CCTV Financial Review | Greater Investment Attraction and Firmer Market Opening in China | Market | Open Market

Release time:Apr 14, 2024 21:36 PM

On August 13th, the State Council issued the "Opinions on Further Optimizing the Foreign Investment Environment and Increasing the Attraction of Foreign Investment", proposing 24 policy measures in 6 aspects, requiring better coordination of domestic and international situations, creating a market-oriented, rule of law, and internationalized first-class business environment, fully leveraging China's super large-scale market advantages, and attracting and utilizing foreign investment more vigorously and effectively.

On August 14th, officials from relevant departments such as the Ministry of Commerce stated at the regular policy briefing of the State Council Information Office that the Chinese economy continues to recover and the super large-scale market holds enormous development potential. China's firm determination to open up, vast market opportunities, complete industrial system, and high-quality business environment are attracting foreign investors to increase their investment in China. In the first half of this year, China added 23536 foreign-invested enterprises, a year-on-year increase of 35.7%.

Guo Liyan, Director of the Situation Department of the Decision Consulting Department of the China Academy of Macroeconomics, believes that the Chinese market will always be a fully open large market. The comprehensive investment advantage of China's large market is constantly strengthening, including a complete industrial system, complete infrastructure, abundant talent resources, adequate factor guarantee, and continuous optimization of the business environment. In high-tech fields such as biomedicine, advanced manufacturing, modern services, and digital economy, it can provide more market opportunities with investment returns for enterprises from various countries, and its attractiveness to foreign investment is significantly enhanced.

CCTV financial commentator Liu Ge believes that high-quality openness should be used to promote high-quality development. He noted that among the 24 measures listed, accelerating the landing and production of foreign-invested projects in the biopharmaceutical field, and encouraging foreign-invested enterprises to carry out clinical trials of overseas listed cell and gene therapy drugs in China in accordance with the law; Increase the opening up of the service industry and support the standardization and exploration of intellectual property securitization; Deeply implement measures such as pilot domestic investment by qualified overseas limited partners. He believes that these measures are both specific and meticulous, and reflect the coordinated efforts of multiple departments. For foreign investors, it shows the sincerity of the Chinese government to further expand its opening-up.

CCTV Financial Review | Greater Investment Attraction and Firmer Market Opening in China | Market | Open Market

How should we view the current situation of utilizing foreign investment? How can the 24 measures to increase the attraction of foreign investment take root? What is the investment prospect and potential of the Chinese market? For more exciting content, please watch this issue of CCTV Financial Review.

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