period. Why did Jilin submit this transcript of color? The answer is not complicated, because since the beginning of the year, closely focusing on stabilizing foreign investment, adhering to the extension of the industrial chain as the foundation, guiding foreign-funded enterprises to make full use of the foreign investment policy, making full use of important platforms such as the Northeast Asia Expo and the Global Kyrgyzstan Merchants Conference, effectively increasing the intensity of attracting foreign investment, and promoting the actual use of foreign qualifications.

The practice of the eastern, central, and western regions, as well as jilin and even the practice of the whole country, proves that the policy measures are powerful, the investment environment is improved, there is attractiveness and development potential, and it is bound to be favored by foreign investors and foreign investors. However, we must also see that stabilizing foreign investment, attracting foreign investment and using foreign capital is not on a horizontal line, and while spiraling upwards, there will also be a certain decline, which can be described as undulating, very objective and realistic. What is important is that this ups and downs do not change the fundamentals, the upward trend is still obvious, and the attraction and use of foreign capital is still in a healthy state of staying power. For example, some experts pointed out that the growth rate of foreign investment absorption in the first three quarters showed a decline compared with the first half of the year, but overall, the absorption of foreign capital still maintained a high growth rate, highlighting that China is still one of the best investment destinations in the world. In short, an open China has stabilized foreign investment, stabilized its integrity and confidence, and its charm is particularly attractive.

China's steady and good economic fundamentals, perfect and powerful industrial chain supply chain support, continuous optimization of the business environment and the implementation of the results of the deepening reform of "decentralization and management services", etc., have always been favorable factors for attracting foreign investment, and will continue to release the dividends of stable foreign investment actions, which is conducive to domestic economic development and benefits countries around the world. Make every effort to do a good job in stabilizing foreign investment, promote a higher level of opening up to the outside world, further relax the market access for foreign capital, increase the service guarantee for foreign-funded enterprises and foreign-funded projects, promote the implementation of major foreign-funded projects, implement the catalogue of industries that encourage foreign investment, do a good job in risk prevention and control while strengthening services, and protect the legitimate rights and interests of foreign-funded enterprises according to law. (Xinren)