November China's FDI increase 38.17% to prevent hot money latent inflow

Commercial News (Wang Fang), Ministry of Commerce spokesman Yao Jian, said in a routine press conference yesterday, the November national FDI (actual use of foreign capital) for 9.704 billion U.S. dollars, the year-on-year growth of 38.17%, the chain Rose 26.63%, since August 2009, the 16th consecutive month year-on-year growth, The amount of FDI in China is expected to reach hundreds of billions of dollars this year.　　Relevant experts said that the "latent" hot money inflows under FDI need to strengthen supervision. Tang Jianwei, senior macro analyst at the Bank of Communications Finance Research Center, told reporters hot money "latent" inflow of the main way there are four kinds of, one is to sign the intention to invest in China contract, but the project can not be set up in advance, the capital inflow, the project can not continue, not put into the project funds were moved to do his The second is to sign a strict contract for the amount of compensation, the signatory subjectively urges the compensation to take place, the compensation fund moves to make him use; third, the use of investment spreads to promote hot money inflow, investment funds more than the actual use of funds, rich money into hot money; four is through private remittances, although the limit of 50,000 dollars per person,　　But the teller can add up through multiple accounts. Wang Jian, director of the International Business Research Center at Uibe International Economic and Trade University, said hot money spread to specific areas difficult to manage, the most important thing is to do a good job of FDI capital flow supervision, the entry, operation and outflow of the whole process of strict control, to ensure that FDI funds into the project, the influx of hot money, to prevent its in the real estate market, The stock market and other areas are raging. He said that in the short term, through passive hedging of hot money, tightening monetary policy, reduce domestic liquidity; In the long run, we should strictly monitor the flow of FDI funds and do a good job in the late supervision of investment.