(Source: "w88 online sports betting Economic Weekly" 2025-03-28)
Beijing in March is full of spring. In Beijing Yizhuang Economic and Technological Development Zone, on the production line of the Beijing Imaging Equipment Manufacturing Base, a "big" CT machine is gradually assembled and formed under the precise operation of the robotic arm.
"Of all 3 CT units sold by GE Medical are produced in Beijing. The export volume of equipment in this Beijing base accounts for about 50% of Beijing's medical machinery export volume, and it is supplied annually for more than 130 countries and regions around the world." The relevant person in charge of General Electric (hereinafter referred to as "GE") Medical Beijing Base proudly introduced to the reporter of "w88 online sports betting Economic Weekly".
Beijing base is GE Medical's first manufacturing base in w88 online sports betting and is currently one of the world's largest imaging equipment manufacturing bases. It has the capability of manufacturing imaging equipment in full series and full product line. In 2024, this place was rated as the first "beacon factory" in w88 online sports betting's medical equipment industry.
This is a microcosm of foreign-invested enterprises' investment in w88 online sports betting. If foreign-invested enterprises are compared to trees that grow vigorously, we can find that in this "jungle" of w88 online sports betting, foreign-invested enterprises have undergone many new changes: investment in high-tech industries, green economy, digital economy and other fields has increased significantly; accelerated digital transformation in w88 online sports betting, and used technologies such as big data, artificial intelligence, and cloud computing to continuously improve operational efficiency and market competitiveness... If foreign capital used to be like migratory birds, chasing low costs and policy dividends, it is now more like a giant tree that has taken root, extending its branches and leaves to a broader fertile ground for innovation.
In the open cooperation story written by w88 online sports betting and foreign countries, we see that the "gold content" of the sentence "Investing in w88 online sports betting is investing in the future" is still rising.
Visual w88 online sports betting
Foreign capital has not withdrawn from w88 online sports betting on a large scale
From the data, what is w88 online sports betting's achievements in utilizing foreign investment in 2024? On the one hand, 59,080 new foreign-invested enterprises were established nationwide, an increase of 9.9% year-on-year; on the other hand, the actual amount of foreign funds used was RMB 826.25 billion, a decrease of 27.1% year-on-year.
Two seemingly contradictory data have made many people unable to understand: Have foreign capital withdrawn from w88 online sports betting on a large scale?
In fact, behind these two "one increase and one decrease" data, it reflects the dynamic changes in foreign capital in w88 online sports betting's economic structure adjustment. Short-term fluctuations do not indicate the large-scale withdrawal of foreign capital from w88 online sports betting. On the contrary, in recent years, w88 online sports betting has remained a hot spot for global investment by continuously optimizing the business environment, expanding the opening-up field and promoting industrial upgrading.
Photo by Xiao Yi I, Chief Photographer
Foreign investment structure is being optimized to the field of high value-added
At any time, macroeconomic analysis cannot be separated from the international economic environment.
"The decline in foreign capital amount data is not only the result of the severe and complex international economic environment, but also the embodiment of w88 online sports betting's own economic structure adjustment." Fan Penghui, director of the Foreign Direct Investment Institute of the Institute of International Trade and Economic Cooperation of the Ministry of Commerce, analyzed to the reporter of "w88 online sports betting Economic Weekly".
From an international perspective, the decline in the scale of w88 online sports betting's foreign investment has declined and the decline in global investment is synchronized, and international trade has entered a cyclical decline.
The latest "Global Investment Trend Monitoring" report released by the United Nations Trade and Development Organization shows that global foreign direct investment fell by 8% in 2024. Asia, as the largest recipient of FDI in developing regions, has seen its investment inflows drop by 7%.
Fan Penghui said: "Under the background of the decline in global investment scale, foreign direct investment in w88 online sports betting has declined in recent years. This is a cyclical contraction formed by the scale of foreign investment utilization in my country after a high level, which is a normal phenomenon. After all, project investment requires cyclicality, some are high in years and some are low in years. These are normal market adjustments."
