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12

2022

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02

National Development and Reform Commission: Promote overseas mineral resources investment and development and infrastructure interconnection

The Foreign Investment Department of the National Development and Reform Commission (hereinafter referred to as the "Foreign Investment Department") recently issued a document, in-depth summary of the basic situation of my country's overseas investment development in 2021, and proposed to improve overseas investment services, supervision and risk prevention and control systems in 2022 to improve the quality and efficiency of overseas investment, Promote the development of overseas mineral resources investment and infrastructure interconnection, improve the level of international production capacity cooperation and third-party market cooperation, and build a new development pattern with high-level "going out" going out "service.

The Foreign Investment Department of the National Development and Reform Commission (hereinafter referred to as the "Foreign Investment Department") recently issued a document, which deeply summarized the basic situation of my country's overseas investment development in 2021, and proposed that in 2022Improve overseas investment services, supervision and risk prevention and control systems, improve the quality and efficiency of overseas investment, promote overseas mineral resources investment and development and infrastructure interconnection, and enhance the level of international production capacity cooperation and third-party market cooperation,To build a new development pattern with a high level of "going out" service. 

The Foreign Investment Department said that in 2021, the external environment is severe and complex, and the development of overseas investment faces more challenges.Chinese enterprises to participate in international investment cooperation to promote domestic and international double cycle.The National Development and Reform Commission conscientiously implemented the decisions and deployments of the Party Central Committee and the State Council, implemented the requirements of the third "Belt and Road" construction symposium, and worked with relevant parties to strengthen guidance, services and supervision, and promote the development of overseas investment to achieve a good start to the "14th Five-Year Plan.

Overseas investment flows maintained growth throughout the year.Coordinate the promotion of epidemic prevention and control and overseas investment cooperation, guide Chinese enterprises to strengthen epidemic prevention and treatment of confirmed personnel, support Chinese enterprises to make good use of "fast channels" for personnel and "green channels" for the circulation of goods, and take multiple measures to ensure the construction and production of overseas projects. On the basis of contrarian growth in 2020,In 2021, China's overseas investment flow was 145.19 billion billion U.S. dollars, an increase of 9.2 percent year-on-year, achieving the expected goal of stable development.

"the belt and road initiative" investment cooperation continues to deepen.Promote the convening of the eighth meeting of the China-Russia Investment Cooperation Committee; establish the China-Laos Economic Corridor Cooperation Joint Committee mechanism, determine the list of key projects for the third round of capacity cooperation; sign a new version of the capacity cooperation memorandum with the Cambodian Development Council to actively promote China-Kazakhstan capacity Cooperation green energy projects, and hold the China-ASEAN Capacity and Investment Cooperation Forum.As of the end of 2021, China has signed more than 200 cooperation documents on the joint construction of the "Belt and Road" with 145 countries and 32 international organizations, and policy communication and practical cooperation have deepened and become more practical. In 2021, Chinese enterprises invested $20.3 billion billion in non-financial investments in countries along the Belt and Road, up 14.1 percent year-on-year,It not only serves the needs of my country's economic and social development, but also promotes the joint construction of national industrial development and the improvement of people's livelihood, and achieves positive results of mutual benefit and win-win results.

Third-party market cooperation is advancing steadily. Hold third-party market cooperation forums with relevant departments in Switzerland, Austria and other countries, determine the first third-party market cooperation demonstration project with relevant departments in the United Kingdom, and promote key projects in the fields of new energy, ports, and environmental protection with relevant departments in France, Italy and other countries. Progress, promote the implementation of the list of key projects for China-Singapore (Gabo) third-party market cooperation. By the end of 2021, China has established a third-party market cooperation mechanism with 14 countries to jointly build a platform for practical cooperation among enterprises and achieve positive results of win-win results.

Landmark projects and "small and beautiful" projects have yielded fruitful results. Adhering to the principle of extensive consultation, joint construction and sharing, with the goal of high standards, sustainability and people's livelihood, we should give full play to the main role of enterprises and create landmark projects with high quality. The China-Laos Railway was completed and opened to traffic, and the construction of the Yawan High-speed Railway and the China-Thailand Railway was steadily advanced. The Serbian Belgrade-Old Pazova section of the Hungarian-Serbian railway has entered the static acceptance stage, and the Hungarian section has held a foundation stone laying ceremony. Pakistan's Gwadar Port, UAE's Khalifa Port, Greece's Piraeus Port and other sound operations. At the same time, a number of "small and beautiful" projects in the fields of agricultural production, processing and manufacturing, resource recycling, and public health have made positive progress, which have played a real role in increasing employment, improving people's livelihood, and protecting the environment in the host country.
Comprehensive services for overseas investment have been continuously optimized. Improve the multi-party "going out" work coordination mechanism of departments, localities, enterprises, financial institutions, industry associations, embassies abroad, etc., to jointly provide services and convenience for Chinese-funded enterprises. We will give full play to the role of bilateral and multilateral investment cooperation mechanisms such as Sino-Russian investment cooperation, Sino-Kazakh production capacity cooperation and Mekong production capacity cooperation, and promote the resolution of problems reflected by Chinese enterprises, such as market access, work visas and protection of rights and interests. Relevant departments and units actively promote the resolution of international tax-related disputes of Chinese-funded enterprises, innovate measures to facilitate customs clearance, optimize the cross-border logistics system, and provide various service guarantees for Chinese-funded enterprises.
The overseas investment supervision and risk prevention and control system has been gradually improved. We should give full play to the role of the filing and approval system for overseas investment projects, do a good job in examining the authenticity and compliance, thoroughly implement the code of conduct for enterprises' overseas investment and operation, urge Chinese-funded enterprises to carry out overseas investment in accordance with the law, and establish a good image of Chinese investors. At the same time, strengthen overseas risk monitoring and analysis, promptly remind enterprises of the political, security, environmental and other risks faced by the project, and guide and help enterprises to cope with changes in the investment environment in Myanmar, Guinea, Afghanistan and other countries. Relevant departments and units have strengthened external coordination and communication on overseas security issues, carried out in-depth international law enforcement cooperation, created a more secure and stable environment for Chinese enterprises to develop overseas, and effectively safeguarded overseas interests.
Regarding the work in 2022, the Foreign Investment Department stated that 2022 is an important year for entering the comprehensive construction of a modern socialist country and entering a new journey towards the second centenary goal. A hundred years of change superimposed on the century epidemic, overseas investment faces both challenges and opportunities. The National Development and Reform Commission will adhere to the general tone of the work of seeking progress while maintaining stability, implement the new development concept completely, accurately, and comprehensively, focus on building a new development pattern, and take the joint construction of the "Belt and Road" as the guide, and coordinate development and security, domestic and international, cooperation and Struggle, stock and increment, overall and focus, Improve overseas investment services, supervision and risk prevention and control systems, improve the quality and efficiency of overseas investment, promote overseas mineral resources investment and development and infrastructure interconnection, and enhance the level of international production capacity cooperation and third-party market cooperation, To build a new development pattern with a high level of "going out" service.

Source: National Development and Reform Commission official WeChat

 

 

 

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