久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Economy

European investors cool toward China

By Diao Ying and Li Jiabao (China Daily) Updated: 2012-10-29 14:07

European investors cool toward China

Employees work at the DHL North Asia hub in Shanghai. The $175 million investment project was put into operation on July 12. European investment so far this year has declined by 6.3 percent year-on-year because of China's slowdown and the eurozone debt crisis. Xiao Yang / for China Daily 

Foreign direct investment from EU slowing along with economic growth

China's economic slowdown and the sovereign debt crisis have taken a toll on bilateral investment between China and Europe, recent data shows.

Foreign direct investment from the European Union to China declined 6.3 percent year-on-year from January to September to $4.83 billion (3.7 billion euros), according to the Chinese Ministry of Commerce. China's outbound investment to Europe also dropped by 30.3 percent over the period, compared with a 35 percent increase to Russia and 22.2 percent to Japan.

Foreign direct investment fell for the 10th time in 11 months in September, reaching $8.43 billion, down 6.8 percent year-on-year. This year only May bucked the downward trend with a slight gain, according to the ministry. In total, the first nine months saw China's FDI decline 3.8 percent year-on-year to $83.42 billion.

"Decline is the general picture for FDI in China as rising costs have reduced its attraction for foreign investors and investment opportunities have shrunk following rapid rises in FDI over recent decades," says Li Xunlei, deputy general manager and chief economist at Haitong Securities Co Ltd.

According to Xiang Songzuo, chief economist of the Agricultural Bank of China Ltd, slowing economic growth combined with poor global economic conditions have dented the enthusiasm of foreign investors.

"China still needs FDI, but investment is more likely to flow to fields such as the Internet and finance and foreign investment guidelines will be subject to further adjustment," he says.

Xiang adds that slowing FDI inflows will affect China's economic restructuring and shows a lack of optimism among foreign companies about China's economic prospects.

China's GDP growth slowed from 9.7 percent in the first quarter of 2011 to 7.4 percent in the third quarter of this year, dragged down primarily by a decline in investment and exports.

"In the short term, declining FDI will not severely affect China's economic growth. But economic expansion will almost certainly slow in the future," Li says.

"China will maintain relatively fast economic growth and retain a certain attraction in terms of FDI. But the challenges will increase from other emerging economies, such as Vietnam, India and Indonesia."

Ministry data also shows an increase in investment flows from some European countries. This year, investment from Germany has risen 29.1 percent, from the Netherlands it is up 38.9 percent and from Switzerland it has almost doubled.

Investment flows from Europe to China began to decline last year. In 2011, flows from China to the EU rose 94 percent to $4.28 billion, while investment from the 27 European countries to China fell 3.7 percent to $6.35 billion.

Bilateral trade reached $567.2 billion in 2011, up from $100 billion in 2003, with an annual growth rate of 20.8 percent in the past eight years. The two sides are on course to be each others biggest trading partners by 2015. Currently China is both the EU's second-largest trading partner and fastest-growing export market while the EU has been China's biggest trading partner for eight years in a row. China is also Europe's largest source of imports.

Bilateral investment has been rising fast. Companies from the EU have invested more than $80 billion in China in total. China's investment in Europe has also been increasing rapidly. China invested only $100 million in Europe in 2003, compared to $4.3 billion in 2011.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 乱子伦一级在线现看 | 亚洲国产精品网站久久 | 亚洲综合色一区二区三区小说 | 美女视频免费看视频网站 | 欧美成年黄网站色视频 | 国产一级特黄特色aa毛片 | 国产美女一区精品福利视频 | 亚欧成人中文字幕一区 | 午夜精品久久久久久99热7777 | 天堂影院jav成人天堂免费观看 | 国产资源在线免费观看 | 一级黄色美女视频 | 美女黄色在线 | 亚洲看片网 | 一级成人a做片免费 | 日韩在线一区二区 | 欧美日韩另类综合 | 日韩亚洲欧美理论片 | 高清一区在线 | 很黄很色的免费视频 | 久久国内精品视频 | 日韩区| 国产精品不卡在线 | 找个毛片看看 | 国产91丝袜美腿在线观看 | 亚洲情a成黄在线观看 | 久久久久香蕉视频 | 亚洲精品一区二区三区美女 | 欧美成人一区二区 | yellow中文字幕久久网 | 韩国good三级在线观看久 | 一级毛片私人影院老司机 | 在线亚洲精品国产波多野结衣 | 中文字幕视频免费在线观看 | 国产在视频线在精品 | 日日摸人人看97人人澡 | 欧美高清视频手机在在线 | 亚洲视频一区在线 | 久草首页在线 | 男人透女人超爽视频免费 | 日本一级在线播放线观看免 |