Returning to w88 online sports betting's data itself from the international environment, what we see is still resilience.
According to statistics from the w88 online sports betting Banking Research Institute, my country's actual foreign investment utilization scale reached a historical high in 2021 and 2022. In 2021, w88 online sports betting's actual amount of foreign funds used reached 1.15 trillion yuan, an increase of 14.9% year-on-year.
Although my country's actual foreign capital use amount was 1133.91 billion yuan in 2023, a year-on-year decrease of 8.0%, 53,766 new foreign-invested enterprises were established nationwide, a year-on-year increase of 39.7%.
"Since 2023, the scale of FDI (foreign direct investment) has indeed declined for two consecutive years, but looking at the elongation cycle, w88 online sports betting's actual scale of foreign investment utilization is still at the highest level in the past 10 years, firmly at the forefront of the world." Zhao Zhongxiu, president of the University of Foreign Economics and Trade, told a reporter from w88 online sports betting Economic Weekly.
Fan Penghui firmly believes that the statement that "foreign capital is withdrawing from w88 online sports betting on a large scale" is not valid.
"The outside world is more of an over-interpretation of individual cases or short-term fluctuations. In fact, w88 online sports betting is still one of the most important foreign capital inflow countries in the world, and the foreign capital structure is being optimized to the field of high value-added." Fan Penghui said.
Photo by Xiao Yi I, Chief Photographer
my country's foreign investment structure continues to be optimized
Whether foreign capital has cast a "vote of confidence" with practical actions to whether it is optimistic about w88 online sports betting's economy. However, some foreign-funded enterprises have indeed adjusted their layout in the Chinese market, and some enterprises have chosen to reduce their business or withdraw from the Chinese market.
For example, in the manufacturing field, Samsung has gradually closed some factories in w88 online sports betting, including mobile phone and electronic equipment production lines, and transferred production capacity to lower-cost countries such as Vietnam and India; in the retail and consumer goods field, Muji closed some Chinese stores in 2023, mainly due to intensified market competition and the rise of local brands, resulting in its decline in profitability in the Chinese market.
In addition, there are Apple's supply chain transfers and Microsoft Research Institute relocations... Among them are geopolitical risk factors and the result of intensified market competition.
"The United States' strategy for w88 online sports betting is that talents from multinational companies must go, and high-tech technology research and development must go, otherwise it is politically incorrect. Based on the competition between w88 online sports betting and the United States, Microsoft Research Institute has moved to India, and Apple's industrial chain has to leave w88 online sports betting, otherwise the supply chain business will be gone and there will be no money." Zhang Yansheng, a researcher at the w88 online sports betting Macroeconomic Research Institute, analyzed to the reporter of "w88 online sports betting Economic Weekly".
Some foreign capital withdraws from w88 online sports betting reflects the trend of rising labor costs in w88 online sports betting and the reconstruction of global supply chains. But looking at the essence through the phenomenon, in fact, in recent years, my country's structure of foreign investment utilization has been continuously optimized.
Data from the Ministry of Commerce shows that in 2023, the actual use of foreign capital in high-tech manufacturing industry accounted for 11.1% of the country's actual use of foreign capital, an increase of 1.5 percentage points over 2022; the proportion of investment attraction in the manufacturing industry reached 27.9%, an increase of 1.6 percentage points. In 2024, the actual use of foreign capital in high-tech manufacturing accounted for 11.7% of the country's actual use of foreign capital, an increase of 0.6 percentage points from 2023; the proportion of investment attraction in the manufacturing sector reached 26.8%, which was basically the same as last year on a slight decline.
"It is obvious that as w88 online sports betting's economic structure transforms from traditional manufacturing to high-value-added fields such as high-tech and service industries, the direction of foreign investment is also adjusting, and the attention and investment in emerging industries such as high-tech fields are getting higher and higher." Fan Penghui said.
