The market releases a huge magnetic attraction and going to China has become the consensus of mo

Mondo Finance Updated on 2024-02-25

Since the beginning of the year, many foreign investors have stepped up their efforts to expand their business in China. So, how attractive is the Chinese market to foreign investment? The February 24 edition of Data Insights started with a foreign fast-food chain brand that Chinese consumers are familiar with.

In the past year, McDonald's opened 1,900 new restaurants around the world, and the number of new restaurants in China exceeded 1,000, which means that on average, a new McDonald's restaurant opens in China every ten hours. With China's rapid urbanization rate, we found that in the past five years, more than half of McDonald's new restaurants in China have been opened in cities and towns.

It is precisely because of the huge potential of the Chinese market that in November last year, McDonald's Global announced that it would increase its stake in McDonald's China and continue to increase its investment in the Chinese market.

And Starbucks, which has also continued to increase its weight and deepen its cultivation of the Chinese market, is also familiar to Chinese consumers. This time, they have increased their investment in building a world-class coffee industry chain in China, with the Coffee Innovation Industrial Park in Kunshan, Jiangsu Province, and the world's first Chinese Innovation and Technology Center in Shenzhen.

According to the data just released by the Ministry of Commerce, in January this year, China's actual use of foreign capital was 1127100 million yuan, 4,588 new foreign-invested enterprises were established in the country, a year-on-year increase of 744%。Among them, the actual use of foreign capital in high-tech manufacturing increased by 406%, and the proportion of high-tech industries in the actual use of foreign capital was 347%。It can be seen that foreign investment favors China, in addition to China's super market, there is also a good soil for scientific and technological innovation, and the innovation results bred from the Chinese market can be exported to the world.

In order to further enhance the confidence of foreign investment, China is also working hard. This year, the Ministry of Commerce will hold a roundtable meeting every month to solve the difficulties and common problems of foreign enterprises in China, and Shanghai, Zhejiang and other popular places for foreign investment are also accelerating the implementation plan of foreign investment landing projects.

The "two-way rush" in this spring has shown the world the resilience and vitality of China's economy.

*: CCTV.

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