第二十五届中国国际投资贸易洽谈会（以下简称"投洽会"）将于9月8日到11日在福建省厦门市举办。8 月26日，国务院新闻办举行新闻发布会介绍有关情况。 投洽会是我国唯一以投资为主题的国家级重大展会，也是"投资中国"的标志性展会。商务部副部长兼国 际贸易谈判副代表凌激介绍，本届投洽会以"携手中国投资未来"为主题，聚焦"投资中国""中国投 资""国际投资"三大板块，设立约12万平方米展区，将举办70多场投资专题活动和100多场专题路演。 坚定不移扩大对外开放。将积极稳妥扩大增值电信、生物技术、独资医院等领域开放试点，继续推进有 关领域开放，切实落实外资企业国民待遇，着力破解市场准入中"大门开、小门不开"的具体问题，让外 资企业"既准入又准营"。 增强开放平台赋能。深入贯彻实施自贸试验区提升战略，加快推进服务业扩大开放综合试点工作，提高 国家级经开区外向型经济发展水平。 将举办70多场投资专题活动和100多场专题路演 加强服务保障。去年以来，商务部已组织召开40场外资企业圆桌会议，推动解决1500多件外资企业困难 和诉求。将继续办好圆桌会议，开展"服务保障进外企"专项走访活动。在大规模设备更新、消费品以旧 换新、政府 ...

Core Insights - As of June 30, 2023, China has achieved a cumulative foreign direct investment (FDI) of $708.73 billion during the "14th Five-Year Plan" period, surpassing the target of $700 billion set for the first six months [1] - The number of newly established foreign-funded enterprises reached 229,000, an increase of 25,000 compared to the "13th Five-Year Plan" period [1] - Foreign-funded enterprises contribute significantly to China's economy, accounting for one-third of total imports and exports, one-fourth of industrial added value, and one-seventh of tax revenue, while creating over 30 million jobs [1] Group 1: Investment Environment Optimization - China has implemented a "three optimizations and one improvement" strategy to create a favorable environment for foreign investment [2] - The open environment has been enhanced by fully implementing national treatment and a negative list management system for foreign investment, removing restrictions on foreign investment in the manufacturing sector [2] - Over 1,100 pilot tasks have been launched in 20 provinces and cities to expand service industry openness [2] Group 2: Market Environment Improvement - The "Foreign Investment 24 Measures" and the stable foreign investment action plan have been introduced, with 42 out of 59 measures fully implemented [2] - Continuous improvements in government procurement, intellectual property protection, cross-border data flow, and tax incentives have been noted [2] Group 3: Legal and Policy Environment Enhancement - More than 500 regulations have been formulated, revised, or abolished to optimize the legal and policy environment for foreign investment [3] - A robust service guarantee system has been established, with local governments forming specialized teams to communicate with foreign enterprises [3] Group 4: Global Perception and Future Outlook - Many multinational companies view China as an ideal, safe, and proactive investment destination, describing it as a "certainty oasis and investment hotbed" [3] - Events promoting investment in China have been held over 60 times, with the annual "Investment Fair" on September 8 becoming a hallmark event [3] - The emphasis on investing in China is framed as investing in the future, encouraging foreign enterprises to grow alongside China's modernization efforts [3]

Group 1 - The core viewpoint of the news is that China has successfully achieved its foreign investment target of $700 billion six months ahead of schedule during the "14th Five-Year Plan" period, with actual foreign investment reaching $708.73 billion by the end of June this year [1] - Since the 18th National Congress, China's foreign investment management system has undergone historic changes, leading to a significant increase in both the scale and quality of foreign investment [1][2] - A total of 229,000 new foreign-funded enterprises were established during the "14th Five-Year Plan" period, an increase of 25,000 compared to the "13th Five-Year Plan" [1] Group 2 - The quality of foreign investment has significantly improved, with high-tech industries accounting for 34.6% of foreign investment in 2024, a 6 percentage point increase from 2020 [2] - The Chinese government has optimized the investment environment by implementing national treatment for foreign investment and removing restrictions on foreign investment in the manufacturing sector [2] - Over 500 regulations and policies have been formulated, revised, or abolished to create a better legal and policy environment for foreign investment [2] Group 3 - The Chinese government emphasizes that investing in China is synonymous with investing in the future, encouraging foreign enterprises to achieve greater development in the process of China's modernization [3]