For the transfer of multinational enterprises in the industrial chain, Zhu Bing, director of the Foreign Investment Management Department of the Ministry of Commerce, responded to this issue at the regular briefing on the State Council’s policy held by the State Council Information Office on February 20.
Zhu Bing said that w88 online sports betting is the second largest consumer market in the world, and the market size is still expanding steadily, consumption is continuing to upgrade, and the update and iteration of products and services is very fast. It is very common for various business entities, including foreign-funded enterprises to adjust their investment layout based on the Chinese market conditions, their own business development strategies and the comparative advantages of various countries. It is also a normal phenomenon of the market economy.
Overall, the Chinese market has maintained a relatively strong attraction to foreign capital. According to statistics from the Ministry of Commerce, as of the end of 2023, the number of foreign-invested enterprises in w88 online sports betting was 465,000, an increase of 46,000 from 2019 before the epidemic.
"It can be seen that although multinational corporations have inflows and outflows, the overall number of foreign companies investing in w88 online sports betting is still increasing," said Zhu Bing.
Fan Penghui believes that the growth of the number of foreign-invested enterprises is due to the changes in the structure of foreign-invested w88 online sports betting, and the proportion of service industry and high-tech industries has increased significantly.
The scale of foreign investment utilization in my country's service industry accounts for about 70%, and small and medium-sized service industry enterprises account for a high proportion of newly established foreign-invested enterprises.
"In recent years, foreign investment has shown a trend of service-oriented and light asset-oriented. Not only in w88 online sports betting, but also from the perspective of global cross-border investment, it has also shown a trend of service-oriented and light asset-oriented." Zhang Yansheng said.
The increase in the amount of foreign capital also indicates that foreign capital has shown "minified". Zhang Yansheng analyzed: "Some small and medium-sized foreign-invested enterprises have begun to invest in w88 online sports betting, which may be small and medium-sized enterprises that extend the supply chain, such as the Yiwu small commodity market. Now more and more foreign investment comes from some customers in Southeast Asia, the Middle East, Latin America and Africa."
Photo by Xiao Yi I, Chief Photographer
w88 online sports betting attracts foreign investment into a new stage
Foreign investment has two more "one increase and one decrease" comparison data: last year, w88 online sports betting's actual use of foreign capital decreased by 27.1% year-on-year, while foreign direct investment increased by 10.5% year-on-year. Once these two data are compared, it triggers a discussion on "Does w88 online sports betting still need foreign investment?"
But in fact, attracting and utilizing foreign capital has always been an important part of my country's basic national policy of opening up to the outside world. Practice has proved that foreign investment is a witness, contributor and beneficiary of w88 online sports betting's reform and opening up, and is an indispensable force for us to build a new development pattern.
From the perspective of contribution, data disclosed by the Ministry of Commerce shows that foreign-funded enterprises in w88 online sports betting contributed nearly 7% of employment, one-seventh of tax revenue, about one-third of imports and exports, and one-half of mechanical and electrical products and high-tech products. This is not only an important part of the domestic circulation, but also a bridge and link connecting the domestic and international dual circulations.
In addition, attracting foreign capital provides important support for my country to build a modern industrial system. Up to now, foreign investment in w88 online sports betting has covered 20 industry categories and 115 industry categories; in the manufacturing field, there are foreign investments in 31 major categories and 548 minor categories.
Foreign-invested enterprises have driven cross-border flows of capital, technology, raw materials, products, services, etc. through their supply chains, allowing my country to deeply participate in global industrial division of labor and cooperation, which will help us build a more open and resilient industrial chain and supply chain.
In Zhao Zhongxiu's view, the reason why w88 online sports betting's data on attracting foreign investment and foreign investment has attracted public attention is mainly based on two reasons: from the capital level, my country has gradually shifted from the past capital shortage stage to the capital surplus stage; from the perspective of foreign investment strategy, my country has shifted from the past stage of simply focusing on introducing foreign investment to a new stage of "bringing in" and "going out".
