Chinese companies invest 60 billion dollars a year on a small scale

"Chinese companies are investing a small amount of money in the EU, but the EU has a lot of investment potential."　　"Saiyang, Counsellor of the European Union's China delegation, was impressed by the enthusiasm of Chinese companies to invest abroad," he said in a press conference on the 2010 report on the status and intentions of foreign investment in Chinese enterprises, and expressed the hope that Chinese companies would pay more attention to the EU. In the next 2-5 years, 61% of Chinese companies said they would significantly increase investment or moderately increase overseas investment, according to the survey, which was completed by the Chinese Council for the promotion of ccpit and the European Union, and 36% of Chinese companies will invest in Asia in the future, down 22% from the previous year's survey; 25%　　Companies are willing to invest in Europe and North America, up from the previous year.　　Chinese companies surveyed said the financial crisis had also had a positive impact on foreign investment, mainly in the form of a crisis that weakened the strength of foreign rivals and offered opportunities for Chinese companies to acquire overseas assets.　　Chaoxiaorde, Minister of Economic Information of Ccpit, said that Chinese enterprises still faced great problems in overseas investment, such as the relatively single financing channels, and the "going out" of enterprises was also affected by the adjustment of Export tax rebate policy.　　　　Ministry of Commerce Foreign Investment and Economic Cooperation Division Director Li Zhiqun pointed out that the Ministry of Commerce in 2010 will vigorously promote foreign investment facilitation, improve finance and taxation policies, and actively participate in international investment and cooperation in the formulation of rules to promote Chinese enterprises to "go out" as soon as possible.　　Short-term cautious medium-term positive according to the above survey report, since 2008, the international financial crisis, the short-term Chinese enterprises to invest cautiously, only 26% of the companies said it will increase foreign investment in the next 12 months.　　In the next 2-5 years, the company's outward investment will increase significantly, the proportion of enterprises with significant increase in investment and moderately increased investment is 12%, 49%, Total 61%. This reflects the willingness of Chinese companies to invest abroad for a certain period of time, Chaoxiaorde said.　　Africa in particular, "is gradually becoming a hot spot to attract Chinese investment." Close to the Ministry of Commerce told reporters that the Ministry of Commerce expects 2010 Non-financial OFDI, is expected to reach more than 60 billion U.S. dollars. In 2009, China's non-financial foreign direct investment of 43.3 billion U.S. dollars.　　In the first quarter of this year, China's enterprises to achieve non-financial category of foreign direct investment of 7.52 billion U.S. dollars, an increase of 103.3%.　　However, there are still many hidden worries behind the "bottom up" of Chinese enterprises overseas.　　A business investor in Africa points out that investment in Africa, while profitable, is hard to replace with foreign exchange because of the strict foreign-exchange regulations. In addition, Chinese enterprises "go out" financing bottlenecks is also a problem. According to a survey by the Ccpit, 59% of companies use their own capital to invest abroad, and 31% of companies ' foreign investment is financed by bank loans, which is the main channel for Chinese companies to obtain overseas funds. The survey concludes that "the financing of foreign investment by Chinese enterprisesChannels are still relatively single ".　　Another problem is that Chinese companies are not investing much, and companies that have invested up to $100 million trillion in total 1%,61% have less than $1 million trillion in foreign investment.　　　　But the multinational business index of Chinese enterprises is only 20%, and the transnational operating index of the world's top multinationals is generally over 50%.　　The "facilitation" policy will be promulgated by the Ministry of Commerce, the State administration of taxation and safe will intensify efforts this year to introduce more Chinese enterprises to "go out" of the facilitation measures. Li Zhiqun said that this year will be a sound enterprise "go out" related policies to promote Chinese enterprises to facilitate foreign investment, and further research on investment and foreign labor cooperation in the new policy. Encourage domestic enterprises to invest abroad in manufacturing, advanced technology, new energy, services, etc.　　To support domestic enterprises to invest in internationally renowned brands, marketing networks and research and development institutions, to encourage enterprises to carry out international energy, resources deep-processing, innovative international resources, energy cooperation new ways.　　In addition, the Ministry of Commerce will be a sound enterprise to go out of the service security system, update the foreign investment cooperation of the country guide, and foreign investment and cooperation of the country-oriented industry directory. Wang Li, deputy director of the State administration of taxation, said that this year will further improve the enterprise's income from overseas investment tax credits related policies.　　China will also cooperate with more countries and regions to carry out tax treaties. Sun Rujun, director of the Capital Management Department of the State Administration of foreign exchange, said the next step would be to adopt a policy of "simplifying formalities, easing restrictions and promoting foreign trade and investment facilitation". Given that China's foreign exchange reserves already have 2.5 trillion of billions of dollars, exchange controls will change from "wide to strict" to "balanced management". "Affected by this, the national foreign exchange management will be engaged in the pre-approval management, into a" strengthened after the examination and approval monitoring analysis. The convertibility of capital projects will be steadily promoted in 2010 to facilitate overseas investment and trade of Chinese enterprises.