2015年CRI Updated China ODI Data Shows More Impressive Growth

 

According to the report, China's foreign direct investment reached 123 billion U.S. dollars in 2014, a 14 percent annual increase.

Zhang Xiangchen, the International Trade Deputy Representative from the Ministry¹ of Commerce, says the numbers also indicate a continuous increase of Chinese investment into the United States.

"As of the end of 2014, China has set up three thousand enterprises in the United States, with investment of $65 billion US dollars. The outbound direct investment stock was 38 billion, accounting² for 58% of the total investment stock. The United States has become China's third-largest destination for foreign investment, after Hong Kong and Australia."

The official notes that as the two countries are currently negotiating on the Bilateral³ Investment Treaty, the number is expected to further grow.

"During the new round of negotiations⁵, representatives from both China and the United States have exchanged and evaluated the updated negative list. From our perspective, though the negotiation⁴ is still in process, both sides have already made substantive⁶ improvements. The US Security Review has been concerned over the Chinese government and enterprises. We will urge the US to simplify procedures, add more transparency in the process, and reduce unnecessary troubles and barriers for Chinese companies to invest in the US."

According to the Zhang, the BIT marks an important step in opening China's economy to U.S. investment by eliminating market barriers, and leveling the playing field for American workers and businesses.

And on the other hand, Zhang Xiangchen says it could be a boost for Chinese investors⁷ wanting to explore the U.S. markets.

"When it comes to whether to invest in the US, Chinese enterprises think more about the long-term development of the company itself. It is a strategic decision concerning many factors. The host country's macroeconomic policies, including interest rate policies are certainly under their consideration. However, what company's eventually do is to think from the perspective of the global industrial layout, consider what their business needs, and then find their own appropriate development opportunities."

Statistics showed in the first 8 month of the year that China's investment in the U.S. totaled more than 4.4 billion U.S. dollars, up nearly 36 percent from the same period last year.

For CRI, I'm Niu Hongling.

1 ministry   

n.(政府的)部；牧师

参考例句：

• They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
• We probed the Air Ministry statements.我们调查了空军部的记录。

2 accounting   

n.会计，会计学，借贷对照表

参考例句：

• A job fell vacant in the accounting department.财会部出现了一个空缺。
• There's an accounting error in this entry.这笔账目里有差错。

3 bilateral   

adj.双方的，两边的，两侧的

参考例句：

• They have been negotiating a bilateral trade deal.他们一直在商谈一项双边贸易协定。
• There was a wide gap between the views of the two statesmen on the bilateral cooperation.对双方合作的问题，两位政治家各自所持的看法差距甚大。

4 negotiation   

n.谈判，协商

参考例句：

• They closed the deal in sugar after a week of negotiation.经过一星期的谈判，他们的食糖生意成交了。
• The negotiation dragged on until July.谈判一直拖到7月份。

5 negotiations   

协商( negotiation的名词复数 )； 谈判； 完成（难事）； 通过

参考例句：

• negotiations for a durable peace 为持久和平而进行的谈判
• Negotiations have failed to establish any middle ground. 谈判未能达成任何妥协。

6 substantive   

adj.表示实在的；本质的、实质性的；独立的；n.实词，实名词；独立存在的实体

参考例句：

• They plan to meet again in Rome very soon to begin substantive negotiations.他们计划不久在罗马再次会晤以开始实质性的谈判。
• A president needs substantive advice,but he also requires emotional succor. 一个总统需要实质性的建议，但也需要感情上的支持。

7 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会