In January, Absorbing Foreign Capital Continued To Decline In March.

Shen Danyang, spokesman of the Ministry of Commerce, told reporters that the foreign trade situation in the first quarter will be very severe. At the same time, attracting foreign investment all year round will face more severe domestic and international situations.

He disclosed that the Ministry of commerce is preparing to convene the national import and export working conference in Jiangxi on February 20th ~21, studying and deploying the next step of steady growth, restructuring and promoting balance.

"At present, we are working with relevant departments to study specific policies and measures to maintain stable growth of foreign trade, and support enterprises to tide over difficulties through alleviating the financial pressure of enterprises, lightening the burden of enterprises, helping enterprises cope with trade frictions, improving the export credit risk protection mechanism and improving trade facilitation and water equality."

Shen Danyang said.

FDI negative growth trend will continue

From the source of foreign investment, ten countries / regions in Asia (China, Hongkong, Macao, Taiwan and Japan, Philippines, Thailand, Malaysia, Singapore, Indonesia, and Korea) actually invested 8 billion 586 million US dollars in foreign investment, an increase of 0.77% over the same period last year.

The other two sources of foreign investment appear "one liter and one drop": the actual amount of foreign investment in the United States amounted to US $342 million, an increase of 29.05% over the same period last year, while the 27 EU countries actually invested $452 million in foreign investment, down 42.49% over the same period last year.

Since then, from April of last year, the amount of foreign investment that the United States actually invested in China began to decline about 20%, and this month there was a big rebound.

Shen Danyang explained to this that there are factors for the centralization of individual projects.

The 27 countries of the European Union began to invest in China from May to an increase of more than 20% from the previous year.

In this regard, Shen Danyang analysis pointed out that this year, China's use of foreign capital will still face more severe domestic and international situation.

The instability and uncertainty of world economic growth is increasing, and the pace of international industrial restructuring has slowed down.

He Manqing, director and researcher of the research center of MNCs of the Ministry of Commerce, told our reporter that from the current economic situation in Europe, the possibility of the EU's 27 countries' investment in China will decline over the next few months, and the total amount of foreign investment absorbed by China will also decline further.

First quarter foreign trade situation is grim

Shen Danyang predicted that the first quarter foreign trade situation is still grim.

Shen Danyang said: "on the first quarter of the foreign trade situation.

We believe that, as the downward pressure on the world economy is increasing, the external environment facing import and export is tightening. Overall, the situation is still grim. "

According to Shen Danyang analysis, China's export growth is weak at present, mainly because of the weak economic growth of our main trading partners, such as the US, Europe, Japan and so on, and the decline in consumer demand, the high unemployment rate, and the decline in import demand, especially the decline in demand for consumer products.

He cited China's largest export market as an example. The EU accounts for nearly 1/6 of China's export market, but last year China's exports to the EU increased by less than an average of nearly 6 percentage points.

In January this year, China's exports to the EU continued to decline, falling by 3.2%.

This obviously dragged the whole export back.

Shen Danyang pointed out: "the foreign trade situation is indeed not optimistic, but we can not just judge the so-called turning point by the data of this month, or the annual growth of foreign trade will continue to decline."