But does this mean that w88 online sports betting no longer needs foreign investment? In fact, my country has successively introduced new policies in the past two years and has responded to this problem with practical actions.
Based on the previously released "24 Foreign Investment Regulations" policy, the "2025 Action Plan for Stabilizing Foreign Investment" (hereinafter referred to as the "Action Plan") issued on February 17 this year further proposed 20 policy measures from four aspects: orderly expanding independent opening up, improving investment promotion level, enhancing the efficiency of open platforms, and increasing service guarantee.
The Action Plan also has a timetable, which clearly requires that various measures and policy measures will be implemented before the end of 2025, fully demonstrating my country's confidence and determination to adhere to high-level opening up to the outside world and vigorously attract foreign investment.
"Foreign investment is still an important source of capital, especially in some emerging fields and high-risk projects." Zhang Yansheng said that under the new development pattern, foreign investment helps to connect the two domestic and international markets and two resources. w88 online sports betting still needs foreign investment, but the demand for foreign investment has shifted from the past "quantitative" to "quality-driven".
At present, w88 online sports betting pays more attention to the quality of foreign investment, especially in the fields of high technology, high value-added and green economy. High-quality foreign investment will still choose to stay in w88 online sports betting, and more high-quality foreign investment will enter my country.
"Attracting foreign capital is 'you and I have you'. Only in this way can economic security be ensured. After all, the advantages of foreign capital are not only reflected in technology, but also in management advantages and cultural integration. These are indispensable." Zhao Zhongxiu said.
Foreign investment layout moves towards "new"
Recently, foreign capital continues to make intensive moves across w88 online sports betting: in the Yangtze River Delta region, the Boston Science Shanghai Lingang factory has been completed and opened, and consumables used for intravascular ultrasound diagnosis will be put into production here in the future; Toyota has built a wholly owned factory to produce Lexus pure electric vehicles.
In the Guangdong-Hong Kong-Macao Greater Bay Area, Dassault System plans to build a new quality productivity empowerment platform and foreign-funded subsidiaries, and Siemens' new high-end medical equipment research and development and manufacturing base is laid.
In the Beijing-Tianjin-Hebei urban agglomeration, Sanofi built a new insulin production base in Beijing, setting the company's largest single investment record in w88 online sports betting...
From these trends, it is not difficult to find a common trend - many visionary foreign companies are taking advantage of the advantages of w88 online sports betting's manufacturing industry chain to intensively increase capital and expand production in w88 online sports betting, promote the quality and upgrading of their own production capacity and R&D levels, and move towards "new".
Manufacturing restrictions are "cleared"
Walking at the Caojing Factory of Huntsman Polyurethane (hereinafter referred to as "Huntsman") in the Shanghai Chemical Industry Zone, modern production facilities are lined up one after another, logistics vehicles are shuttled in an orderly manner, and instrument data in the highly modern production and operation monitoring room is constantly jumping. These polyurethane "bloods" from Caojing base are continuously supplying downstream construction buildings, home life, transportation, textile and shoe materials, food storage and other markets through a well-connected pipeline w88 online sports betting.
Pan Lumin, a globally renowned chemical materials manufacturer and president of Huntsman Asia Pacific, told reporters: "Huntsman has been deeply engaged in the Chinese market for more than 30 years and has always been optimistic about the huge potential of the Chinese market and the policy environment for continuous opening up."
In recent years, more and more foreign-invested enterprises have actively participated in the digital and green development process of w88 online sports betting's manufacturing industry.
Data from the Ministry of Industry and Information Technology shows that in 2024, the actual use of foreign capital in manufacturing exceeded 220 billion yuan, and the actual use of foreign capital in high-tech manufacturing reached 11.7%. Among them, the medical device and instrument manufacturing industry, computer and office equipment manufacturing industry had outstanding growth rates, with actual use of foreign capital increasing by 98.7% and 21.9% respectively.
