[[ImgSrc-search]]

Contact Us:

TEL: +86-13698650383
Fax: +86-532-87237920
E-mail: info@blowingplastics.com  suntop@blowingplastics.com
Address: Site is located in the north of Taidong road and west of Xinjiang in Qingdao

Home > News > Content
What Happened Under The Trade War? US Investment In China Increased By 23.6% Year-on-year
Oct 24, 2018

According to the Hong Kong Ta Kung Pao report on October 22, in April this year, the British ARM joint venture company in Shenzhen will be listed in Shenzhen, relying on ARM global innovation ecosystem and technical standards, combined with the needs of the Chinese market to develop and sell the world's advanced artificial intelligence and other types. Integrated circuit design intellectual property products. In the future, Shenzhen will become a modern international and innovative city and an international technology and industrial innovation center.


Shenzhen Nanshan Ansenmei Semiconductor Co., Ltd., a subsidiary of the United States' Anson Group, is one of the world's top semiconductor component suppliers. The high-tech products developed and manufactured in Shenzhen are mainly smartphones, cloud computing, 5G and other business services of Huawei and Apple.


1000


Wu Tao, general manager of Nanshan Ansenmei Semiconductor Co., Ltd. revealed that the company has also launched research and development of electric vehicle inverter modules, which is one of the major projects of the American Anson Group. On the one hand, it satisfies the needs of international customers such as Tesla, on the other hand, it serves Chinese companies such as Geely and Beiqi. The company is optimistic about the application market of electric vehicles in China.


Struggling against the trend, nearly 10,000 foreign companies settled in Shenzhen


According to the report, although the uncertainty of the international trade and investment environment has increased this year, the foreign investment in China has not diminished. Taking Shenzhen as an example, foreign businessmen have rushed to Shenzhen to compete against the trend. In the first eight months of this year, there were 9,724 new foreign-invested enterprises, an increase of 186.25%. Experts believe that as a national innovative city, it is impossible to focus on the investment opportunities in Shenzhen's vast market. The optimization of the business environment and the integrity of the industrial system will undoubtedly make Shenzhen become a foreign trade plus China in the context of trade warfare. "haven".


According to the report, before the National Day, the State Council executive meeting once again issued a signal of “implementing a more proactive and open strategy”, deploying open measures to promote foreign investment in major projects and vigorously protecting intellectual property rights, which will undoubtedly benefit foreign investment in China.


Foreign capital does not reversal plus code


According to the report, the foreign investment data reflects the good momentum of attracting foreign investment from the mainland. From January to August this year, there were 41,131 foreign-invested enterprises in the mainland, which doubled over the same period of last year; the amount of foreign investment absorbed was 560.43 billion yuan, a year-on-year increase of 2.3%. Among them, US investment in China increased by 23.6% year-on-year, and investment in China along the “Belt and Road” increased by 26.3% year-on-year. This shows that China’s policy of expanding opening up has played a positive role in stabilizing foreign investment. Recently, the "White Paper on China-US Economic and Trade Frictions and China's Position" reiterated that China will firmly protect the legitimate rights and interests of foreign businessmen in China, and protect foreign investors' legitimate rights and interests, create an equal and competitive market environment, and establish open and transparent foreign-related laws. The system and other aspects have released a clear signal.


According to the Shenzhen Economic and Trade Information Commission, in the first half of 2018, Shenzhen newly approved 6947 foreign direct investment projects, an increase of 169.58%; the actual use of foreign capital was 4.05 billion US dollars, an increase of 20.48%. Lin Zhiying, an expert from the Economic and Trade Policy Advisory Committee of the Ministry of Commerce, believes that under the background of trade wars, foreign investment against China is the result of sustained reform and opening up of the country, and it is also the expectation of foreign investment to grasp the development opportunities of Guangdong, Hong Kong and Macau. He believes that Shenzhen's innovation energy level is enhanced and attracts global resources; the business environment is optimized, and investment is overweight; the industrial system is complete and efficient, which is conducive to the iterative upgrading and development of foreign capital.




--------------------------------------THE END--------------------------------------------------------------