The Ministry Of Commerce Announced &Nbsp, And FDI Grew By 23.4% In May.

Yesterday, the Ministry of Commerce announced the data at a regular press conference. The actual amount of foreign capital (FDI) in -5 month in January was $48 billion 28 million, up 23.4% from the same period (the same below).

Among them, May

From the perspective of industrial structure,

In response, Yao Jian, spokesman of the Ministry of Commerce, "

In terms of foreign direct investment, before May, China's domestic investors totaled $20 billion 350 million in non financial foreign direct investment, an increase of 42.3%.

As of the end of May 2011, China's total non-financial foreign direct investment amounted to US $279 billion 200 million.

It is noteworthy that Asian and European Union Investment in China is on the rise, but as an important source of foreign investment in China, the US investment in China and the newly established enterprises have shown a downward trend.

Data show that in the first 5 months, ten countries / regions in Asia actually increased 29.28% in foreign investment and 9.02% in the 27 EU countries.

The United States actually invested $1 billion 285 million in foreign investment in China, down by 24.12%.

"We should take a balanced view of the decline in US investment in these months."

Yao Jian explained that in the past two years, because the United States is the core area and source of the financial crisis, the recovery process is relatively slow and difficult.

Therefore, the overseas investment of large US multinationals also needs to be restored and overall strategic arrangements.

Ministry of Commerce responds to hot issues

[pork price]

Confidence in hog price stability

For the recent rise in pork prices, Yao Jian analyzed the reasons, first of all, since 2007, pork prices continued to decline, resulting in reduced breeding, so there is a tight stage of finishing pigs.

However, with the slow recovery of pork prices, farmers will continue to increase, will ensure the supply of subsequent pork.

Second, the rise in meat prices is also affected by other costs such as feed and labor costs, such as raising corn's average price by 9.8%.

The current pig grain price ratio is 7.55? 1, which is still within a reasonable range.

For the regulation of * * *, Yao insisted that the management of central reserve meat would be strengthened, but the main reason is to further improve the price of live pigs and live pig farms by market forces.

As temperatures rise, pork consumption will go into a low season, and the pork market will be relatively stable.

Parkson bought small fat sheep [6.22 0.00%]]

The application for examination has been received, but it has not been filed.

At the press conference last month, Yao insisted that the Ministry of Commerce had not yet received a review of the [10.48 -2.42%]'s acquisition of little sheep by Parkson.

Yesterday, Yao Jian disclosed that he had received the centralized declaration of the Parkson group's acquisition of small sheep group operators. According to the provisions of the anti-monopoly law, the Ministry of commerce is responsible for the centralized examination of the operators.

At the same time, Yao Jian said that the incident has not yet been filed, and the antitrust bureau is examining the completeness of the declared materials. Once the materials are complete, the Ministry of Commerce will file the case according to law.

According to the provisions of the anti-monopoly law, the 30 day after filing a case is a preliminary examination period. If there is a special case, it can be further examined and extended for 90 days -150 days.

Yao Jian disclosed that the acquirer was a YUM holding company under the Parkson catering group, which was registered in Hongkong in 2008 and the direct acquirer was the Wande Quartet.

The small fat sheep group was registered in the Cayman Islands in December 2007 and listed on the main board of the Hongkong stock exchange.

By the end of last year, there were 179 self catering restaurants in China and 274 franchised restaurants, which sold nearly 1 billion 800 million yuan in China in that year.

Luxury consumption

Lowering the import tariff of luxury goods is the general trend.

According to the Ministry of commerce data, demand for medium and high grade consumer goods slowed down in May, and sales of household appliances, automobiles and residential goods were stable.

Yao Jian believes that the high-end consumer goods have increased rapidly in the past few years.

Recently, influenced by some macro-control policies, including automobile and housing policies, some of the high-end consumer goods have been affected.

On how to keep the luxury purchasing power in China, Yao Jian pointed out that with China's per capita GDP more than 4000 dollars, residents' income continued to increase, and China's accession to the WTO 10th anniversary, the future of China's further reduction of import tariffs, including some of the high-end commodity tariffs, will be the general trend.

[food safety]

Food safety is an important part in circulation.

This week is the national food safety week, the recent plasticizer caused a series of food safety problems.

In this regard, Yao insisted that the Ministry of Commerce in addition to carry out the construction of meat traceability system, but also in circulation system and integrity system two aspects of work.

In the construction of circulation system and logistics distribution system in rural areas and cities, the quality and safety of food in circulation is an important part.

For example, in the construction process of the wholesale market of large agricultural products [15.70 -2.79% shares, we should not only build wholesale markets with the competent commercial departments, but also build the inspection and quarantine rooms for biochemical instruments.

In the process of logistics distribution in the whole society, we should further improve the cold chain pportation and improve the unified allocation to reduce the small enterprises and small workshops to enter the large-scale circulation system.

At the same time, we should promote the integrity system in the circulation of the whole society.

China Trust Crisis

Chinese enterprises should not be discriminated against

As for the trust crisis of the Chinese concept stocks in the United States, Yao Jian said that Chinese enterprises should abide by local laws and regulations and operate in accordance with international norms in overseas investment, which is the basic premise. But at the same time, Chinese enterprises should not be discriminated against overseas.

Yao Jian said that in recent years, Chinese enterprises have performed better in emerging markets and mature markets, which is not only conducive to China's economic growth, but also plays a very good role in Local Taxation and employment.

Therefore, MOFCOM will continue to support overseas investment and development of Chinese enterprises.