Xinhua Beijing, April 17 (Xinhua): absorption of foreign capital for five consecutive months decline in foreign investment, “light” fade
the Xinhua reporter Wang Xi, Wang Pan, Lei Min
Commerce Department data released on the 17th show that a quarter of China’s actual foreign investment of $ 29.48 billion, down 2.8% March alone, foreign capital actually utilized 11.757 billion U.S. dollars, down 6.1 percent, which means that China has for five consecutive months to attract foreign capital fell. The reasons for the slowdown in foreign capital inflows? This downward trend will evolve into long-term trend?
the foreign capital inflows continued to slow down
since November last year, China’s absorption of foreign presents the trend continues to decline, the monthly year-on-year respectively, 9.76%, 12.73%, 0.3%, 0.9% and negative growth of 6.1%.
Shen Danyang of
spokesman for the Ministry of Commerce regular monthly press conference held on the 17th, analysts believe that the slowdown in world economic downturn in the global transnational direct investment in domestic real estate market regulation as well as last year over the same period a higher base of the three main reasons.
Shen Danyang, three months before the EU-27 in China this year, the actual amount of investment of $ 1.414 billion, a drop of 31.3%, with the debt crisis in Europe. Advocated by the U.S. government to “manufacturing industry”, the introduction of the United States, “and other plans to encourage the flow of capital, coupled with developing countries to increase foreign capital intensity and other factors have led to global direct investment flows to change.
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by the impact of domestic real estate market regulation, and the first quarter of the real estate sector use of foreign investment decreased by 6.3%. Said Shen Danyang, the last two years real estate areas attracting foreign investment to about a quarter of the foreign capital overall size, so the new changes in this area have a greater impact on the overall situation. In addition, the first quarter of last year, a higher base, the annual show “high to low”, may contrast.
the Central significant “depression effect” foreign “light” trend continuation
services in China in recent years the use of foreign capital proportion rising more than the manufacturing sector in 2011 for the first time. The first quarter data show that China’s absorption of foreign capital continued the trend of this kind of “light” transition: although the first three months, manufacturing and services is the actual use of foreign investment are somewhat lower compared to the same period last year, were down 4.69% and 2.5%, but the service sector use of foreign investment proportion continue to exceed the manufacturing sector, the former over the same period accounted for 47.6 percent of national total, while the latter was 44.4%.
analysts believe that this is due With the rising cost of labor, and other foreign capital inflows to the general manufacturing industry in China will be weakened; the other hand, it also speed up with China’s domestic economic restructuring and structural adjustment.
from the regional structure of the utilization of foreign capital, the central region to undertake the transfer of foreign industry significantly speeding up the foreign capital “depression effect” highlights. The six central provinces of the first quarter of the actual use of foreign capital of $ 2.479 billion, an increase of 20.72%.
the
State Information Center, the Economic Forecast Department Research Associate Mo Zhang Nan, China’s unique urban and rural structure and regional differences in industrial wheeled provides a space for the next 5-10 years, foreign investment can still transfer of industry to achieve the elements of a continuation of the dividend from the eastern to the central and western regions has certain cost advantages.
traditional foreign investment this year, gathered in coastal areas suffered rare in recent years a downward direction, the eastern part of the first quarter of attracting foreign investment fell to 3.66 percent. Guangdong Province, for example, Although a quarter of the actual use of foreign capital amount of $ 4.686 billion, an increase of 9.85%, but fell 10.32% in the amount of contractual foreign capital.
the of FDI slowed down or sustained but will remain a considerable scale
for the use of foreign investment situation of our country throughout the year, Shen Danyang, said “fairly severe”. Analysts believe that, for some time to the actual use of foreign investment declining trend is likely to continue.
Vice Minister of Commerce Wang Chao said recently that China’s absorption of foreign capital to face challenges, but the overall look at the comprehensive advantages of attracting foreign investment will continue to exist for a long, so foreign investment in China will maintain a fairly scale.
of Foreign Economic Research Department
the State Council Development Research Center of Long Guoqiang believes that despite rising wages, recruitment difficulties and challenges such as through the device investment, strengthen the management and other measures to improve the labor productivity, and to digest a considerable extent the pressure of rising labor costs. China in the foreseeable future, is still one of the world’s most competitive low-cost processing and assembly and manufacturing country. The same time, China’s domestic market is not only huge, but to maintain a rapid expansion to become the primary factor in attracting foreign investment in China.
For most of the foreign companies,
attract them settled in China first and foremost reason is not cost, but the Chinese market, the Law Committee Chairman, chairman of the board of Schneider Electric Group Guohua told reporters that China improve industrial networks, higher quality of talent and R & D capability is also important foreign factors.
Shaw Harrier fly,
GDUFS, deputy director of International Economic and Trade Research Center prompted the first quarter of absorption of foreign investment decreased latent trend trends can not be ignored. His analysis that, in the long run, China’s absorption of foreign capital has entered the stationary phase, the future continue to maintain double-digit increases are not likely to adapt to this changing situation should become concerned and the business imperative.
financial channels. _ Xinhua


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