Group 1 - The Ministry of Commerce has been actively promoting the "Invest in China" brand through various investment promotion activities, including hosting global industry investment conferences and engaging with foreign countries to showcase China's favorable business environment [1][3] - In the second half of the year, the Ministry plans to hold significant events such as the 25th China International Investment and Trade Fair in Xiamen and support local governments in targeted investment activities to highlight regional industrial characteristics [3] - The Ministry will collaborate with local departments to implement policies aimed at enhancing free trade zones and economic development zones, focusing on improving the quality and efficiency of these areas to attract high-quality foreign investment [3] Group 2 - The electric bicycle market has seen a significant increase in sales through trade-in programs, with a month-on-month growth rate of 113.5% from January to June, indicating a strong demand for electric bicycles across the country [4] - As of June 30, a total of 8.465 million electric bicycles were exchanged through the trade-in program, which is 6.1 times the volume expected for 2024, demonstrating a robust market trend [4] - Provinces such as Jiangsu, Hebei, and Zhejiang have each sold over 1 million electric bicycles, while 16 other provinces, including Anhui and Shandong, have sales exceeding 100,000 units, reflecting widespread adoption [4]

Group 1 - The Ministry of Commerce has been actively promoting the "Invest in China" brand through various investment promotion activities, including hosting international conferences and visiting countries to showcase China's investment policies [1] - In the second half of the year, the Ministry plans to hold the 25th China International Investment and Trade Fair in Xiamen and support local governments in targeted investment activities to highlight regional industrial characteristics [1] - The Ministry aims to attract more high-quality foreign investment projects by continuing investment promotion efforts in key countries [1] Group 2 - The Ministry of Commerce is working with local governments to implement policies aimed at enhancing the effectiveness of free trade zones and national-level economic and technological development zones [2] - The Ministry is focused on improving the "1+N+X" policy support system for national-level development zones to create more growth opportunities for enterprises and attract foreign investment [2] - The Ministry is also leading initiatives for the recycling and replacement of electric bicycles, which is expected to boost consumption and enhance safety in the industry [2] Group 3 - From January to June, the sales of electric bicycles through the recycling program saw a month-on-month increase of 113.5%, with a total of 8.465 million bicycles exchanged [3] - The total sales value of electric bicycles sold through the recycling program reached 24.77 billion yuan, significantly higher than in 2024 [3] - The top ten electric bicycle brands experienced a production increase of 27.6% year-on-year, and the program has positively impacted small and micro enterprises, with average sales growth of 302,000 yuan per store [3]

Core Viewpoint - The Ministry of Commerce emphasizes the importance of maintaining global supply chain stability and security, while actively promoting compliance in export approvals, particularly for rare earths to the EU [2]. Group 1: Foreign Direct Investment - In the first five months of this year, China's non-financial direct investment abroad reached $61.6 billion, a year-on-year increase of 2.3% [3]. - Investment in countries participating in the Belt and Road Initiative amounted to $15.52 billion, reflecting a significant growth of 20.8% [3]. - The total revenue from foreign contracted projects was $61.94 billion, up by 5.4%, with new contracts signed totaling $98.68 billion, an increase of 13% [3]. Group 2: Foreign Investment Policies - The Ministry of Commerce plans to enhance the investment environment for foreign enterprises by addressing their concerns and improving investment policies [4]. - The implementation of the "2025 Action Plan for Stabilizing Foreign Investment" will continue, with a focus on expanding open sectors, including education and healthcare [4]. - The "Invest in China" brand will be further promoted through various activities, with 19 key events held in the first half of the year to showcase China's investment advantages [4]. Group 3: Integration of Domestic and Foreign Trade - The Ministry of Commerce aims to implement an action plan to double the number of integrated domestic and foreign trade enterprises, fostering leading companies in this sector [5][9]. - A series of over 330 "Chinese Quality Products" events will be organized to enhance the level of these activities [7]. - Policies supporting enterprises will be strengthened, focusing on financial, insurance, and fiscal measures to alleviate costs for struggling businesses [8].

