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The National Development and Reform Commission (NDRC) and

World Economic Forum (WEF) Jointly Organize Delegation of

Multinational Enterprises to Dalian

  From December 7 to 8, the National Development and Reform Commission (NDRC) and the World Economic Forum (WEF) jointly organized a delegation of multinational enterprises to Dalian to conduct research and hold a government-enterprise policy dialogue. The meeting aimed to deepen the pragmatic cooperation between the NDRC and the WEF, respond to the demands of entrepreneurs, further promote China's opening-up policy and attract foreign investment.

  Chen Shaowang, Mayor of Dalian pointed out at the meeting that since the first Summer Davos Forum was held in Dalian in 2007, the Dalian Municipal Party Committee and Dalian Municipal Government have made full use of the Summer Davos Forum as a business card for opening up to the outside world, in order to deep cooperation with global leading enterprises and expand the "circle of friends" in economic and trade exchanges. As for the City Vision 2049, Dalian has put forward the vision and goal of becoming " a city of openness and innovation, a romantic city by the bay", speeding up the construction of an Asia-Pacific convective hub, an innovation source center and an azure city by the bay. Dalian is striving to become an important node of domestic circulation and a significant link between domestic and international dual circulation. Looking ahead to the "14th Five-Year Plan", Dalian has great potential for diversified, wide-ranging and deep pragmatic cooperation with the WEF and its multinational member enterprises .

  As a "Land of Promise" for foreign companies to invest and develop, in recent years, Dalian has been promoting strategic cooperation with multinational enterprises and introducing projects from the world's top 500 companies and top 100 companies in industries. Intel, Dell, ORIX and other foreign-invested enterprises continue to increase their investment in Dalian, and the world's top 500 enterprises continue to invest more in Dalian, which has promoted the high-quality economic and social development of Dalian significantly. Zhou Bing, vice president of Dell Greater China, said that Dalian is a very important part of Dell's strategic layout in China. "Next, we will expand the scale and business scope of the global command center and global service center in Dalian." Why do they choose Dalian? "We are optimistic about the investment environment here. Dell will give full play to Dalian’s regional advantages and continue to expand its business scope in China.

  At present, in order to promote a higher level of opening up, Dalian adheres to the overall promotion of the prevention and control of epidemic and economic and social development, making every effort to secure the fundamentals of foreign trade and foreign investment. According to the official figures, in the first three quarters, Dalian's GDP growth increased by 2.8 percentage points compared with the first half of the year. The industrial added value increased by 4%, which was 2.8% and 3.7% higher than that of the whole country and the whole province, continuing to be in the forefront of the sub-provincial cities in China; investment in high-tech industries grew by 104.5%; 725 projects with an industry value of more than 100 million yuan were resumed, with a year-on-year increase of 30.9%. Major projects and programs are under construction and being steadily implemented. The city's major economic indicators pick up significantly quarter by quarter.

  Li Bin, first-class counsel (DG-level) of the Department of International Cooperation of the NDRC, pointed out that China is striving to establish a new development pattern, to promote a higher level of opening up, and create a market-oriented, legal and international business environment. From January to October this year, China's foreign investment in actual use was 800.68 billion yuan, with an increase of 6.4% year on year. A number of major foreign invested projects, including No.3 BMW Shenyang Factory, Guizhou Kaidesen Mobil petrochemical project and Tesla Shanghai project, have been successfully implemented, demonstrating strong confidence of foreign enterprises in China's development. There are three main factors contributing to the success of stabilizing foreign investment: the continuous expansion of China’s opening-up, improvement of business environment and the resilience of China's economic development. China remains its comprehensive advantages of attracting foreign investment, which mainly include large-scale domestic market, complete supporting industry and infrastructure, as well as abundant human resources. Therefore, China is still an ideal destination for foreign investment.