Ministry of Commerce to shut down Chinese factories in response to Panasonic and other Japanese companies

Absrtact: The Ministry of Commerce spokesman Danyang at a regular news conference yesterday that this January, China's foreign investment, foreign investments in a welcome start, China's investment environment still has a competitive advantage. In addition, for Panasonic, Toshiba and other companies to shut down the day

Danyang, a spokesman for the Ministry of Commerce, said at a regular news conference yesterday that China's foreign investment in January this year ushered in a "flying start" and China's investment environment still has a competitive advantage. In addition, in response to Panasonic, Toshiba and other Japanese companies shut down the Chinese factory, Danyang said that the Japanese companies to invest in China has been, and did not appear the overall withdrawal of Japanese enterprises.

Ministry of Commerce statistics show that January, the national new foreign-invested enterprises 2,266, an increase of 31.8%, the contract foreign investment amount of 33.21 billion U.S. dollars, an increase of 126.2%; the actual use of foreign capital amounts to 13.92 billion U.S. dollars, an increase of 29.4%.

In fact, according to the UNCTAD monitoring report, our country actually absorbed foreign capital for the first time over the United States last year, becoming the largest foreign capital inflow country in the world, and the foreign investment in January this year was also a good start.

Danyang said that this on the one hand shows that China has great potential for development, integrated competition still has an advantage, to maintain a high degree of attractiveness to multinational companies, on the other hand, objectively speaking, China's foreign investment in the world first also has some contingency.

"In 2014, Verizon bought its shares to its British shareholder, Vodafone, with 130 billion US dollars, reducing the net worth of foreign capital inflows to the United States, which would remain the world's number one in 2014, without that factor." "Danyang said.

Compared with absorbing foreign capital, the amount of China's foreign investment in January also ushered in a very auspicious start. January, China's total foreign direct investment to achieve 62.28 billion yuan, an increase of 40.6%. Among them, investment in Hong Kong and ASEAN grew by 11.5%, 65.6% respectively, while investment in Australia and Japan fell by 69%, 50% respectively.

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Limited number of Japanese companies in China

Recently, Panasonic, Toshiba, Citizen and other well-known Japanese enterprises in China shut down factories, resulting in a large number of Chinese workers unemployed. Some analysts believe that this means that Japanese-funded enterprises have begun to withdraw fully in China.

In response to this matter, Danyang said that the 2014 Japanese enterprises to terminate and reduce the capital situation is relatively stable, it should be said that Japanese enterprises to invest in China has been out of the situation, and did not appear in the overall withdrawal of Japanese enterprises.

The Ministry of Commerce statistics show that 2014 Japanese enterprises to terminate the number of enterprises in basic and 2013 flat, the number of enterprises to reduce capital fell by 3.2%. In January this year, the number of newly established enterprises in Japan increased by 3.5%, the contract foreign capital increased by 46.9%, and the actual amount of foreign investment increased by 3.2%. "These figures seem to be a growing trend, not the other way around, for Japanese-funded companies to invest in China as a whole." "Danyang said.

In addition, Danyang said that in recent years by China's labor and land costs rise, economic growth slowed, some foreign investment enterprises poor management, and other factors, a small number of multinational companies in China's business adjustment, including the shutdown of individual factories, such as Japanese companies do shut down individual factories, But overall, the quantity is limited.