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Enhance government-enterprise cooperation, strengthen confidence and

establish a new development pattern

  --The National Development and Reform Commission and World Economic Forum Jointly Organized Delegation of Multinational Enterprises to Dalian and Tianjin and Held Government Enterprise Exchange Meetings

China Reform Daily Reporter Yuan Lin

  From December 6 to 10, National Development and Reform Commission(NDRC) and  World Economic Forum(WEF) jointly organized a delegation of multinational enterprises to Dalian and Tianjin and held government enterprise exchange meetings. This is the third survey organized by both sides after Hangzhou, Yiwu and Chengdu.

  "The survey was conducted in Dalian and Tianjin, the two host cities of The Summer Davos Forum. Dalian is the opening window of Northeastern China, an international shipping center in Northeast Asia, and a leading city in revitalizing the old industrial base in Northeast China. Tianjin is the core city of Beijing, Tianjin and Hebei, the central city of Bohai Rim, and the largest port city in the North. " Li Bin, the first-class Counsel (DG-level), Department of International Cooperation of NDRC said that he hoped to promote and attract multinational enterprises to invest in Dalian and Tianjin and carry out long-term cooperation to boost the industrial upgrading and high-quality economic development of the two host cities of Summer Davos Forum.

  David Aikman, chief representative of Greater China of the World Economic Forum, said that the World Economic Forum would take the initiative to support the strengthening of dialogue between members of multinational enterprises and China, assist enterprises to invest in China and participate in China's high-quality development. Affected by the COVID-19, the Summer Davos Forum could not be held in China as scheduled. He hoped that the World Economic Forum's support for the host city of the Summer Davos Forum could be demonstrated in the form of joint survey and government-enterprise exchanges meeting.

  Representatives of multinational enterprises present at the meeting said that China's business environment has been improving and the prospect of industrial development is bright, which has enhanced the confidence of multinational enterprises to invest in local areas and develop for a long period.

  The reporter learned that in the next step, the National Development and Reform Commission will continue to deepen cooperation with the World Economic Forum from two aspects. On the one hand, they will refine and strengthen the existing cooperation. First, continue to prepare well for WEF’s two major brand activities, especially the preparations for China's participation in the 2021 Winter Davos Annual Meeting and the Summer Davos forum. Second, actively participate in WEF’s various activities. NDRC will encourage government and enterprise representatives to join WEF activities and increase the participation of Chinese personnel in various important exchange platforms of the forum. Third, work with WEF to build the Belt and Road Initiative and strengthen cooperation in joint research and personnel exchanges.

  On the other hand, they will actively explore and innovate ways of cooperation. The National Development and Reform Commission and the World Economic Forum have overcome the difficulties of COVID-19, continued their pragmatic cooperation and took an active role in exploring and innovating. Next, they will summarize the successful experience of this year's three surveys and government enterprise exchange meetings, make institutionalized arrangements for local research in 2021, and build this communication channel into a brand of communication between the government and foreign-funded enterprises through platformization, normalization and institutionalization.

  Dalian: Deepen Cooperation and Promote the High-Quality Development of Industry

  "Up to now, 119 Fortune 500 companies have invested in 279 projects in Dalian," On December 7, Deputy Secretary of Dalian Municipal CPC Committee and Mayor Chen Shaowang said at the government enterprise exchange meeting. “Since the first Summer Davos Forum was held in Dalian in 2007, Dalian has deepened its cooperation with global leading enterprises through Summer Davos Forum, and its "circle of friends" in economic and trade exchanges is expanding.”

  Dalian, as the opening window of Northeastern China, has been actively creating a good business environment in recent years, deepening the opening up, expanding the market access of foreign investment, focusing on high-quality industrial development, attracting more foreign investment to advanced manufacturing, high-tech industry, energy conservation and environmental protection, and accelerating the opening and cooperation of service industry. At the same time, Dalian will give full play to its regional advantages as an important international shipping center in Northeast Asia, place emphasis on the future "Bohai Greater Bay Area" coordination , actively participate in Northeast Asia and global economic cooperation and competition and build a regional economic planning featuring high-quality development which faces the whole world.

