SCIO press conference on China's economic performance in H1 2021

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Ta Kung Pao and Wen Wei Po:

The data shows that the value added to enterprises funded by foreign investors or investors from Hong Kong, Macao, and Taiwan increased by 17% year on year from January to June. What is your comment on this figure? Thank you. 

Liu Aihua:

Thank you for your question. You've checked the data very carefully. As you said, the value added to enterprises funded by foreign investors or investors from Hong Kong, Macao, and Taiwan increased by 17% year on year. Such a growth rate is higher than that of the industrial enterprises above the designated size. In the first half of this year, the total value added to the industrial enterprises above the designated size grew by 15.9% year on year. The 17% growth rate indicates that the investment from foreign investors and those from Hong Kong, Macao, and Taiwan have shown flexibility in responding to the economic fallout of the pandemic and adapting to the market changes. Moreover, our policies have been providing more support to enterprises and the real economy. In general, the increase of enterprises and industries invested in by foreign investors and those from Hong Kong, Macao, and Taiwan also confirms the recovery of our overall economy and indicates that the business performance of market entities is also improving. Thank you.

Xing Huina:

Thank you, Ms. Liu. Today's press conference is hereby concluded. Thank you to all of our friends from the media. Goodbye. 

Translated and edited by Wang Yiming, Wang Qian, Cui Can, Yuan Fang, Duan Yaying, Chen Xia, Mi Xingang, Wang Wei, Zhang Rui, Wang Zhiyong, Zheng Chengqiong, Li Huiru, Zhang Tingting, Huang Shan, Gong Yingchun, Liu Qiang, Jay Birbeck, and Tom Arnstein and Geoffrey Murray. In case of any discrepancy between the English and Chinese texts, the Chinese version is deemed to prevail.

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