China Will Expand Its Opening Up To &Nbsp And Encourage Foreign Investors To Invest In Emerging Strategic Industries.

Yu Jianhua, Assistant Minister of Commerce, delivered keynote speech

Yu Jianhua said that the Chinese government encourages China's strategic emerging industries to carry out all-round international cooperation in trade, investment, technology and brand, and to achieve mutual benefit and common development in cooperation.

At the meeting, Yu Jianhua said that at present, the global economic structure is undergoing profound changes, and the development of science and technology is pregnant with a new revolutionary breakthrough.

Strategic emerging industries have the characteristics of knowledge intensive technology, low consumption of material resources, high growth potential and good comprehensive benefits. They are important forces to guide future economic and social development, and are also the inevitable choice to achieve sustainable development.

Pay equal attention to "bringing in" and "going out"

To promote

Actual use of foreign capital amounted to US $91 billion 710 million in 1-11 in 2010.

It is expected to achieve about $100 billion a year, an increase of 11%.

According to the data of the joint China World Trade Center conference, China has attracted the largest number of foreign investment in 18 years.

Compared with the "Introduction", Chinese enterprises' outward going investment started relatively late, but in recent years, it has shown the trend of leaping development.

In 2010, the scale and level of foreign investment were further enhanced. In 1-11 months, foreign direct investment in non financial sector amounted to US $47 billion 560 million, which is estimated to exceed US $50 billion for the whole year.

The field of foreign investment has been expanding continuously, from trade and small businesses in the past to energy resources development, pportation and logistics, processing and manufacturing, high and new technology industries and so on.

In the new era, foreign investment cooperation has become a new major strategic move for China's opening up to the outside world, and has also become one of the key tasks in the business field this year and for some time to come.

We should increase policy support in accordance with international rules, and push enterprises with strong and qualified conditions to "go out" actively.

Expert interpretation: emerging strategic industries are important opportunities for China's industrial upgrading.

Long Guoqiang, Minister of the Ministry of Foreign Economic Research of the State Council Development Research Center, said at the annual meeting of the 2010 investment promotion agency, that the economic crisis brought a new change to the world, that is, the rise of strategic emerging industries.

In addition to rescuing enterprises, developed countries should lead the whole economy out of difficulties through a new round of technological revolution.

As a result, the strategic emerging industries have gained the attention of all countries in the world, especially the developed countries.

China also issued a complete plan earlier.

For China, it is also a great opportunity to realize industrial upgrading and bend overtaking.

Meanwhile, long Guoqiang explained that the appreciation of the renminbi has not weakened the competitiveness of China's export enterprises.

Because the main competitors of Chinese export enterprises are not Europe, America, Japan, but Korea, Southeast Asian countries, Brazil and other countries.

Compared with the currencies of these countries, the appreciation rate of RMB against the US dollar is even smaller.

In this regard, in fact, China's competitive advantage is increasing.

Long Guoqiang said that Chinese enterprises should go abroad to acquire overseas technology, R & D, brand, channels and other resources, which will have strategic significance for the future 10 years and even 50 development. For China, the crisis is an opportunity for the global economy to reshuffle, and we should seize the opportunity.