The Mainland Is Hongkong'S Second Largest Source Of Investment In 2013.

The statistics office of the Hongkong special administrative region issued the 11 Hongkong foreign direct investment statistics in 2013.

Figures show that the mainland is Hongkong's second largest source of investment and the most important destination for Hongkong's outward investment.

At the end of 2013, Hongkong's direct investment liabilities position increased by 8% to 113467 billion yuan from the end of last year, equivalent to 534% of GDP in 2013.

The mainland is the second largest source of investment in Hongkong, accounting for 31.9% of the total position of foreign direct investment.

The mainland's investment in Hongkong involves various economic activities, including banking, construction, import and export trade, wholesale and retail, and investment and holding, real estate, professional and business services.

According to the analysis of the direct source of investment, the British Virgin Islands is the most important source of foreign direct investment in Hongkong, accounting for 33.7% of Hongkong's total foreign direct investment at the end of 2013.

Synchronization

The position of direct investment assets increased by 6.2% to 104835 billion yuan at the end of last year, equivalent to 493% of GDP in 2013.

The mainland is Hongkong outward.

The main destination accounts for 41.1% of Hongkong's total outward direct investment at the end of 2013.

Among them,

The province is still the main location for Hongkong's direct investment in the mainland, accounting for 29.7% of the total position of Hongkong's direct investment in the mainland.

The most common economic activities of Hongkong's direct investment enterprises in the mainland include import and export trade, wholesale and retail, information and communications, investment and holding, real estate, professional and commercial services, and manufacturing.

A spokesman for the HKSAR government said that the mainland continued to be an important source and destination for Hongkong's outward foreign direct investment, highlighting Hongkong's ideal platform for outgoing mainland enterprises and large multinational companies to expand their business in the mainland.

With the continuous deepening of economic reform in the mainland, the integration of Hongkong and the mainland, and the further development of offshore RMB business in Hongkong, investment activities in both places are expected to continue to strengthen.

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The downward pressure on the economy is a major difficulty facing our country at present.

In 1997~1999, China had a record of 31 consecutive months of falling PPI, when the financial crisis swept across Asia.

In November this year, PPI fell for 33 consecutive months, once again refreshed its historical record, and the PPI decline increased to 2.7% in that month, lower than market expectations, indicating that domestic demand remained weak.

"In the face of these changes and difficulties, we need to intensify macroeconomic regulation and control.

"Zheng Xinli believes that the economic cyclical ups and downs before and after the reform and opening up, and the golden growth period of 10 years after 2000, all indicate the importance of effective macro-control policies.

The communiqu of this meeting specifically mentioned that active fiscal policy should be strengthened, and monetary policy should pay more attention to tightness and moderation.

China's financial data in October disappointed the market, with new Renminbi loans less than expected and M2 growth at a 7 month low.

Wang Tao said that in order to prevent financial risks, it is necessary for the central bank to maintain sufficient liquidity and further reduce the cost of financing.

The international environment is also not optimistic. Judging by the meeting, the world economy is still in the deep adjustment period after the international financial crisis. Next year, the world economic growth rate may pick up slightly, but the overall recovery weakness situation has not changed significantly. The fluctuation of international financial market, the fluctuation of International bulk commodity prices, and the influence of non economic factors such as geopolitics have increased.

UBS believes that the central bank is expected to further lower the benchmark interest rate to lower borrowing costs, and relax lending control in the form of shadow banking credit contraction.

The central bank may continue to inject liquidity through the "directional relaxation" approach, and may also reduce the accuracy of cross-border capital outflows.

Wang Tao also believes that CPI will slow down to 1.8% in 2015, while PPI will continue to fall, despite rising food prices and some public utilities prices.

To avoid passive contraction of financial conditions, it is estimated that the central bank will cut interest rates by 40~50 basis points before the end of next year, so as to reduce actual borrowing costs and slow down the growth rate of non-performing loans.

The meeting also mentioned that we should speed up the reform of administrative examination and approval, investment, prices, monopoly industries, franchising, government procurement services, capital markets, access to private banks and foreign investment, so that the reform measures can be effectively pformed into development momentum.

At present, China is one of the countries with the highest capital price in the world. Zheng Xinli said that the reason is that monopolization leads to no competition in the private economy. We should relax the entry threshold through the financial system reform, so that qualified private capital can enter the financial field, and at the same time improve the efficiency of foreign exchange reserve, and support Chinese enterprises to go out.

He also believes that the reform of investment and financing system that can release the potential of private capital, the tax reform to release the potential of employment demand, and the reform of science and technology system that releases the potential of independent innovation are also crucial for maintaining the sustained growth of China's economy.