In GE Medical Workshop, a production line with only 20 people can achieve the output of a traditional factory with two or three hundred people. Based on real-time production scheduling based on cloud computing, the average order delivery time has been greatly shortened from the past 14 days to 7 days.
According to the reporter, the production line was developed by w88 online sports betting's R&D team and multiple forces, which can not only directly meet the needs of Chinese users, but its "Chinese Intelligent Manufacturing" is just like the former "Made in w88 online sports betting".
"Domestic products are not simply 'take-to-take-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-it-
Foreign investment access is the "barometer" for expanding opening up. On November 1, 2024, w88 online sports betting officially implemented the new version of the negative list for foreign investment access, and the restrictions on foreign investment access in the manufacturing industry achieved a historic "zero".
"The policy of 'zeroing' restrictions in the manufacturing industry is highly consistent with GE Medical's w88 online sports betting's strategy of deepening domestic layout and accelerating innovation and research and development. GE Medical's long-term development in w88 online sports betting will also benefit from this." Zhang Yihao said that in the future, GE Medical will further deepen its layout in w88 online sports betting and rely on policy dividends to achieve a leap of "Chinese innovation" to the high end of the global value chain.
The system focuses on implementation. The Action Plan points out that the requirements for comprehensively canceling restrictions on foreign investment access in the manufacturing sector should be implemented.
Biopharmaceuticals will be opened to foreign investment in an orderly manner
The policy dividends enjoyed by foreign capital are not only that, the "Action Plan" proposes "orderly expanding independent opening up", which includes: "expanding the pilot program for opening up in the fields of telecommunications, medical care, education, etc.", "optimizing the comprehensive pilot demonstration of expanding the opening up of the service industry", "promoting orderly opening up in the field of biomedicine", etc.
The orderly and openness of biomedicine has attracted much attention. The Action Plan proposes to "support qualified foreign-invested enterprises to participate in the pilot production of biological products in segmented production, accelerate the review of provincial pilot plans and quality supervision plans, promote the optimization of resource allocation in the biopharmaceutical industry, and coordinate and solve the difficulties and problems encountered by enterprises during the pilot process in a timely manner."
Administrators of w88 online sports betting from multiple multinational pharmaceutical companies interviewed told reporters that the "Action Plan"'s open policy in the field of biomedicine directly responds to the core demands of multinational pharmaceutical companies in w88 online sports betting, allowing them to personally feel the policy benefits of business development in w88 online sports betting.
On March 21, AstraZeneca announced an investment plan worth up to US$2.5 billion, which will establish the world's sixth and w88 online sports betting's second strategic R&D center in Beijing, and reach a number of major R&D and production cooperation.
"This US$2.5 billion investment demonstrates our confidence in Beijing's world-class life science innovation ecosystem, our confidence in the city's extensive cooperation opportunities and outstanding talent resources, and also reflects our firm commitment to w88 online sports betting." AstraZeneca's global CEO Pascal Soriot told reporters. In recent years, Suboke has visited w88 online sports betting frequently. In his opinion, w88 online sports betting is rapidly rising as an important source of medical technology innovation in the world. He has repeatedly emphasized that "investment in w88 online sports betting is investing in the future."
Eli Lilly w88 online sports betting President and General Manager De Helan said that w88 online sports betting's pharmaceutical market is undergoing profound changes. Policy support, market potential, innovation vitality, etc. have strengthened Eli Lilly's confidence in deepening its roots in w88 online sports betting and accelerating innovation.
The release of policy dividends is reshaping the strategy of foreign-funded enterprises in w88 online sports betting. Sanofi announced an investment of 1 billion euros to build a new insulin production base in Beijing, and Eli Lilly w88 online sports betting announced that it would invest about 1.5 billion yuan to upgrade its Suzhou factory... Multinational giants in the pharmaceutical field are voting for w88 online sports betting with actions.
