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The "China Foreign Investment Development Report (2022)" press conference and the "Foreign Direct Investment under the Impact of Uncertainty" seminar were successfully held

Published: December 19, 2022 Editor: Zhu Xiangfeng

w88 casino News Network (provided by the Institute of International Economics)On the occasion of the 40th anniversary of the Institute of International Economics of the w88 casino, the "China Foreign Investment Development Report (2022)" press conference and the "Foreign Direct Investment under the Impact of Uncertainty" seminar hosted by the Institute were successfully held on December 18, 2022. As of this year, the Institute of International Economics has released the "China Foreign Investment Development Report" and held seminars for 10 consecutive years. The conference has become a brand academic conference in the field of China's utilization of foreign investment. The foreign investment report research team has conducted continuous academic research on the country’s opening-up level, which has been widely praised by all sectors of society and has also served national decision-making well.

This conference invited many influential experts and scholars in the field of foreign investment, including Professor Huang Weiping from the w88 casino of Economics of Renmin University of China, Researcher Hu Jiangyun from the Development Research Center of the State Council, Researcher Ma Yu, Director of the Foreign Investment Office of the Research Institute of the Ministry of Commerce, Professor Fang Min from the w88 casino of Economics at Peking University, Professor Zhang Xiaotao from the w88 casino of International Economics and w88 at the Central University of Finance and Economics, Researcher Liu Yingkui, Vice President of the China Council for the Promotion of International w88 Research Institute, and Professor Chen Weiguang, Chief Editor of "International Economic and w88 Exploration" at Guangdong University of Foreign Studies. At the same time, CCTV News, People's Daily, Xinhua News Agency, China Daily, International Business Daily, Economic Information Daily, WTO/FTA Consulting Network and many other authoritative media were also invited to participate in the meeting. The seminar was hosted by researchers Hu Mei and Li Yumei from the Institute of International Economics, w88 casino.

Sang Baichuan, Dean of the Institute of International Economics at the w88 casino, first delivered a speech. He briefly introduced the status quo and significance of the China Foreign Investment Development Report of the Institute of International Economics, reviewed the situation of foreign investment in the context of the great changes in the world economy, and expressed his welcome and gratitude to the guests attending the meeting.

Researcher Hu Mei, the leader of the "China Foreign Investment Development Report (2022)", gave an overall report on the research results. The report is divided into 12 chapters, including the overall development status of foreign investment, the trend of foreign direct investment in the manufacturing industry, the trend of foreign direct investment in the service industry, foreign direct investment in special economic zones, high-level opening up and foreign direct investment, high-level Foreign direct investment has been studied and analyzed from multiple research angles, including changes in foreign direct investment rules and policies under liberalization and opening up, the function of foreign direct investment in the domestic economic cycle, foreign direct investment under the impact of the COVID-19 epidemic, anti-corruption and foreign direct investment, "anti-globalization" and foreign direct investment, foreign direct investment under macroeconomic policy adjustments, and foreign direct investment under economic downward pressure.

In the expert speech session, Professor Huang Weiping from the w88 casino of Economics of Renmin University of China emphasized the importance of the digital economy. He pointed out that due to the uncertainty in the new round of scientific and technological revolution and industrial revolution, grasping the digital economy's dominant position in the reconstruction of the global industrial chain will have an important impact on future foreign investment.

Professor Zhang Xiaotao of the Central University of Finance and Economics highly affirmed the significance of the "China Foreign Investment Development Report" released by the Institute of International Economics. He mentioned that foreign investment plays an important supporting role in high-level opening up, and the activity of business entities truly reflects economic growth. Therefore, marketization and legalization are particularly critical. At the same time, when studying investment, you need to look at the world dimension, so that you can understand and solve real problems from an overall perspective.

Professor Fang Min from the w88 casino of Economics of Peking University believes that grasping deterministic changes is the key to research. Changes in the technological base will inevitably lead to industrial transfer and upgrading, and will also inevitably bring about geopolitical changes. Therefore, how to combine changes in FDI with my country's high-quality development is the core of the problem. In the new stage of development, it is necessary to manage expectations and carry out targeted reforms.

Researcher Ma Yu from the Research Institute of the Ministry of Commerce talked about changes in foreign investment in my country from the perspectives of changes in the international environment and the restructuring of global industrial and supply chains. He mentioned the impact of the Sino-US w88 war, the COVID-19 epidemic, the Russia-Ukraine conflict and other events on the international landscape. The importance of international w88 efficiency is getting lower and lower. Countries are paying more attention to w88 security. How China breaks through the blockade of high-end technology has become more important.

Researcher Hu Jiangyun of the Development Research Center of the State Council also affirmed the significance of the report. He pointed out that to attract foreign investment, we need to develop technology and deeply integrate into the world. At the same time, we must improve our ability to resist risks, grasp structural changes, pay more attention to issues such as the environment, labor, and values. We must also establish rules, improve transparency, and optimize the business environment. This is the only way to attract high-quality foreign investment.

Researcher Liu Yingkui of the China Council for the Promotion of International w88 emphasized the comprehensiveness, rigor, innovation and important reference value of the report. He reviewed the development history of my country's opening up, from tariffs to factors to institutional opening up, and proposed that in order to integrate with international standards, it is necessary to advance simultaneously multilaterally and bilaterally.

Professor Chen Weiguang of Guangdong University of Foreign Studies took Guangdong as an example to analyze the two sides of the introduction of foreign capital and outbound investment. He pointed out that only by institutional opening and high-quality introduction of foreign capital can we achieve high-level opening up under the new situation. We must learn from advanced international management experience, benchmark against international rules, and at the same time form China's voice in the process.

After the experts’ speeches, the meeting entered an interactive session.A reporter from Xinhua News Agency’s Economic Information Daily asked how to interpret the Central Economic Work Conference’s arrangements for the use of foreign capital. President Sang Baichuan answered from several perspectives such as system reform and FTA signing.A reporter from China Daily asked how to understand the greater efforts to attract foreign investment and how to view the challenges of foreign investment in high-end manufacturing. Researcher Liu Canlei of the research team answered that China’s huge market has influence on investors around the world. Greater efforts to introduce foreign investment are to implement a wider scope, wider fields, and deeper opening to the outside world; the production of high-end manufacturing products is more complex, and debt and other issues may affect them. At the same time, the adjustment and reconstruction of global innovation chains and supply chains may have certain risks. Researcher Hu Mei, leader of the research team, pointed out that the just-convened Central Economic Work Conference pointed out that we must proceed from the strategic overall situation and start by improving social psychological expectations and boosting confidence. In the field of foreign investment, it is reflected in greater efforts to attract and utilize foreign investment, promote high-level opening up, and force reforms to create a good business environment.

Researcher Ma Yu from the Research Institute of the Ministry of Commerce and Professor Huang Weiping from the w88 casino of Economics of Renmin University of China also made additions.The participating experts and scholars expressed unique academic insights at this seminar and made a profound analysis of issues related to foreign direct investment in China. The participation of the media also made the press conference more influential at the social level and at the level of serving national policies. The "China Foreign Investment Development Report (2022)" press conference and the "Foreign Direct Investment under the Impact of Uncertainty" seminar ended successfully with applause. At the same time, we also look forward to the "China Foreign Investment Development Report (2023)" to continue to deepen and explore the field of foreign investment.

 

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