2015年3月30日星期一

Statistics about foreign investment in China


In 2014:
l  China absorbed 119.6 billion us dollars foreign capital ( bank, security, insurance are not included)
l  The foreign capital inflows of China became no.1 in the world
l  23,778 newly established firms with foreign investment in China
l  810,000 foreign firms has been allowed to set up in China
l  The actual utilization of foreign capital was 1.5 trillion us dollars

The trend of the foreign investment in China
Structure: The investment structure has changed from manufacturing-base to service-base

In 2014, the actual utilization of foreign capital in service industry accounted 55.4% of the total amount, 22% higher than manufacturing.  

In the first two months of 2015, the actual utilization of foreign capital was 138.19 billion RMB.

Service industry absorbed 61% of the total foreign capital amount while Manufacturing absorbed 33%

Country:
Top ten countries of the foreign investment:
Hongkong district, Singapore, Taiwan, Japan, Korea, America, German, Britain, France, Holland

The capital from the above countries accounted 94.2% of the total amount of the actual utilization of foreign capital in China.

Region:
The actual utilization of foreign capital in region: (RMB)

In the eastern region: 601.49 billion

In the middle region: 66.69 billion

In the western region: 66.16 billion

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2015年3月29日星期日

China will give priority to the development of Intelligent-manufacturing, green-manufacturing

China will give priority to the development of Intelligent-manufacturing, green-manufacturing
Executive meeting of the State Council emphasized China, along with the internet development trend, will prioritize the fields of information technology, high-end CNC machine tools and robot, aerospace equipment, marine engineering equipment, advanced shipping, advanced rail transportation equipment, new-energy car, electric power equipment, new materials, biological medicine, high-performance medical devices, agricultural machinery and equipment. 

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China opens the gate for foreign investment on manufacturing industry


China opens the gate for foreign investment on manufacturing industry. The requirement of foreign stock ratio of steel, ethylene, oil refining, papermaking, hoisting machinery, ship cabin machinery, power transmission and transformation equipment, coal chemical equipment, light helicopter, automotive electronic integrated system and liquor is cancelled. 

Non-ferrous metal metallurgy, small engineering machinery, plain bearing, photosensitive material, chloramphenicol are no longer restricted. 

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Three elements pushed the substantially increase of China’s export in February


According to the customs data, there is a great increase of China’s export in the first two months of 2015. The export volume decreased by 3.2% in January and increased by 48.9% in February. According to our analysis, the three reasons that cause the increase are:

1.       Affected by the spring festival, companies mainly exported during the upper half of February. And the base number of last year was small, so it makes the growth increase.

2.       The need from the developed countries has increased. At the beginning of the year, the American and European Union economy rebounded. In February, the export growth towards America and European Union has up to 48.5% and 44.2%.

3.       Political reason. Export rebate rate of textiles and clothing has increased from 1st January. This helps companies lower cost, enhance export competitiveness and improve the export enthusiasm. According to the statistics, the growth of textiles and clothing export volume has doubled in February.   

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Catalogue for the guidance of Foreign Investment Industries (2015) will be carried out on 10th April



Catalogue for the guidance of Foreign Investment Industries (2015) will be carried out on 10th April, which narrows the scope of foreign investment approval.

China mainly expands the foreign investment on service industry and general manufacturing industry.

The requirement of foreign stock ratio in E-commerce and chain business is cancelled and eased.

Direct selling and mail order are not restricted any more. 
Architectural design and pension institutions are encouraged.


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2015年3月27日星期五

The amount of China’s direct investment towards foreign countries has reached to 44.44 billion as of February 2015

Reported by Xinhua news agency, the amount of China’s direct investment towards foreign countries has reached to 44.44 billion as of February 2015, a 68.2% increase year-on-year.
From January to February, China has directly invested in 1684 foreign companies of 136 countries. China achieved the total investment of 106.78 billion in which capital stock has 89.62 billion with 83.9% coverage and reinvest profits has 17.16 billion with 16.1% coverage.  

The economic entities China mainly invested on are HongKong, ASEAN, EU, Australia, The USA, Russia, japan and so on. The amount of the investment towards the above entities has reached to 13.42 billion, covering 77% of the total investment for the same period.  

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Authorities overseas commented on AIIB: A multilateral win-win measure

The Asian Infrastructure Investment Bank established by China has brought hot discussion to international institute presidents and authorities oversea.
Since 12th March, Britain, German, France, Italy, Luxembourg, Switzerland has applied to join AIIB. The Ministry of Finance said that 27 countries have confirmed intention to become founding members of AIIB until now and the number will reach to 33 once the new application of 6 European countries is accepted.
Dose AIIB wants to compete with the other existing organizations? What will it do to the multilateral international institutes? The minister of finance Jiwei Lou reaffirmed that the bank is intended to cooperate with the current multilateral international institute, instead of competing.
This point of view gained agreement from the biggest three international organization presidents in the meeting--- president Lagarde of IMF, Executive vice president Sri Mulyani Indrawati of world bank, president Takehiko Nakao of The Asian Development Bank. They agreed that the existing global and regional organizations can cooperate with AIIB.
Lagarde considered china has sufficient reason to establish the organization and IMF will be delighted to cooperate with AIIB. She added that there is "massive" room for co-operation with AIIB on infrastructure financing.
Sri Mulyani Indrawati also welcomed AIIB. She considered any new initiative shortens the financing gap of the global infrastructure is welcomed and the global infrastructure market is large enough to have several organizations.
She said that the world bank will open its door to cooperate with AIIB. Moreover, the world bank has started the work on help building the standard and structure of AIIB with China so as to make sure a continuous way to develop infrastructure.
Takehiko Nakao considered that AIIB can meet the need of infrastructure and it can protect the environment by using the best actions. He also said that ADB and AIIB can contribute to the Asian development by cooperation and the ADB is now propelling reform in order to improve the financing ability.

Kcomdata, a platform provides Chinese private company intelligence comment that the reason why china established AIIB is not about political purpose. The Asian infrastructure lags behind because of fund shortage and the existing international organization can’t meet all the needs. AIIB can bring large amount of funds with strong support from developed countries.

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