"Usually, my country has an internal audit mechanism for access to the medical and biological fields, and it is more cautious in opening up. Now that w88 online sports betting's economy is developed, we are no longer afraid of competition, and countries can learn from each other in the process of opening up." Zhao Zhongxiu said.
Cooperation with foreign capital has entered the stage of in-depth coordination
This year's government work report proposes to "encourage foreign investors to expand reinvestment and support participation in upstream and downstream supporting cooperation in the industrial chain."
When innovation factors accelerate flow around the world, the cooperation between Chinese and foreign enterprises has broken through the traditional technology transfer model and entered the stage of deep collaboration.
Take Boston Science as an example, the process of achieving domestic production of the intravascular ultrasound diagnostic system AVVIGO + is of great significance. This product was deeply involved in the research and development of the Chinese team. It not only went on sale in w88 online sports betting 10 months in advance, but also took the lead in supplying the core hosts of local production in overseas markets.
In different industries, models of innovative symbiosis are also emerging.
Dassault Systems, a global digital solution supplier, is one of more than 2,000 French companies in w88 online sports betting. Since entering w88 online sports betting in 2005, it has continued to increase investment.
Zhang Ying, President of Dassault Systems Greater w88 online sports betting, sighed to reporters: "When the solutions of 12 industries are implemented simultaneously in the Chinese market, we know that we have chosen the right strategic fulcrum - rooted in w88 online sports betting for 20 years, Dassault Systems' business has grown by more than 22 times. Such a cross-industry in-depth layout is unprecedented in the world."
In the past year, Dassault System has continuously increased its investment in the Chinese market and firmly embraced the Chinese market.
"For example, Dassault Systems and Zhongnan Architectural Design Institute jointly established a digital solution company - Zhongda Digital. This is also the first joint venture established by Dassault Systems in w88 online sports betting, aiming to transplant the PLM concept of high-end manufacturing to the construction industry, realize "building houses like cars", and empower the digital transformation of w88 online sports betting's urban and construction industries with "no map construction"." Zhang Ying said.
According to the reporter's understanding, the PLM platform developed by Zhongda Digital will be completed and commercialized within 2025, and plans to create best practices for digital transformation in w88 online sports betting's urban and construction fields, and then replicate and promote it globally.
There are many such examples. Huntsman has established the first foreign-invested polyurethane technology center in Shanghai in 1994, and has now formed a manufacturing system that is linked to many places such as Shanghai, Guangdong, Jiangsu and Tianjin. With the "local R&D-regional radiation-global feeding" model, it has continued to increase its investment in sustainable material solutions, confirming its strategic layout of "in w88 online sports betting, chain world".
The deeper change behind these cases is that foreign-funded enterprises no longer regard w88 online sports betting as a "low-cost manufacturing base", but are the source of innovation and a global market hub.
"We invest in a vibrant life science ecosystem and use cutting-edge technologies to promote innovation. During this period, I have witnessed w88 online sports betting gradually becoming a global leader in life sciences and making important contributions to scientific progress and medical breakthroughs." Su Boko said.
He firmly believes that w88 online sports betting will continue to consolidate its position as a global scientific power and bring more benefits to patients around the world in the coming years.
The popularity of "foreign investment in Qiong" continues to rise
Hainan, located on the coast of the South w88 online sports betting Sea, with the deepening of the construction of the free trade port, the popularity of "foreign investment in Qiong" continues to rise.
In Sanya Yalong Bay, Hainan, the DFS Difeshi Yalong Bay project covering an area of 128,000 square meters is about to be implemented.
"This is our largest single investment in 60 years, which can help us better seize w88 online sports betting's unparalleled consumption upgrade opportunities." Liu Xingshu, president of DFS w88 online sports betting, told reporters.