Group 1: Foreign Investment and Economic Cooperation - In the first five months of 2025, China's non-financial direct investment abroad reached $61.6 billion, a year-on-year increase of 2.3% [2] - Investment in countries participating in the Belt and Road Initiative amounted to $15.52 billion, growing by 20.8% [2] - The total revenue from foreign contracted projects was $61.94 billion, up 5.4%, with new contracts signed totaling $98.68 billion, an increase of 13% [2] Group 2: Multinational Companies Summit - The recent summit attracted 570 guests from 43 countries, focusing on new investment opportunities in areas like artificial intelligence and the silver economy [5] - The summit aimed to enhance foreign companies' confidence in investing in China and showcased China's commitment to high-level opening-up [5][6] - The Ministry of Commerce plans to implement policies to address foreign companies' concerns and improve the investment environment [6] Group 3: Trade Promotion Activities - The "Foreign Trade Quality Products Tour" has successfully helped over 19,000 foreign trade enterprises and buyers, generating a transaction volume of 24.8 billion yuan [8] - The initiative aims to integrate foreign trade products into the domestic market, with over 700 offline counters established in retail chains [8] - Future plans include hosting over 330 additional events to enhance the impact of the tour and improve policy support for participating enterprises [9] Group 4: South Asia Economic Cooperation - The 9th South Asia Expo recently concluded with signed trade contracts exceeding 8.6 billion yuan, promoting economic ties between China and South Asian countries [10] - Future efforts will focus on expanding economic cooperation, enhancing supply chain integration, and maintaining a multilateral trade system [11] Group 5: Rare Earth Export Regulations - The Ministry of Commerce is expediting the review of rare earth export license applications to stabilize global supply chains [12] - Ongoing communication with relevant countries is emphasized to facilitate compliant trade and address concerns raised by the EU regarding rare earth shortages [12]

Group 1 - The core viewpoint of the article emphasizes China's commitment to maintaining the stability and security of global supply chains, particularly regarding the approval of rare earth export licenses to the EU [2] - In the first five months of this year, China's non-financial direct investment abroad reached $61.6 billion, marking a year-on-year increase of 2.3%. Investment in Belt and Road Initiative countries amounted to $15.52 billion, a growth of 20.8% [4] - China's foreign contracted projects achieved a turnover of $61.94 billion, up 5.4%, with new contracts signed totaling $98.68 billion, an increase of 13% [4] Group 2 - The Ministry of Commerce plans to enhance the investment environment for foreign enterprises by improving investment policies and addressing their concerns [6] - The Ministry will continue to implement the "2025 Action Plan for Stabilizing Foreign Investment," expanding open sectors and promoting pilot projects in telecommunications and healthcare [6] - The "Invest in China" brand is being actively promoted through various events, with 19 key activities held domestically and internationally in the first half of the year [6] Group 3 - The Ministry of Commerce aims to foster integrated development of domestic and foreign trade by organizing over 330 "Chinese Quality Products" events in the second half of the year [8] - There will be an emphasis on enhancing policy support, including the implementation of 15 support policies and measures to alleviate costs for struggling enterprises [8] - The initiative includes a "Doubling Action" for integrated trade enterprises, aiming to cultivate leading companies and establish comprehensive service platforms [8]

Core Viewpoint - The Ministry of Commerce is committed to improving investment policies and creating a better business environment for foreign enterprises in China [1] Group 1: Investment Policy Enhancements - The Ministry will implement the "2025 Action Plan for Stabilizing Foreign Investment" to expand open sectors, including education and culture, and promote pilot projects in telecommunications and healthcare [1] - There will be a focus on comprehensive pilot demonstrations for expanding service industry openness and fostering multi-sectoral cooperation and innovation [1] Group 2: Promotion of "Invest in China" Brand - The Ministry has been actively promoting the "Invest in China" brand through a series of events, enhancing its recognition globally [1] - In the first half of the year, 19 key events were held domestically and internationally to showcase China's investment advantages and opportunities [1] - The Ministry plans to continue implementing the "Invest in China" brand strategy, including hosting the China International Investment and Trade Fair and conducting investment promotions in key regions [1]

Core Viewpoint - The article discusses the insights of Howard Marks, co-founder and co-chairman of Oaktree Capital, regarding the changing global economic landscape and the role of the Chinese market. Marks suggests that it is reasonable for investors to moderately reduce their allocation to U.S. assets, but the notion of "American exceptionalism" has not completely faded away. He emphasizes the importance of understanding China's pragmatic operational approach and trusting its practical wisdom in investment decisions [2]. Group 1 - Marks believes that investors should consider lowering their exposure to U.S. assets due to the evolving global economic conditions [2]. - The concept of "American exceptionalism" is still relevant, indicating that the U.S. market retains some unique advantages despite challenges [2]. - Understanding China's pragmatic approach is crucial for investors looking to engage with the Chinese market [2].