Overseas media attention! China welcomes the development of the "express train"

  Cctv newsOn August 16th, CCTV’s "International Sharp Review" broadcast an article entitled "Global investors and traders, welcome to take the" express train "developed by China", which was reprinted by many overseas media.

  From 16 to 18 August, Russian Siberian News Network, European Times German Network, German-Chinese Report website, French LCF Radio facebook account, Spanish Radio International website, Italian Radio We website (facebook, twitter), Turkish Economic Observation Network, Albanian National Radio and Television website, Czech Today Information Network, Kazakhstan Industrial News website, Facebook account of Tanzania Africa Media Group, facebook account of Jordan Global Radio, Chinese PT Portal, Chinese Headline APP, Portuguese New Newspaper APP(facebook, twitter), Nordic Times website, Europe-China United Times website, European Union Chinese website, Africa Times website, West Africa online website, Japanese Chinese business website, Greek China website and many other overseas media have forwarded them one after another. From August 17th to 18th, this article was also published in Hong Kong Ta Kung Pao, Hong Kong wenhui network and Hong Kong Business Daily. The main reports are as follows:

  China recently released economic data for July, showing that the total import and export volume reached 2,602.8 billion yuan, up 12.5% year-on-year, and the growth rate was 8.2 percentage points higher than that of last month. Among them, exports were 1,389.9 billion yuan, up 6.0%, 3.0 percentage points faster than last month; Imports reached 1,212.9 billion yuan, up 20.9%, 14.9 percentage points faster than last month. Import and export balance, the trade surplus of 177 billion yuan, 83.9 billion yuan narrower than last month.

  China’s import and export growth accelerated in July, and its trade surplus narrowed, indicating that China’s measures to open wider to the outside world are releasing more dividends. As the Supreme Leader of president, China said at the 2017 annual meeting of the World Economic Forum, China’s development is an opportunity for the world, and Chinese will not commit "red eye disease". People from all countries are welcome to take the "express train" and "free ride" developed by China. Since the Chairman of the Supreme Leader announced a new round of opening-up measures at the 2018 annual meeting of Boao Forum for Asia in April this year, various measures have been intensively implemented and the commitments to opening up have been fulfilled one by one. In the second half of the year, China will also bring two major benefits to the world: First, the "Huluntong" will be opened during the year to further open the capital market; Second, the first China International Import Expo will be held in Shanghai to provide a larger market and trading platform for global trading partners and create new market demand.

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  Look at Huluntong first. It refers to the interconnection between Shanghai Stock Exchange and London Stock Exchange. Previously, China had launched Shenzhen-Hong Kong Stock Connect and Shanghai-Hong Kong Stock Connect in 2014 and 2016 respectively, which enhanced the margin financing and securities lending capacity of the securities market between Hong Kong and mainland enterprises. "Huluntong" is the first step to connect the world’s largest emerging market with the oldest international mature market, which will not only make China’s securities market more international and legal, but also provide greater opportunities for British enterprises to deeply participate in China’s capital market. International investors can get more convenient financial support through "Huluntong" and increase opportunities for third-party market cooperation. In a recent meeting with British Foreign Secretary Hunt, China Prime Minister Li Keqiang stressed that the two sides should take the opening of the "Shanghai-Luntong" project this year as an opportunity to actively cultivate new growth points for cooperation and achieve mutual benefit and win-win results.

  Undoubtedly, "Huluntong" will become a new footnote for the opening of China’s capital market. Prior to this, the first futures product opened to the outside world from China — — Crude oil futures are listed on the Shanghai Futures Exchange, and the A shares are included in the morgan stanley capital international Emerging Markets Index; From allowing foreign investors to hold 51% shares in joint-venture securities companies and fund companies for the first time to further liberalizing the scope of foreign investors’ participation in A-share trading, a series of opening-up actions in China’s capital market have attracted increasing foreign capital inflows.

  According to the data of the State Administration of Foreign Exchange of China, the cross-border capital inflow of foreign securities investment in China in the first half of the year has tripled year-on-year. According to the statistics of China Securities Regulatory Commission, from January to July 2018, the accumulated net inflow of overseas funds into the A-share market was 161.6 billion yuan. Despite the intensification of global trade friction in June and July, the net inflow of overseas funds into the A-share market still reached 49.8 billion yuan. Recently, morgan stanley capital international Company released the index evaluation report for August 2018, and decided to increase the inclusion factor of the existing A shares from 2.5% to 5%, which will account for 0.75% of the morgan stanley capital international emerging market index.

  In capital market, confidence is more important than gold. The increasing inflow of foreign capital shows the confidence in China’s economic development. In fact, foreign investors have been waiting for China’s huge financial market and profit margin for a long time. Once the "Huluntong" is opened this year, they will undoubtedly share a bigger "cake".

  At the same time, as China’s global trading partners, they will also get more dividends from the first China International Import Expo held in Shanghai in November. As the world’s first national-level exposition with the theme of import, its role in promoting today’s world trade cooperation is unquestionable. At present, more than 2,800 enterprises from more than 130 countries and regions have registered to participate in the exhibition, and it is estimated that there will be 150,000 buyers worldwide. It is reported that more than 30 overseas enterprises have signed up in advance to participate in the second China International Import Expo next year.

  Keen exhibitors have seen that Chinese’s demand for a better quality of life and high-quality economic development is becoming a new kinetic energy for the growth of the global consumer market and a new space for enterprises from all over the world to create wealth. It is estimated that from 2017 to 2022, China will import 8 trillion US dollars of goods and absorb 600 billion US dollars of foreign investment, with a total foreign investment of 750 billion US dollars and 700 million outbound tourists. At a time when global trade and investment are blocked by protectionism and unilateralism, the above-mentioned good news from China is undoubtedly a great boost to the confidence of enterprises in various countries. According to the annual white paper "American Enterprises in China" released by American Chamber of Commerce in China at the end of May, nearly 60% of the interviewed enterprises listed China as one of the top three investment destinations in the world, one third of the members planned to expand their investment in China by more than 10%, and 46% of the respondents expressed confidence that the China government would further open its market to foreign investment in the next three years, which was higher than 34% in the same period last year.

  Looking around the world, China not only has a huge market with a population of nearly 1.4 billion, but also has the determination and actions to support trade liberalization and investment facilitation. I am afraid it is difficult for investors and traders from all over the world to find a bigger market and more opportunities than China. Now, what they need to do is to seize the opportunity and board the "express train" of China as soon as possible.

  A number of overseas media forwarded "International Sharp Review" articles:

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Russian Siberian News Network forwarded on August 17, 2018

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The German-Chinese Report website was forwarded on August 16, 2018.

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Italian Radio We website (facebook, Twitter) forwarded on August 16, 2018.

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The website of Albanian National Radio and Television Station was forwarded on August 16, 2018.

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The facebook account of Tanzania African Media Group was forwarded on August 16, 2018.

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Jordan Global Radio facebook account forwarded on August 16, 2018

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Hong Kong Ta Kung Pao was published on August 17, 2018

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Wenhui network, Hong Kong forwarded on August 17, 2018.

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Forward by Hong Kong Business Daily on August 18, 2018