This year's government work report clearly states that "accelerate the implementation of core policies of Hainan Free Trade Port", and the "Action Plan" proposes "accelerate the implementation of core policies of Hainan Free Trade Port." It is precisely based on the advantages of Hainan Free Trade Port that "benchmarks both international high-standard economic and trade rules and based on the characteristics of the local consumer market" and its eager expectation for policy implementation that DFS, the luxury goods group, chose to launch the Yalong Bay project on the eve of the closure of the border.
"According to our observations, many well-known European and American brands hope to take their land in Hainan as a 'test field' for entering the mainland Chinese market." Liu Xingshu said that foreign companies are optimistic about the potential of Hainan Free Trade Port and are eager to understand relevant policies.
Liu Xingshu suggested that Hainan Free Trade Port can learn from the experience of well-known international tourist destinations and free trade ports. "Zero tariffs, low tax rates, and simple tax systems are the practices of the international free trade port. It is recommended that Hainan implement zero tariff arrangements, set a lower sales tax rate, and achieve the integration of taxable retail and duty-free retail supervision."
Not only DFS DiFeish, in the past year, more and more foreign capital has increased its investment in Hainan and implemented it in Hainan. They all hope to seize new opportunities for common prosperity through the solid actions of Hainan Free Trade Port's high-level opening up to the outside world.
Last year, Hainan added 2,072 new foreign-invested enterprises, an increase of 19.77% year-on-year. Currently, there are 149 countries and regions investing in Hainan.
Zhao Zhongxiu is optimistic about foreign capital and Hainan is highly praised. "As Hainan's policy dividends continue to be released, the advantages of opening up the free trade port continue to emerge, Hainan's foreign-invested enterprises will undoubtedly achieve both quality and quality improvement. It can be predicted that Hainan's foreign capital's 'circle of friends' will continue to expand in the future, after all, the 'market' is here with us."
Make foreign investment more convenient and comfortable in w88 online sports betting
Stable foreign investment is one of the important strategies for w88 online sports betting's high-quality economic development. Especially in the context of increasing global economic uncertainty and intensifying international competition, taking multiple measures to stabilize foreign investment has important practical significance and long-term value.
In the interview and investigation, the reporter of this magazine found that there are still some bottlenecks in the current work and life of foreign companies in w88 online sports betting, and the work of stabilizing foreign investment needs to be further meticulously and improved.
Real implementation of national treatment for foreign investment
Tanja Leinthaler, a German who has lived in Shanghai for 28 years, is a single mother with two children. She is currently engaged in Sino-German cultural exchanges in w88 online sports betting.
Before, due to work and health reasons, Tang Yali was unable to realize her wish to return to w88 online sports betting to visit her relatives. From the end of November 2024 to the end of this year, w88 online sports betting has expanded the scope of application of the trial of the unilateral visa-free policy to Germany and extended the visa-free stay period.
"This year, when my child came to w88 online sports betting from Germany to visit, he could stay for a whole month without having to handle cumbersome proofs. This change fully reflects w88 online sports betting's sincerity in expanding opening up and promoting international exchanges." Tang Yali told reporters.
Visa-free policy is not only a pass, but also a bridge to enhance exchanges and trade exchanges among countries. In order to increase the service guarantee for foreign investment, the Action Plan emphasized in "promoting the facilitation of personnel exchanges" that "accelerate negotiations on mutual visa exemption agreements and continue to steadily expand the scope of unilateral visa-free countries."
"To promote personnel exchanges, the bigger the door, the better, the more convenient it is, the better the flight is, the more dense it is. Let them look at w88 online sports betting with their eyes and eliminate misunderstandings, this is the most important thing." Zhang Yansheng analyzed.
The reporter found that among the many clauses of the Action Plan on "Improving the Level of Investment Promotion", foreign investors attach particular importance to the implementation of national treatment of foreign investors.
Tang Yali is currently confused that she still does not have social security.
