China-Foreign Investment/H1

Shotlist

FILE: Beijing, China – Date Unknown (CCTV – No access Chinese mainland)
1. Various of building, signs of Ministry of Commerce

Beijing, China – July 29, 2022 (CCTV – No access Chinese mainland)
2. SOUNDBITE (Chinese) Chen Chunjiang, director, Department of Foreign Investment Administration, Ministry of Commerce:
“We have continued to improve the environment for foreign investment. Relevant authorities organized the review of laws and regulations inconsistent with the Foreign Investment Law, and promoted the repeal, revision, and formulation of 520 laws and regulations to further improve the legal environment for foreign investment. We also actively worked with the Standing Committee of the National People’s Congress in inspecting the enforcement of the Foreign Investment Law, urged local governments to effectively implement various systems for investment promotion, protection and management, so as to ensure national treatment for foreign-funded enterprises, and safeguard the legitimate rights and interests of foreign investors.”

FILE: Shanghai, China – Date Unknown (CCTV – No access Chinese mainland)
3. Various of Tesla assembly line

FILE: Shanghai, China – Oct 2021 (CGTN – No access Chinese mainland)
4. Various of robotic arms in operation

FILE: Wuhan City, Hubei Province, central China – Date Unknown (CCTV – No access Chinese mainland)
5. Various of factory of Bosch Huayu Steering System Company, equipment, workers

FILE: Shanghai, China – Date Unknown (CCTV – No access Chinese mainland)
6. Aerial shot of Shanghai pilot free trade zone

FILE: Shenzhen City, Guangdong Province, south China – 2022 (CCTV – No access Chinese mainland)
7. Aerial shot of port scene
8. Various of port crane moving container

Storyline

China made solid progress in stabilizing foreign investment and achieved positive results in the first half of this year, according to the Ministry of Commerce on Friday.

China has steadfastly opened wider to the outside world, officials told a press conference in Beijing.

New foreign investment negative lists for pilot free trade zones and other parts of the country were issued to further ease market access for foreign investors.

For example, in the auto manufacturing sector, foreign ownership restrictions were lifted nationwide, which greatly boosted the investment confidence of foreign auto companies. Increased investment by foreign car companies also led to the investment expansion of some foreign auto parts manufacturers.

Efforts have been made to enhance policy support for stabilizing foreign investment, said the ministry.

Various departments took multiple measures to support the introduction of foreign investment in the manufacturing sector, issued supporting documents to stabilize foreign investment, and guided local governments to implement policies and measures such as preferential tax policies and subsidies for foreign individuals, and to provide equal opportunity to foreign companies in government procurement, so as to enhance the sense of gain of foreign enterprises.

Special working groups have been organized to help foreign companies solve practical problems in key foreign-funded projects, and measures have been taken to promote the implementation of major foreign-funded projects.

From January to June this year, the actual investment in large projects with contracted foreign capital of more than 100 million U.S. dollars increased by 30.2 percent year on year, accounting for 53.2 percent of the total foreign investment in China, showing a significant driving effect.

“We have continued to improve the environment for foreign investment. Relevant authorities organized the review of laws and regulations inconsistent with the Foreign Investment Law, and promoted the repeal, revision, and formulation of 520 laws and regulations to further improve the legal environment for foreign investment. We also actively worked with the Standing Committee of the National People’s Congress in inspecting the enforcement of the Foreign Investment Law, urged local governments to effectively implement various systems for investment promotion, protection and management, so as to ensure national treatment for foreign-funded enterprises, and safeguard the legitimate rights and interests of foreign investors,” said Chen Chunjiang, director of the Department of Foreign Investment Administration at the Ministry of Commerce.