CCTV News: On January 21, China's eighth batch of major foreign-invested projects were announced, with 15 projects planned to invest US$33 billion, and the projects involved traditional manufacturing and high-end intelligent technology industries. In 2024, China established nearly 60,000 new foreign-invested enterprises, an increase of 9.9% year-on-year. In 2025, China will stabilize foreign investment with greater efforts. Foreign-invested enterprises continue to increase investment in China, and their confidence in optimizing China's economy has not changed.

The new batch of major foreign-invested projects include 15 projects including the second phase of Fujian Gulei Refining and Chemical Integration Project, Suzhou Bosch New Energy Vehicle Core Components Manufacturing Base, Hefei Volkswagen R&D Center, etc. The number of major foreign-invested projects is the largest in history, with a total planned investment of US$33 billion.

Hua Zhong, deputy director of the Foreign Investment Department of the National Development and Reform Commission, said that the project scope is wide, including both traditional manufacturing industries such as chemicals, automobiles, and machinery, as well as service industries such as R&D centers; the project technology is new, including new energy industry projects, as well as digital and intelligent technology and green technology projects, with outstanding characteristics of high-end, intelligent and green.

At the Sanofi Beijing production base, the newly built bio-raw pharmaceutical project is one of this batch of major foreign-invested projects. In the future, a new factory will be built with an investment of nearly 1 billion euros. It is understood that the raw materials for insulin glargine injection supplied by Sanofi in the Chinese market are imported from Germany and processed into preparations at the Beijing production base. After the new project is completed, the entire industrial chain layout from raw materials to finished drugs can be realized.

Gao Yan, general manager of Sanofi Beijing Factory: "The new production and manufacturing base will provide the factory with terminal raw materials to meet the market supply. This will be Sanofi's fourth production and supply base in China, and it is also the first time that multinational pharmaceutical companies have deployed the production of biological agents and raw materials in China."

In 2025, the National Development and Reform Commission will revise and issue a new version of the "Catalogue of Industries Encouraging Foreign Investment" to guide foreign investment to invest more in advanced manufacturing, modern service industries, high-tech, energy conservation and environmental protection and other fields; encourage foreign-invested enterprises to reinvest domestically and stabilize the scale of foreign investment; continue to expand the opening of the service industry to expand space for foreign investment, and multiple departments have revised and issued the "Regulations on the Management of Strategic Investment of Foreign Investors in Listed Companies", and the investment threshold has been greatly reduced.

Hao Jie, a researcher at the Institute of Foreign Economics of the National Development and Reform Commission, said that my country will continue to "subtraction" on foreign investment access restrictions, "addition" on the business environment, and continuously enhance the "strong magnetism" of high-quality investment attraction, and enhance the sense of gain of foreign-invested enterprises with practical market opportunities. At the same time, we will actively connect with international high-standard economic and trade rules, focus on expanding the opening up of service industries such as telecommunications and medical care, and ensure the national treatment of foreign-funded enterprises, and enhance the confidence of foreign-funded enterprises to invest in China with clear signals.

Data shows that in 2024, China established 59,080 new foreign-invested enterprises, a year-on-year increase of 9.9%, and some developed economies such as Germany and Singapore continued to grow in investment in China. In 2024, the global use of foreign investment is severe, and China still occupies an important position in the global use of foreign investment. A number of data reflect the steady improvement of China's investment quality. Foreign capital is operating well in China, and foreign-funded enterprises' confidence in optimism about China has not changed.