Reporter: With the layoffs of Motorola and Adidas closing the factory in China, the media reported that the "foreign capital withdrawal from China" began to appear. Do you think these events can reflect this trend? Bai Ming: This is just the beginning. Regarding the reduction in the scale of utilizing foreign capital, it is necessary to pay attention to it, but do not over-panic. It is normal for foreign investors or foreign companies to come and go. As the most important resource for optimal allocation, the optimal pace of capital allocation on a global scale may be moderately slow, but will not stagnate. Initially, in the second decade of the 21st century, international investment will return to normal growth on the basis of restorative growth. Reporter: Many people believe that even in the 2008 financial crisis, some multinational companies contracted their businesses globally, but the Chinese market was also immune. Now, the Chinese market is hard to be independent. Do you think this is caused by the external market environment or the inevitable result of China's economic slowdown? Bai Ming: There are. What we have to see is that the global economic problems are far more serious than they were three years ago. Three years ago, the global financial crisis was triggered by the US subprime mortgage crisis. It was a violent one, but with the quantitative easing monetary policy adopted by the United States, recovery is also fast. China’s exports at that time were greatly affected by negative growth, but they soon became normal. Now that Europe's economic problems are on the rise, Europe cannot achieve immediate results through the issuance of currency, and monetary and fiscal policies cannot be coordinated. Reporter: In the face of this situation, does China have the ability to cope? Bai Ming: At present, China is cautious about low-end industry investment, and welcomes high-end investment, but it does not have a complete investment supporting environment. It is said that it is easy to change birds in a cage, which also causes a reduction in foreign investment to some extent. We should further graft the development of domestic strategic emerging industries, and increase the investment in high-end industries such as strategic emerging industries. Such foreign investment should have corresponding supporting support in finance and finance. Cold Storage Doors(Steel) Low-temperature resistant steel cold storage door; Biological laboratory steel cold storage door; impact-resistant steel cold storage door Shenzhen Yue Ma intelligent Technol , https://www.ymcleanroomdoor.com
Ministry of Commerce experts: reduce the scale of foreign investment, do not over-panic
Abstract Reporter: With the media layoffs of Motorola, Adidas closing the factory in China and other media reports, the voice of "foreign capital evacuation from China" began to appear. Do you think these events can reflect this trend? Bai Ming: This is just an open...