  According to reports, as a "promised land" for foreign companies to invest and develop, in recent years, Dalian has been promoting strategic cooperation with multinational enterprises and introducing projects from the Fortune 500 companies and top 100 companies in industries. Nidec Corporation, GROB, Goodyear, Sanken and other foreign-invested enterprises have been increasing their investment in Dalian. The Fortune 500 companies 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. With the signing of the Regional Comprehensive Economic Partnership Agreement (RCEP), the economic and trade exchanges between China, Japan and South Korea will be more free and convenient. Dell has confidence in Dalian’s regional advantages and investment environment. They will continue to expand its scale and business scope in China.

  Xia Fei, executive general manager of Knorr-Bremse Commercial Vehicle Systems China, introduced that Knorr-Bremse has set its future development goal in Dalian again, which benefited from the rapid development of China's commercial vehicle market and China's favorable investment environment.

  "For more than ten years, Knorr's business in China has achieved steady and rapid development, with an annual growth rate of about 10% to 20%.” Xia Fei said. Due to the outbreak of COVID-19, Knorr-Bremse experienced a sharp decline in the European business and North American car sales, while only China's sales volume has reached the peak of history, with sales of trucks and business vehicles reaching 1.9 million. Market in China is promising.

  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; 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.  

  Chen Shaowang pointed out that Dalian now has entered a new stage of development. According to 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 World Economic Forum and its multinational member enterprises.

  Also, Li Bin pointed out that China is striving to establish a new development pattern, promote a higher level of opening up, and create a market-oriented, legal and international business environment. 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, ” Li Bin said.

  Tianjin: Expand Investment to Boost the Development of the 14th Five Year Plan

  Open a city to meet the world. Tianjin is located at the "Maritime Gateway" of Beijing, Tianjin and Hebei and the "Belt and Road" intersection of land and sea. Tianjin has solid industrial foundation, outstanding innovation capability, superior business environment and a complete set of special economic zone. In recent years, foreign-invested enterprises in Tianjin have made outstanding contributions to the economic and social development of Tianjin.

  On December 9, representatives of 14 multinational enterprises and government departments exchanged their experiences and thoughts in the context of the epidemic and discussed the development of the 14th Five-Year Plan at a government-enterprise exchange meeting in Tianjin.

  Li Bin said that in the first eight months of this year, despite a sharp decline in global foreign direct investment, China's actual utilized foreign direct investment was 800.68 billion yuan, an increase of 6.2% year on year. A number of major foreign invested projects, including No.3 BMW Shenyang Factory, Huizhou Exxon Mobil petrochemical project and Tesla Shanghai project, have been successfully implemented, demonstrating strong confidence of foreign-invested enterprises in China's development.

  "Tianjin, as one of the hosts of the Summer Davos Forum, has good cooperation with the World Economic Forum. I believe that through these surveys, Tianjin will further show its all-round advantages, attract more multinational enterprises to invest, promote the development of high-end industries, and achieve mutual benefits and win-win outcome," Li Bin said.

  Tianjin has successfully held six Summer Davos Forums. Aikman said that after coming to Tianjin this time, he learned about the city's development plans and visions for the next few years. Tianjin is a benchmark city in the fourth industrial revolution, which deserves its title. Since Tianjin held the Summer Davos Forum, we have seen the increasing strength of reform and opening up of the city. Novel coronavirus pneumonia has been seen in Tianjin since the summer of Davos in Tianjin. This year, the world has seen more of Tianjin's commitment in the outbreak of COVID-19. The World Economic Forum organized member enterprises to Tianjin for survey, hoping to build a platform for direct communication between enterprises and government departments and promote win-win cooperation between multinational member enterprises and Chinese cities. " It is understood that Tianjin is an important center of foreign investment and one of the regions with the highest return rate. 256 Fortune 500 enterprises have settled in Tianjin.

