Shanghai: Foreign Direct Investment Increased By 40% In 2016

At the fifth session of the fourteenth Shanghai Municipal People's Congress in January 15, 2017, Yang Xiong, mayor of Shanghai, pointed out that in 2016, Shanghai further expanded its opening to the outside world.

A number of key cooperative projects will be implemented along the "one belt and one road" area to further support enterprises' going out.

In 2016, Shanghai estimated that the total foreign direct investment in the whole year increased by 40%, and the new memorandum of economic and trade cooperation between the 9 countries' economic and trade departments and important nodes along the "one belt and one road" increased by more than 1 times in the newly signed contracts in the countries along the line, accounting for over 75% of the total market share.

As far as the whole country is concerned, the performance of enterprises' outward investment can also be seen as dazzling.

Sun Jiwen, spokesman of China's Ministry of Commerce, said in mid December that China's foreign direct investment amounted to 1 trillion and 69 billion 630 million yuan in the first 11 months of 2016, an increase of 55.3% over the same period last year.

At the same time, the Ministry of commerce data show that, in 1~11 months, the total number of new contracted projects contracted by Chinese enterprises in the "one belt and one way" related countries amounted to US $100 billion 360 million, up 40.1% from the same period last year, accounting for 52.1% of the total amount of new contracts signed by China in the same period.

In January 11th, the American think tank American Institute of enterprises published "

According to the statistical report, China's total investment in the world in 2016 amounted to about 175 billion US dollars (about 12250 yuan), an increase of 50% over the same period last year, which is two times the scale of investment in 2012, setting a historical record for China's foreign investment.

The report also points out that the top priority of Chinese enterprises' foreign investment is investment in the US.

In 2016, China's investment in the United States increased 3 times, more than 50 billion dollars, and private enterprise mergers became the main force.

China's investment in the United States accounts for about 1/3 of its total foreign investment.

In January 12th, Zhao Chenxin, deputy director of the national development and Reform Commission and spokesperson of the national development and Reform Commission, said at the press conference on the macroeconomic situation that in 2016, our country focused on six aspects of the strategy of "one belt and one road", including China signed more than 40 cooperation agreements with the countries concerned and international organizations, and launched cooperative international capacity cooperation with more than 20 countries. 56 overseas cooperation zones have been established in the countries along the route.

In 2017, our country's

The situation is still complex and severe, and the downward pressure on foreign trade is still increasing.

In the words of Sun Jiwen, spokesman of the Ministry of Commerce, our country is doing everything possible to stabilize foreign trade growth, continue to implement the policy of active import, readjust the structure of foreign trade, and strive to achieve a stable return on foreign trade.

In the global environment of foreign trade is still grim, China's foreign trade import and export situation gradually stabilized in 2016.

At the news conference held by Guoxin office in January 13th, Huang Songping, a spokesman for the General Administration of customs, said: "as a whole, China's foreign trade imports and exports all year round show a trend of stabilizing before and after the first quarter."

According to customs statistics, in 2016, China's total import and export value of 243 thousand and 300 hospitals decreased by 0.9% compared with the same period last year, of which exports were 13 trillion and 840 billion yuan, down 2%, and imports 10 trillion and 490 billion yuan, an increase of 0.6%.

Though in

When the government's work report of Tian did not mention the import and export data of Shanghai in 2016, Shanghai has formulated policies and measures such as stable growth of foreign trade, processing trade pformation and service trade development in the past year, launching the construction of Comprehensive Experimental Zone for cross-border e-commerce, and the import and export volume of service trade increased by 15% over the previous year.

At the same time, Shanghai's foreign trade structure continued to improve. General trade accounted for more than 50% of the total import and export volume of the whole city, and exports of products with high added value such as integrated circuits and auto parts increased rapidly.

Shanghai customs statistics show that in the first half of this year, Shanghai achieved a total import and export value of 1 trillion and 300 billion yuan, down 0.4% compared to the same period last year.

Among them, imports grew by 0.9% and exports dropped by 2%.

On the whole, the import and export situation in the quarter has recovered well, and the value of imports and exports for the first time has increased for the first time in 2 months in a single month.

In addition, the import and export situation of Shanghai is better than that of the whole country, and its proportion in the whole country has increased significantly.

In the first half of the year, the import and export of Shanghai decreased slightly compared with the same period last year, but the decline was 2.9 percentage points lower than that of the whole country (down 3.3%), of which the import grew 0.9% in the national decline of 4.7%, and the decline in exports was 0.1 percentage points lower than that in the whole country (down 2.1%).

As the import and export situation is generally better than the whole country, the proportion of Shanghai's total import and export volume has increased from 11.4% in the same period last year to 11.8%.

According to the 1~10 month data released by the Ministry of Commerce in 2016, China's service import and export increased by 16% compared to the same period last year. The proportion of service trade in foreign trade continued to rise, accounting for 18% in 1~10 months, and 2.6 percentage points higher than in 2015.

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