界寻找可持续发展的优先选项。 锚定未来，中国作为全球第二大消费市场，坐拥全球最大规模中等收入群体，蕴含着巨大投资和消费潜 力。 编者按：党的二十届四中全会审议通过"十五五"规划建议，擘画了中国未来五年的发展战略与实施路 径。蓝图绘就新征程。央视网《联播观察》推出《解码"十五五"》系列微视频，与您一同聚焦宏伟新蓝 图，洞察时代新脉动，解码发展新机遇，见证中国全面建设社会主义现代化国家的坚定步伐。 联播+"与中国同行就是与机遇同行，相信中国就是相信明天，投资中国就是投资未来。" 党的二十届四中全会后首次出席国际盛会，习近平主席再次向世界发出共享机遇、共同发展的真诚邀 约。 "十四五"以来，我国持续推动贸易和投资自由化便利化，外资准入负面清单不断缩减，制造业领域外资 准入限制全部"清零"，累计吸收外资超7000亿美元，新设外资企业24万多家。"投资中国"成为海外工商 "十五五"规划建议提出一系列拓展双向投资合作空间的务实举措，包括落实好"准入又准营"、缩减外资 准入负面清单等。这将进一步擦亮"投资中国"金字招牌，同时为外资企业营造更加稳定、透明、可预期 的营商环境，让其在中国顺利发展，在全球竞争中抢占先机。 总监制 ...

央视网消息：记者11月12日从上海证券交易所国际投资者大会了解到，随着我国资本市场高水平制度型开放不断拓展，境外投资者持有A 股的市值提升，从2020年底的超3万亿元增长到目前的超3.5万亿元。 与会嘉宾认为，一年多来，A股主要股指平稳上行，明晟中国指数年内跑赢全球市场；尤其是我国坚定不移稳妥有序推进资本市场双向开 放，为各类国际投资者营造放心投的制度环境。 中国证监会副主席 李明：目前，境外投资者持有A股的市值超过3.5万亿元，是A股市场的重要参与力量。展望未来，中国资本市场对外开 放的大门只会越来越大。推动更多期货期权品种纳入对外开放品种范围，提高外资机构参与中国资本市场的便利度。 记者观察到，无论是场内发言，还是场外交流，"投资中国就是投资未来"已经成为外资机构高管们的共识。 摩根资产管理环球主席 白博文：对摩根大通而言，中国是我们的关键战略重点。在中国，我们拥有最大的外商独资公募基金公司，管理 着超过2600亿元人民币的资产。 谈及中国的"十五五"规划，外资机构高管表示，相信中国一定能够达成规划目标，从而带来企业盈利能力的提升和股票投资的良好回报。 宏利投资管理全球首席投资官 浦科令：（"十五五"规划 ...

聚焦并购，Colin Purdie认为，中国当前的监管改革以及市场趋势给公司带来了更多的机会，"中国的并购市场正在进行转型，比 如说医疗行业特别具有吸引力，而且中国的人口老龄化和医疗改革不断在推动创新和提高效率，这也让其成为并购主要的目的 地。同时消费行业也带来了巨大的机会，一些大的美国公司在中国成功扩张，通过并购进入市场，并且中国的中产阶级购买力 越来越大。" 此外，中国庞大中产阶级带来的消费领域投资机会，电子商务的快速发展，"双碳目标下"中国新能源产业（包括光伏、风能、 电动汽车等）的扩张，以及不断发展的金融科技和保险领域，都给Colin Purdie留下了深刻的印象。 总结来看，Colin Purdie表示，中国的股市和债市提供了多样化投资机会，包括高收益的政府债券和企业债券，股市中的科技、 消费品和绿色能源的投资机会等。 展望未来，Colin Purdie认为，中国资本市场未来还将有几大关键趋势，比如市场的开放、人口结构的变化、地缘政治的变化， 这些都会影响国际资本对投资机会的判断。 "人口结构变化以及城市化是影响市场的重要因素。中国人口老龄化对于医疗、退休规划、养老服务有巨大的需求。同时，地缘 政治 ...

经济观察网据央视财经消息，瑞银投资银行近日发布报告称，今年三季度，外国机构投资者进一步增持 中国股票。全球前40大投资机构的中国股票持仓升至1.1%，为2023年一季度以来的最高水平。在上海 证券交易所国际投资者大会上，记者也能明显感觉到外资机构高管对投资中国展现出浓厚的兴趣。记者 观察到，无论是场内发言，还是场外交流，"投资中国就是投资未来"已经成为外资机构高管们的共识。 谈及中国的"十五五"规划，外资机构高管表示，相信中国一定能够达成规划目标，从而带来企业盈利能 力的提升和股票投资的良好回报。 ...

Group 1 - The "Investment China: Sino-Japanese Advanced Technology Matching Conference" was successfully held during the 8th China International Import Expo, with over 200 participants including executives from more than 80 Fortune Global 500 companies and industry leaders from Japan [1][2] - The Deputy Director of the Investment Promotion Bureau of the Ministry of Commerce emphasized the deep economic cooperation and mutual benefits between China and Japan over the past 50 years, highlighting China's role as a safe and attractive investment destination for foreign businesses [1][2] - The conference served as a platform for sharing innovative practices and discussing the development prospects of advanced technology industries between China and Japan, promoting collaboration and the integration of technology with the economy [3] Group 2 - Presentations were made on the current state of Sino-Japanese economic cooperation and the future of advanced technology industries, with case studies shared by representatives from various organizations [2] - A roundtable discussion focused on collaborative innovation in advanced technologies, particularly in the fields of intelligent robotics and health care, generating enthusiastic responses from attendees [2]

