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沈建光:如何扭转外商投资持续下降趋势
Di Yi Cai Jing· 2025-08-21 04:13
Core Insights - The Chinese government emphasizes the need to expand high-level openness and stabilize foreign trade and investment, indicating a focus on attracting foreign investment despite challenges in the global economic landscape [1][7]. Group 1: Foreign Direct Investment Trends - China's foreign direct investment (FDI) has been on a downward trend, with significant declines noted in both the international balance of payments and the Ministry of Commerce statistics for 2024, marking the lowest levels since 1993 [2][3]. - In 2024, FDI from the international balance of payments perspective is projected at $18.6 billion, a decrease of $32.8 billion from the previous year, while the Ministry of Commerce reports actual foreign investment at 826.3 billion yuan, down 27.1% year-on-year [2][3]. - The decline in FDI is attributed to both short-term factors and the broader context of global supply chain restructuring, with significant reductions observed across various sectors, including information technology and manufacturing [3][4]. Group 2: Global Supply Chain Dynamics - The restructuring of global supply chains, particularly the "de-China" strategy promoted by Western countries, is reshaping the landscape for foreign investment in China, with a notable decrease in China's share of imports to the U.S. [4][5]. - The shift in investment patterns is evident, with greenfield investments in China dropping significantly while countries like India and Mexico see substantial increases in their FDI [5][6]. Group 3: Policy Responses and Recommendations - In response to the declining foreign investment, the Chinese government has initiated the "2025 Action Plan to Stabilize Foreign Investment," which outlines 20 tasks aimed at enhancing investment promotion and improving service guarantees [7][8]. - Recommendations for stabilizing foreign investment include maintaining free trade, expanding high-level openness, and promoting domestic consumption to leverage China's market size [8].