  Zheng Hailan, Senior Director of External Affairs of Samsung Group China, expressed his appreciation for the business environment of Tianjin in his speech, "During the epidemic, Samsung Tianjin new capacitor production line, new battery production line and mobile phone module upgrade are all in urgent need of South Korean engineers for equipment installation and debugging. Under the strong coordination of Tianjin Municipal Government, 1,500 engineers have taken six business charter flights to enter the country smoothly, and all the projects were resumed according to the schedule.

  Wang Haihong, vice president of HSBC (China) Co., Ltd., also said that the steady development of HSBC in Tianjin benefited from the continuous optimization of Tianjin's business environment. "We are also looking forward to Tianjin's vision for 14th Five Year Plan. HSBC will continue to give full play to its strength, serve the traditional manufacturing industry on the one hand, and continue to track and serve strategic emerging industries on the other. By leveraging our advantages as domestic and international linkage, we will help Tianjin achieve its goals in the new development pattern of dual circulation."

  As an important city of Beijing-Tianjin-Hebei Collaborative Development Strategy, Tianjin carries the strategic positioning of "one base and three areas". Ren Penghao, General Manager of System Application Products (China) Co., Ltd. (hereinafter referred to as "SAP"), said that over the years, SAP's main areas of cooperation in Tianjin include equipment manufacturing, logistics management, professional services, life and health. SAP will support Tianjin in building a core area and demonstration area of national advanced manufacturing research and development base, shipping and financial services.

  "As Germany's largest enterprise in terms of market capitalization, SAP and Tianjin have a good foundation for cooperation. We hope that through further cooperation, we can support Tianjin's Beijing-Tianjin-Hebei synergistic development and high-quality economic rebound. From the perspective of enterprises and industries, we will further help to enhance mutual trust and economic, trade and cultural exchanges between China and Germany, and jointly build the new development pattern with domestic cycle as the mainstay and domestic and international dual circulation promoting each other" Ren Penghao said.

  Liu Guoping, chairman of the Greater China region of ORIX Group expressed his excitement about the development of Tianjin in the "14th Five Year Plan". As one of the first Japanese companies to enter China, ORIX and CITIC Group established China's first Sino-foreign joint venture financial leasing company in 1981, which together opened up the history of financial leasing in China.

  "Currently, the business scope of ORIX CHINA covers finance, healthcare, health, science and technology and cultural and creative industries. ORIX has participated in and witnessed the process of China's economic development over the past 40 years of reform and opening up. China has gradually become ORIX's most important overseas market. In the future, we are willing to make greater contributions to promote and enhance the development of cooperation between the industries of China and Japan," Liu Guoping said.

  Liu Xiang, Director of Government Affairs and Market Access of Alcon China, introduced that Alcon is a witness, participant and beneficiary of Tianjin's economic development and health care system reform. In recent years, Alcon has raised higher and more demands and expectations on medical service supply.

  "How to further increase our investment in China and bring more and better innovative products and medical technologies into the China faster is a question we have always been thinking about. We have also been actively cooperating with government departments to provide solutions with Chinese characteristics to the problem of difficult and expensive access to health care and to effectively translate the positive outcome of reform into the people's sense of gain and happiness." Liu Xiang said.

  "While reducing the burden of medical care for patients through price reductions, how to better balance the encouragement of industrial innovation, research and development in order to strengthen the confidence of foreign medical enterprises to increase investment in China?" Liu Xiang also raised his concerns, which are not only the concerns of Alcon, but also the problems faced by more foreign companies under the new situation.

  Li Bin said that the National Development and Reform Commission will further reduce the negative list for market access of foreign investment, treat all kinds of ownership and domestic and foreign-invested enterprises equally, implement the foreign investment law, protect the legitimate rights and interests of foreign investors, strengthen the protection of intellectual property rights, and provide relevant services for the implementation of foreign-invested projects so that investors from all countries can develop and make money in China. We will actively build a higher level of opening-up platform, give the pilot free trade zone greater autonomy in reform and opening up, actively carry out integrated innovation of system, promote the free and convenient flow of factors of production, and provide more choices and convenience for investors from all countries.