According to the latest figures released by the Ministry of Commerce, 6949 foreign-invested enterprises were newly approved in the first quarter of this year, down 25.26% compared with the same period last year, and the actual amount of foreign capital invested was 27 billion 414 million US dollars, an increase of 61.26% over the same period last year.

We can see that the use of foreign capital in the first quarter shows that the number of new enterprises has continued to decline and the actual usage has increased significantly.

In particular, the actual use of foreign capital increased significantly, the growth rate was 49.7 percentage points higher than the same period last year.

In recent years, especially in 2007, China has adjusted its policy of utilizing foreign capital in a concentrated way.

Abolish the "export tax rebate" of some products, implement the "two taxes combination" of domestic and foreign enterprises, and release measures such as the guidance catalogue for foreign investment industry, so that the threshold of foreign capital entering China will gradually improve.

At the same time, under the background of increasing costs of labor, land, environmental protection and so on, whether China still has great attraction to foreign investment has attracted wide attention at home and abroad.

"The first quarter figures show that foreign investment is still optimistic about China's economy."

Hao Hongmei, an Associate Research Fellow of the Ministry of Commerce's foreign trade department, said.

Chen Deming, Minister of Commerce of the Ministry of Commerce, said that the accelerated entry of large projects, the appreciation of the renminbi, the guiding role of policies and the growth of China's investment have contributed to the substantial increase in the actual use of foreign capital this year.

In the first quarter, the number of new foreign-funded enterprises continued to decline.

Regarding this, the director of the Foreign Affairs Department of the Ministry of Commerce pointed out that this is a "normal fluctuation of investment".

Some experts believe that this reflects to a certain extent that China's industry oriented policy of utilizing foreign capital has begun to play its role.

"One liter and one drop" shows that foreign capital's interest in labor-intensive industries with lower capital threshold is decreasing, and interest in high value-added, high technology and other fields with large capital investment is increasing.

Hao Hongmei said.

What is worth noting is that some provinces and cities in recent years have seen a few abnormal foreign capital divestment.

The director of the Ministry of Commerce said that this is only an individual phenomenon and will not affect the overall situation of China's introduction of foreign investment.

Wang Zhile, director of the research center of MNCs of the Ministry of Commerce and trade, believes that with the acceleration of China's industrial upgrading and the acceleration of the development of the central and western regions, foreign investment has a good development space in China.

The figures also show that foreign investment has accelerated significantly in the Midwest of China.

According to statistics, in the first quarter, the actual utilization of foreign capital in the western region was US $2 billion 46 million, an increase of 260% over the same period last year. The proportion of total foreign investment in the western region increased from 4% in the same period last year to 7% in the same period last year.

"We should also pay attention to potential risks when we see a substantial increase in foreign capital," he said.

Zhang Yansheng, director of the Foreign Economic Research Institute of the national development and Reform Commission, said.

He believes that in the first quarter of the actual amount of foreign capital increase, we can not exclude the influx of hot money, we should guard against the impact of international short-term capital on counterfeit direct investment.