外资闭店撤离，中国要变天？别慌，刚吃饱饭的我们可没那么脆弱

Core Viewpoint - The narrative of foreign capital "retreating" from China is a misinterpretation, as the country is undergoing a structural adjustment rather than a complete withdrawal of foreign investment [3][6][24] Group 1: Foreign Investment Trends - In 2024, nearly 59,100 new foreign-invested enterprises were established in China, marking an increase of nearly 10% from the previous year, despite a 27.1% decline in actual foreign investment [6][8] - The global foreign direct investment landscape is currently volatile, with a notable increase in new foreign enterprises in high-tech and emerging industries in China [8][10] - The changes in foreign investment are characterized by a shift towards high-tech production, research and development, digital economy, and specialized services, indicating a strategic realignment rather than a mass exit [10][14] Group 2: Economic Context - The exit of some traditional and labor-intensive industries is occurring, with manufacturing lines moving to countries like Vietnam and India due to lower labor costs, but this does not signal a collapse of the Chinese economy [10][19] - The perception that foreign brands leaving equates to the end of the Chinese economy is a cognitive bias, as the overall trend shows that foreign investment is adapting to new market demands and competitive pressures [16][19] - China's market is evolving from reliance on foreign capital for technology and investment to leveraging foreign investment to accelerate the development of high-end industries, reflecting economic growth and industrial maturity [21][22] Group 3: Future Outlook - The ongoing structural adjustment in foreign investment indicates that while some capital is leaving, high-end investments are increasingly willing to establish a presence in China, demonstrating sustained market confidence [24] - The narrative of foreign capital retreat should be reframed to focus on whether China can maintain its footing in industrial upgrades and whether foreign investors are still interested in participating in future growth [22][24] - China's attractiveness as a global investment destination remains strong due to its large consumer market, complete industrial chain, and continuous innovation, positioning it as a "certainty oasis" for global capital [14][24]