【文/观察者网 王一】当一些西方舆论仍沉溺于"唱空中国"的叙事时，真正的全球投资者已看到了机 会。美国私募投资巨头泛大西洋投资集团董事长兼首席执行官威廉·福特强调，西方投资者低估中国， 导致错失了绝佳的投资机会。 据香港《南华早报》11月10日报道，福特上周在香港参加2025家族企业峰会期间接受了采访。他表示， 西方投资者低估了中国的创新能力、创业精神及经济动能，害怕风险而回避中国市场，导致他们错失 了"一些绝佳的投资机会"。 福特指出，新一代雄心勃勃的中国企业家正在崛起，从工业自动化到医疗科技等多个领域的多家企业， 都在奉行"从中国走向全球"的发展战略。 "他们希望进入国际市场，成为真正的全球领军者。"刚结束了为期两周的中国访问行程的福特说道。 泛大西洋投资集团董事长兼首席执行官威廉·福特 世界经济论坛 报道提到，自2023年以来，中国监管机构加快了企业赴海外上市的审批流程，企业并购活动亦呈增长态 势。根据国际专业服务机构普华永道的预测，今年相关交易规模将实现两位数的高增长。 中国商务部数据显示，今年1月至9月，全国新设立外商投资企业48921家，同比增长16.2%；同期实际 使用外资5737.5亿元人民币 ...

Core Insights - The China International Import Expo (CIIE) serves as a crucial platform for multinational companies to understand market trends and share opportunities in China's development [1][4] - Since its debut in 2019, the Red Bull brand under the Tsingtao Group has successfully transitioned from exhibiting products to becoming an investor in the Chinese market, leveraging the CIIE for deeper investment and innovation [1][3] Company Developments - Tsingtao Group has participated in the CIIE for seven consecutive years, perceiving the vitality and momentum of the Chinese market with each attendance [4] - The company has invested a total of 4.36 billion RMB (approximately 600 million USD) in China over the past five years, reflecting its commitment to the growing consumer market [4] Product Innovations - Tsingtao Group has introduced several innovative products at the CIIE, including the sugar-free Red Bull® vitamin energy drink in 2022 and the world's first bottled Red Bull® energy drink in 2023, catering to diverse consumer needs [3] - The company showcased a diverse product portfolio at the current CIIE, including popular local products from Thailand such as the high-end energy drink Ready and the leading electrolyte drink Sponsor [3]

Core Insights - The China International Import Expo (CIIE) has become a platform for foreign companies to transition from exhibitors to investors, reflecting China's commitment to development and openness [1][2][4] - Major companies like Estée Lauder, Danone, Samsung, and Zeiss are significantly increasing their investments in China, indicating strong confidence in the Chinese market [1][2][3] Company Summaries - Estée Lauder signed a procurement intention order worth $480 million at CIIE, emphasizing the importance of the Chinese market as a growth engine for the company [1] - Danone aims to make China its largest global market within five years, planning to establish a research center in China to drive innovation [2] - Samsung has invested nearly $55 billion in China since entering the market in 1992, with plans to continue expanding its production and R&D capabilities [2] - Zeiss is enhancing its local investment strategy, with significant projects like a new headquarters in Shanghai and a manufacturing base in Suzhou, aiming to boost service capabilities and innovation [3] Industry Trends - The latest "World Open Report 2025" indicates that China offers one of the highest investment returns globally, with foreign direct investment returns averaging around 9% over the past five years [4] - A report by KPMG highlights a notable increase in M&A activities by multinational companies in China, with many planning to maintain or increase investments despite global economic uncertainties [5] - Over half of the surveyed multinational companies express optimism about China's economic growth for 2025, with expectations for this sentiment to rise in the next three to five years [5]

Core Viewpoint - L'Oréal's CEO emphasizes that investing in China equates to investing in the future, highlighting the importance of the Chinese market in the company's global strategy [1][5]. Group 1: Importance of China in L'Oréal's Strategy - China is L'Oréal's second-largest market globally and a key source of innovation for the group [3]. - The establishment of L'Oréal's China R&D center marks its 20th anniversary, showcasing the significant insights and digital innovations emerging from China [3]. Group 2: Economic Contribution and Employment - L'Oréal has created over 330,000 direct or indirect jobs in China, indicating that for every job created by L'Oréal, an additional 20 jobs are generated in other sectors [4]. - The company's contributions align with China's socio-economic development and reflect its commitment to the local market [4]. Group 3: Innovation and Collaboration - L'Oréal's collaboration with local institutions and startups fosters a vibrant innovation ecosystem, which is crucial for the company's growth [4]. - Three of L'Oréal's innovations were recognized in TIME magazine's "Best Inventions of 2025," all of which have strong ties to China [4]. Group 4: Vision for the Future - The company believes in the power of beauty to drive societal progress and prosperity, aligning with the vision of shared future at the expo [4]. - L'Oréal invites attendees to explore its innovations and share in the vision of a beautiful future [5].

Core Insights - Wang Guobin, the general manager of Quan Guo Fund, passed away on November 3 at the age of 57, leading to a change in leadership with Chairwoman Ren Li taking over as acting general manager [2][3] - Wang was a prominent figure in China's capital markets, known for pioneering the "value investment" philosophy and having over 30 years of experience in the securities industry [3][5] Company Overview - Quan Guo Fund was co-founded in 2022 by Wang Guobin and Ren Li, with a registered capital of 100 million RMB, and is based in Shanghai [7] - The fund's asset management scale reached 23.787 billion RMB by the end of Q3 2023, with six funds under management, primarily in mixed funds [7] Leadership and Philosophy - Wang Guobin emphasized the importance of patience in investing and advocated for a disciplined approach to value investment, focusing on areas where one has a competitive advantage [5][6] - The company aims to uphold Wang's investment philosophy and commitment to maximizing long-term value for investors [8]