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National Foreign Investment Work Conference Held in Beijing
2019/3/14 17:41:57 Source:MOFCOM

The National Foreign Investment Work Conference was held on February 26-27 in Beijing. Vice Minister of Commerce and Deputy China International Trade Representative Wang Shouwen attended the conference and delivered a speech.

Wang Shouwen pointed out that in 2018, the national business system earnestly implemented the decisions and deployments of the CPC Central Committee and the State Council, launched the "foreign investment promotion action plan", improved the foreign investment utilization policy system, promoted the construction of pilot free trade zones and free trade ports, implemented the projects of development zone innovation and upgrading, deepened the reforms to streamline administration, delegate powers, and improve regulation and services, strengthened investment promotion and protection, and successfully accomplished the goal of "stabilizing foreign investment". The foreign investment structure was further optimized, the opening up platform continued to develop healthily, and the "foreign investment promotion action plan" achieved a good start.

Wang Shouwen pointed out that at present, global economic and trade growth slows down, transnational direct investment continues to slump, and international investment absorption competition intensifies. China's use of foreign investment is facing a complicated situation. The national business system should turn challenges into opportunities, continuously improve the foreign investment environment and, improve the foreign investment service system, give better play to China's advantages in market space and infrastructure, and create more favorable conditions for the active and effective use of foreign investment.

Wang Shouwen emphasized that 2019 is a crucial year for implementing the "foreign investment promotion action plan". The national business system should follow the guidance of the Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, fully implement the spirit of the 19th CPC National Congress, the second and third plenary sessions of the 19th CPC Central Committee, earnestly implement the the Central Economic Work Conference’s deployment of "stabilizing foreign investment", continue to promote the "foreign investment promotion action plan" and work hard to accomplish all major tasks of foreign investment. We should focus on six aspects: first, focus on the deployment of the CPC, and spare no efforts to accomplish the goal of "stabilizing foreign investment"; second, focus on institutional construction and realize the legalization of foreign investment policy system; third, focus on key tasks and actively build new highlands for reform and opening up; fourth, focus on innovation and improvement, and construct high-quality national-level economic development zones; fifth, focus on coordinated development and further optimize the layout of regional opening up; sixth, focus on optimizing services and enhance foreign investment promotion and protection. We should ensure that the scale of China's utilization of foreign investment is stable, and the quality and efficiency are further enhanced, and the 70th anniversary of the founding of People’s Republic of China will be welcomed with outstanding results.

Representatives from departments of commerce and relevant agencies of all provinces, autonomous regions, province-level municipalities, the Xinjiang Production and Construction Corps, and municipalities with independent planning status under the national social and economic development attended the meeting.

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