Fear Of Strong Earthquake &Nbsp; Speed Up China'S Overseas Investment

The gun shot out of the head.

Despite repeated clarifications, the public has encountered the experience.

In this regard, Wang Jianxi, deputy general manager of China Investment Corporation, said that the company's investment in these ten companies is a fraction of 522 billion 200 million yen, and the investment in Tokyo electric power is far from high.

At the same time, because CIC's investment in the world is highly dispersed, the global investment market has corresponding index. In the index, the investment made by the external managers entrusted to it is a part of reference index investment for Tokyo electric power investment.

Wang Jianxi said that because the portfolio is dispersed, "loss in one area is earned in another area".

For example, CIC has publicly stated that its return on investment in the US real estate sector is 40%.

Hu Shengli, chief representative of the China Investment Office in London, said in an exclusive interview with the times weekly: "CIC's investment in commercial real estate in London is very successful."

But for the specific yield, he said it was not easy to disclose.

Compared with CIC's investment in Tokyo electric power, the Japanese are more concerned about the other group of investors, which is a beautiful land buying campaign that has already shocked Japanese politicians.

In December 2010, Japanese media broke out that the government had decided to consider restricting foreigners buying property in Japan so as not to be occupied by foreigners.

Because of the financial crisis, the housing prices in Japan have declined considerably in recent two years, and have attracted many Chinese buyers.

A few months ago, the real estate project developed by Japanese flying bird company in Hokkaido for Chinese people was sold out at one fell swoop, which depressed the depressed Japanese real estate industry.

At the opening meeting of a new apartment in Tokyo, even Japanese buyers simply complained: "selling such a high priced house in a recession is not for the Japanese, it's a property for Chinese people."

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Not only are individual investors complaining, but China's investment in Japan has even triggered a sense of confidence in the Japanese.

It is said that some Chinese developers are gradually looking at the small towns and cities that are going downhill and investing them as holiday destinations for wealthy Chinese.

The "conspiracy theory" is rampant, which has caused some Japanese people's fear of the loss of their natural resources that may be brought about by China's shadow.

Obviously, in Tokyo, where the economy is getting worse, the Japanese are more anxious about the neighbor who is holding a lot of wealth.

Judging from China's standards, China's investment in Japan is still a small sum, but this is enough to trigger a variety of chain reactions in Japan.

Compared to the hundreds of millions of dollars invested directly in Tokyo electric power, the continued impact of the tsunami and the nuclear crisis has also had a great impact on Chinese investors' keen real estate investment.

But it can not be denied that the strong earthquake is a double-edged sword. The huge cake of post disaster reconstruction is in sight.

In April 2nd, the Japanese government welcomed the participation of foreign private capital in Japan's post disaster reconstruction through the media.

In response, Hu Shengli said: "there will be many infrastructure reconstruction projects after the earthquake. Chinese and British businesses will have the opportunity to participate."

He stressed: "the post disaster reconstruction will be accompanied by some mergers and acquisitions opportunities. Some Japanese companies, such as the automotive industry, will face a crisis. Mergers and acquisitions in these areas will become a hot topic for a long time."

Why investment speed up

Regardless of whether CIC's investment in Japan is 40 billion (RMB) or a fraction of 40 billion, it is an indisputable fact that China's investment in Japan and the world is still in its infancy.

According to the latest statistics of the Ministry of Commerce, by the end of 2010, China had accumulated 258 billion 800 million yuan of foreign direct investment in non-financial sector, and China's foreign investment accounted for only 1.3% of the world's stock, while Japan was still not the main destination for China's foreign investment.

Although the overseas investment environment has undergone drastic changes in the past March, Kong Linglong, director of the State Development and Reform Commission using the foreign investment and overseas investment division, said publicly: the NDRC will substantially relax restrictions on overseas investment of Chinese Enterprises: from March 2011 onwards, the starting point for the approval of resources overseas investment major projects will be raised from 30 million US dollars to US $300 million, and the starting point for the approval of non resources overseas investment projects will increase from US $10 million to US $100 million.

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The "going global" strategy will not only be affected by Japan's strong shocks, but will also be speeded up under the complicated international situation.

Hu Shengli said: "we have just met with the competent departments of the Ministry of Commerce. Although affected by the situation in Africa and the Middle East, the Chinese government has encouraged the pace of Chinese enterprises to go abroad, such as relaxing and giving more authority to local governments."

In addition to the policy, Hu Shengli believes there are two crucial changes: "financial support for overseas investment and M & A has been intensified"; on the other hand, "the SASAC, the NDRC, the Ministry of Commerce and other competent departments have stepped up the related training and research efforts of the" going out "strategy.

According to Chen Deming, Minister of Commerce, the key point of the "going out" strategy is to promote investment cooperation in the fields of energy resources, infrastructure, processing and manufacturing, agriculture and other fields.

Cultivate a number of internationally competitive multinational companies, making them the backbone and important support for China's participation in economic globalization.

In response, Hu Shengli also gave a positive answer. He said that from the current statistics, China's foreign investment growth is obvious, and its investment in London alone has increased by 3 times, "mainly related to the 2012 Olympic Games and new energy projects are very prominent."

At present, the British government is also seeking Chinese enterprises to participate in its infrastructure projects.

Analysts pointed out that the growth of foreign investment is closely related to the appreciation of the renminbi and the expectation of appreciation.

Chen Jian, Vice Minister of Commerce, said that the total appreciation of RMB has risen to 24.1% since 2005.

The impact of exchange rate changes on exports will accelerate the adjustment of industrial structure.

The Chinese government is also trying to magnify the positive effect of appreciation on foreign investment.

"The development of China's foreign investment will have a positive impact on China's economy and the world economy."

It is also reported that the state council intends to set up an overseas investment supervision department under the State Council, which is in parallel with the SASAC and specializes in the preservation and increment of overseas state-owned assets, so as to coordinate the interests of all aspects of the supervision of overseas state assets.

And in early March, the NDRC had begun brewing with the Ministry of commerce the law of overseas investment promotion of Chinese enterprises, "currently in the drafting stage."