200 1 With China's accession to the WTO, a more open, stable and promising emerging market appears in front of international investors. As a result, multinational companies have expanded their business objectives and extended their industrial chains in China, and China's foreign investment has once again reached a new level. After the recovery growth after the Asian financial crisis was realized in 200 1, the investment of multinational companies in China was obviously accelerated, and the introduction of foreign capital in China achieved the second substantial growth after 1992 Comrade Deng Xiaoping's southern tour speech.
2. Manufacturing FDI seeks to upgrade.
Since the new century, multinational companies have begun to adjust the industrial structure of their investment in China, trying to keep up with the development of China's manufacturing industry and enhance their investment in China. On the one hand, it is manifested in the inward migration, outward migration and local upgrading of a large number of labor-intensive industrial investments. Most labor-intensive enterprises choose to stay, and strive to cope with many challenges such as rising costs, economic and trade frictions and RMB appreciation by improving production efficiency and optimizing production methods and product structure.
3. From the introduction of general production projects to the establishment of regional headquarters, R&D centers and procurement centers; From meeting local demand and pursuing local market to facing the world.