全球媒体聚焦 | 南华早报：从“世界工厂”到“投资大国”中国全球投资模式发生改变

Group 1 - Foreign Direct Investment (FDI) has been a crucial pillar of China's economy since the reform and opening-up, contributing to its rise as the "world's factory" [1] - China has rapidly expanded its Outbound Direct Investment (ODI) over the past two decades, becoming one of the top three outbound investment countries globally [1] Group 2 - The growth of China's ODI is driven by companies seeking diversified revenue sources, with a trend towards targeting emerging markets amid global trade uncertainties [2] - In 2024, China's direct investment in ASEAN is expected to increase by 36.8%, primarily in the manufacturing sector, aiding companies in tapping into the region's growing domestic market [2] Group 3 - China's investment model has shifted from focusing on single infrastructure projects to high-value sectors like green energy and telecommunications, adopting a "chain transfer" model for overseas investments [3] - Chinese companies are increasingly emphasizing technology transfer and management experience, with significant training initiatives for local professionals in host countries [3] Group 4 - In developed markets, particularly Europe, greenfield investments by China are expected to dominate its direct investments, especially in the electric vehicle sector, indicating a deepening localization of Chinese enterprises [4] Group 5 - A growing number of Chinese companies are using the Renminbi for overseas investments, with 27.1% of surveyed companies reporting that over 50% of their ODI is in Renminbi, an increase of 2.2 percentage points from the previous year [5] - Nearly 67% of surveyed companies plan to increase the proportion of Renminbi in their overseas investment projects, marking a recent high [5] Group 6 - This trend is accelerating the internationalization of Chinese financial institutions, necessitating product upgrades and more complex global risk pricing and compliance systems [6] - Recommendations for furthering the internationalization of Chinese financial institutions include enhancing innovation and strengthening cross-border regulatory coordination [6]