Ministry Of Commerce: 4 FTA Last Year, Total Foreign Investment Increased By 81.3% Over The Same Period Last Year.

Sun Jiwen, spokesman of the Ministry of Commerce, said at a press conference at 9, that in the context of the slow recovery of the global economy and the sluggish international investment, China's foreign investment in 2016 has made remarkable achievements.

The global investment trend monitoring report released by the joint China World Trade Center Conference on February 1st said that global direct investment (FDI) traffic decreased by 13% to 1 trillion and 520 billion US dollars in 2016. Among them, FDI flows into developed economies decreased by 9%, and FDI flows in developing economies dropped by 20%. However, in the context of the sharp decline in foreign direct investment inflows in 2016, China's absorption of foreign capital increased and remained the third largest in the world.

Sun Jiwen said that the achievement of this achievement is also inseparable from the Ministry of Commerce's efforts to promote the pilot area of free trade in the past year, accelerate the reform of foreign capital management system, promote orderly expansion, and further improve and optimize it. Business environment A great deal of work has been carried out in four aspects.

In promoting the pilot area of free trade, Sun Jiwen introduced Investment In terms of trade, finance and so on, the Ministry of Commerce has carried out institutional innovation and actively explored in matters of post supervision. So far, the national level has summed up 114 pilot experiences, and has been replicated nationwide to effectively stimulate market vitality.

According to reports, Shanghai, Tianjin, Fujian and Guangdong four FTA pilot areas last year, the actual absorption of foreign investment amounted to 87 billion 960 million yuan, an increase of 81.3% over the same period, 5/100000 of the land area attracted 1/10 of the country's foreign capital.

In accelerating the reform of foreign capital management system, Sun Jiwen said, Foreign enterprise Law and other 4 laws have been amended. Since October 2016, the establishment and change of foreign-invested enterprises has been changed from examination and approval to record keeping management. 95.3% of the establishment and alteration of foreign investment enterprises have been completed through archival filing, and the convenience of foreign investment has been greatly improved.

In expanding open and orderly progress, Sun Jiwen said that according to the effectiveness of the pilot reform, the actual use of foreign capital in Beijing accounted for 13%. The newly revised catalogue of foreign investment industries has been released to the public for comments. The next step is to implement the relevant procedures as soon as possible.

In improving and optimizing the business environment, Sun Jiwen said that the State Council promulgated the "notice on measures to expand opening up to the outside world and actively use foreign capital", to relax restrictions on foreign investment access, and to create a fair competition environment and promote a new round of high level opening to the outside world in accordance with the principle of equal treatment of domestic and foreign capital, so as to achieve mutual benefit and win-win results.

"Next step, we will further improve the investment environment, safeguard the legitimate rights and interests of foreign investors and foreign-invested enterprises, stabilize and expand the scale of foreign capital utilization, optimize the structure, improve quality and efficiency, and make China an attractive foreign investment hot spot." Sun Jiwen said.

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Since the transition period of cross-border electricity supplier import business in May 2016, cross-border electricity providers are becoming the new strength and main engine of Fujian's foreign trade development.

The Fujian entry exit inspection and Quarantine Bureau announced on 9 th that 107 major cross-border e-commerce operators have been registered in the Fujian area. The cross-border e-commerce import business is mainly based on online shopping bonded mode. The main imports are milk powder, diapers, snack foods, health products, cosmetics and toiletries.

Statistics show that the 282 batch of Fujian online shopping bonded imports, the value of 160 million yuan (RMB), the direct purchase of 502 imports, the value of 154 thousand and 800 yuan.

With the approval of the State Council, since May 11, 2016, China has given a year's transition to the regulatory requirements for the import of cross border electricity retailers. That is, it will continue to be supervised according to the pilot mode. It will temporarily check the customs clearance list for the first line of online shopping bonded goods operated by 10 pilot cities such as Fuzhou and Pingtan, and will not carry out the first import license, registration or filing requirements for cosmetics, infant formula milk powder, medical devices, special foods (including health food, special medical use formula foods, etc.).

Fujian entry-exit inspection and Quarantine Bureau responsible person said that since the implementation of the transitional period, cross-border electricity retail import steady development, to guide enterprises to actively adapt to the regulatory requirements of norms, local innovation and supervision services played an important role.

At present, Fujian has explored the establishment of cross border e-commerce commodity quality traceability management platform. Through the system, it will timely inform the inspection and quarantine departments of the commodities' offshore source information, logistics information and Chinese label information, and consumers can get the traceability information of goods through the scanning source code of mobile phones.

With the approval of the relevant state departments, the transition period of the new import of cross-border electricity supplier will be extended from May 11, 2017 to the end of 2017. Fujian entry-exit inspection and Quarantine Bureau responsible person believes that cross-border electricity providers will lead Fujian's sustained growth in foreign trade.

For more information, please pay attention to the world clothing shoes and hats and Internet cafes.