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CCTV Financial Commentary丨Super large-scale market super determination to open up

author:CCTV Finance

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On April 28, Premier Li Qiang of the State Council met with Elon Musk, CEO of Tesla, in Beijing, saying that foreign-funded enterprises are indispensable participants and contributors to China's development, and China's super-large-scale market will always be open to foreign-funded enterprises.

Since the beginning of this year, senior executives of multinational companies have come to China intensively to participate in forums, negotiate business, and inspect investments. The data of the Ministry of Commerce confirms the expectations and actions of foreign-funded enterprises: the number of newly established foreign-funded enterprises in mainland China reached 12,000 in the first quarter, a year-on-year increase of 20.7%.

CCTV Financial Commentary丨Super large-scale market super determination to open up

Zhao Ping, president of the China Council for the Promotion of International Trade Research Institute, said that the trend of foreign investment directly reflects the attractiveness of the Chinese market. According to the CCPIT's quarterly survey on the business environment for foreign investment, in the first quarter of this year, more than 70% of the surveyed foreign-funded enterprises are optimistic about the development prospects of the Chinese market in the next five years, an increase of about 3.8 percentage points from the previous quarter, and the market attractiveness continues to be bullish.

CCTV Financial Commentary丨Super large-scale market super determination to open up

In fact, China has always put the optimization of the business environment in an important position, and foreign-funded enterprises have a high satisfaction evaluation of China's business environment, and the proportion of all indicators related to the business environment is "satisfied" and above has increased compared with the fourth quarter of last year, and the proportion of enterprises with "satisfactory" and above evaluation of nine indicators such as "obtaining business premises", "going through business closure procedures" and "market access" has exceeded 90%.

CCTV Financial Commentary丨Super large-scale market super determination to open up

Wan Zhe, a professor at Beijing Normal University, observed obvious signals of adjusting and increasing positions in Chinese assets from the latest changes in the holdings of overseas actively managed funds investing in Chinese assets, which shows that the investment opportunities in China's super-large market are still optimistic. In addition, data from the Ministry of Commerce show that in the first quarter, the mainland's high-tech manufacturing industry accounted for a significant proportion of investment, and the service industry, which is closely related to residents' lives, grew rapidly.

CCTV Financial Commentary丨Super large-scale market super determination to open up

Wan Zhe believes that as the mainland accelerates the development of new quality productive forces on the one hand, continues to promote the optimization of the business environment on the other hand, and creates new growth points from both hard power and soft power, the trend of optimizing the structure of foreign investment is becoming more and more obvious.

With the continuous introduction of the policy of stabilizing foreign investment, what new opportunities will be discovered for foreign-funded enterprises to deepen China's super-large-scale market? How will China provide more powerful comprehensive support for enterprises from all over the world to invest in China with peace of mind and confidence? For more exciting content, please watch CCTV Financial Review.

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Editor: Zhang Jingye