The outward migration of manufacturing industry is a normal economic phenomenon.

The outward migration of manufacturing industry is a normal economic phenomenon.

At the special press conference of the Ministry of Industry and Information Technology, the Deputy Director of the Planning Department of the Ministry of Industry and Information Technology said that the relocation of manufacturing industry and the transfer of industrial chain are normal economic phenomena and the result of globalization and market mechanism. Under the condition of economic globalization, in order to reduce production costs and expand market share, capital often actively adjusts the global production capacity layout. We welcome foreign-funded enterprises to invest in China and respect the objective laws of the market. At present, China's manufacturing industry is increasingly attractive to various resource elements, and more and more foreign capital is actively invested in advanced manufacturing, high technology, energy conservation and environmental protection. The actual use of foreign capital in high-tech manufacturing increased by 32.9% year-on-year.

Although some foreign-funded enterprises are promoting diversified layout, overall, the pace of foreign investment in China has not slowed down. The actual amount of foreign capital used in China was 564.2 billion yuan, up by 17.3% year-on-year. Reports from the German Chamber of Commerce in China and the American Chamber of Commerce in China also show that over 70% of German-funded enterprises and over 60% of American-funded enterprises plan to increase their investment in China, and many well-known multinational enterprises have increased their layout in China around the low-carbon field, so China is still the best investment choice for foreign investors.

The Ministry of Industry and Information Technology said that in the next step, it will support foreign investors to invest in China, encourage foreign investors to invest in advanced manufacturing, high-tech and other fields, make good use of provincial-level linkage service guarantee mechanisms such as "through train" and "green channel", and fully support the accelerated landing of foreign key projects. At the same time, domestic enterprises are encouraged to strengthen international cooperation, do a number of international production capacity and equipment manufacturing cooperation projects, and maintain the stability and smoothness of the global industrial chain supply chain.