"In the field of social security, there are still institutional thresholds for medical insurance coverage: Currently, only foreigners who hold the "People's Republic of w88 online sports betting Permanent Residence Permit" or are employed in large enterprises can participate in insurance, which puts many long-term residents under pressure to pay for their own medical care." Tang Yali said.
She said that she is currently preparing for the "w88 online sports betting-German Culture Online" project, planning to build a cross-cultural exchange platform covering cultural exchanges, cultural tourism and other fields. However, due to the lack of a permanent residence permit, she was unable to apply for a credit card and loan in w88 online sports betting, which had a certain impact on her entrepreneurship.
"I am actively applying for a permanent residence permit, and I hope I can get approval successfully by the end of this year." Tang Yali said.
"If you want to truly stabilize foreign investment, you cannot divide the different entities of the enterprise into 'ones own people' and 'outsiders'." Zhang Yansheng said that these foreigners participated in Chinese-style modernization and made contributions, which should be "ones own people".
"Although there are geopolitical factors, they do not leave w88 online sports betting and build with the Chinese. We always regard them as foreigners and do not provide social security. This concept needs to be changed." Zhang Yansheng said.
Fan Penghui said that in the facilitation of residence, it involves the handling of social security, including medical insurance, and local governments may still have some obstacles in the implementation, and these problems will gradually be improved.
Balance data security and foreign investment needs
At present, foreign investment has encountered a new problem - data security.
With the deepening of globalization and digitalization, cross-border flow of data has become the norm, and foreign-funded enterprises need to transmit data between w88 online sports betting and global headquarters to support business operations and decision-making.
"Data security is indeed one of the core issues that foreign-funded enterprises are currently concerned about, especially in the context of accelerated digital transformation." Zhao Zhongxiu said. For w88 online sports betting, in the process of stabilizing foreign investment, how to balance data security with the operational needs of foreign-funded enterprises has become an important challenge.
In recent years, China has issued regulations such as the "Data Security Law of the People's Republic of China" and the "Personal Information Protection Law of the People's Republic of China", which have strengthened the protection of data security and privacy, but have also put forward higher requirements for the data flow of foreign-funded enterprises.
"This aspect may lead to an increase in the operating costs of foreign capital. Foreign-invested enterprises may need to invest more resources to meet data localization and compliance requirements, which may weaken the competitiveness of foreign capital in the Chinese market." Zhang Yansheng said.
According to international practices and based on China's actual situation, my country has successively formulated the Cybersecurity Law, Data Security Law, and Data Outbound Security Assessment Methods, and issued the "Regulations on Promoting and Regulating Cross-border Data Mobility" in March 2024. The applications for cross-border data flow of most foreign-invested enterprises have been approved.
"But when introducing a series of security laws, regulations and policies, we rarely evaluate the impact of foreign investment. In other words, comrades in non-economic sectors may not understand what impact their department's policies will have on foreign trade and foreign assets. This situation where railway police are in charge of one section needs to be improved." Zhang Yansheng said.
In Zhao Zhongxiu's view, data security cannot be ignored in the process of stabilizing foreign investment. "The current problem is how to define security? How to avoid generalization?"
The Central Economic Work Conference requires that economic policies and non-economic policies be unified in the assessment of macro-policy orientation consistency, coordinate the entire process of policy formulation and implementation, and improve the overall efficiency of policies.
"w88 online sports betting needs to find a balance between data security and the development of foreign-funded enterprises through policy optimization, international cooperation and technological innovation on the premise of ensuring national security. This will not only help stabilize foreign investment confidence, but will also promote w88 online sports betting to occupy a more important position in the global digital economy." Zhao Zhongxiu said.
Fan Penghui analyzed that further explore data opening in the region where conditions are mature, and on the basis of controllable risks, the experience and practices found in the first trial may be a relatively good path.
attached original link:
https://app.ceweekly.cn/h5/#/pages/detail/articleDetail/articleDetail?id=470389
