Stable Foreign Trade "Sixteen Countries" To Encourage Overseas Investment

< p > > the general office of the State Council has promulgated the opinions of the general office of the State Council on supporting "a href=" //www.sjfzxm.com/news/index_c.asp "foreign trade < /a > stable growth", and 16 opinions, which are the second "sixteen countries" issued by the State Council at the level of the State Council in the past two years.

Stable foreign trade "sixteen countries" proposed to encourage enterprises to take green investment, mergers and acquisitions and other means to invest abroad, and promote the pfer of some industries to overseas.

< /p >

< p > for this, Li Jianfeng, chief strategist of delta securities, said in an interview with reporters yesterday that under the background of the current slowdown in economic growth, stable foreign trade "sixteen countries" can be regarded as a part of the measures of steady growth. After all, in the past four months, the growth of foreign trade is facing many difficulties. To complete the annual goal, we still need policy encouragement and support.

What's more, it is even more important to encourage enterprises to take overseas acquisitions, investment and industrial pfer under the background of RMB internationalization. They can speed up the < a href= "//www.sjfzxm.com/news/index_c.asp > /a > internationalization process, enhance the competitiveness of domestic enterprises overseas, and reduce the overseas investment frictions by greenbelt investment.

< /p >

The "P" Dongguan securities release report points out that the "going out" strategy, which is different from the past through physical exports "a href=" "//www.sjfzxm.com/news/index_c.asp" and "/a >", is to promote the international pfer of industry through overseas investment.

Due to the gradual development of infrastructure investment and excess liquidity, capital exports can reduce foreign exchange reserves and ease excess liquidity, continue to release investment capacity and expand the market.

< /p >

< p >, Huang Zhilong, deputy researcher of China International Economic Exchange Center, pointed out that there are mainly several types of industries that are suitable for overseas investment and pfer. First, industries with continuous increase in domestic production costs and declining international competitiveness, such as textiles and clothing, have been pferred overseas in the past few years.

The two is domestic overcapacity industries, such as iron and steel, nonferrous metals and so on.

Three, it is internationally competitive, and has a clear high-tech and high-end manufacturing industry that drives the domestic industry chain, such as high speed rail, marine engineering and engineering construction.

Through the investment and pfer of these industries, on the one hand, it can digest domestic excess capacity, on the other hand, it can also promote the export of other industries in the industrial chain, and it can also strengthen the internationalization process of RMB in the long run.

< /p >

< p > Li Jianfeng pointed out that the industries that can be pferred overseas are mainly concentrated in industries with relatively high capacity in China, such as iron and steel, nonferrous metals and other industries.

There are three main advantages: first, a large number of heavy industrial raw materials in China rely on imports, pferring iron and steel, nonferrous metals and other industries to raw material producing areas, which can save pportation costs. Two, heavy industry pollution and emission pressure are large. Transferring to foreign countries can reduce domestic energy consumption pressure. Three, heavy industry is capital intensive industry. Transferring to foreign countries will not cause pressure on domestic employment.

< /p >