Financials Oct 22, 2021 01:08 PM (GMT+8) · EqualOcean
When it was recently reported that foreign-funded enterprises were shutting down or moving out of China, the relevant person in charge of the foreign capital department said that China's market is open. It is a normal market behavior for foreign-funded enterprises to enter and leave every year, which is in line with the market law and a manifestation of investment liberalization and facilitation. We are concerned that sometimes some foreign-funded enterprises shut down their factories in China, and some products no longer have a competitive advantage in the market; Some transfer investment in labor-intensive fields abroad, increase investment in technology intensive fields in domestic enterprises, and optimize the global layout. From the overall situation, foreign-funded enterprises have more in and less out, more increase and less decrease.

This text is a result of machine translation.