The people interviewed by foreign companies believe that the news of China's relaxation of the entry policy will not immediately revive the confidence of foreign companies. It is expected that it will be seen in the summer to see a significant return.
Since this year, foreign companies who have actively urged China to accelerate the relaxation of the entry policy and have a good worries about China's comprehensive open border. While welcoming the official relaxation policy, they are also worried that the fast open speed may increase the uncertainty of the business environment.
The people interviewed by foreign companies believe that the news of China's relaxation of the entry policy will not immediately revive the confidence of foreign companies. It is expected that it will be seen in the summer to see a significant return.
The China State Council ’s joint prevention and control mechanism on Monday (December 26) announced the cancellation of the requirements for the detection and centralized isolation after entering the country after entering the country, and ended the strict entry measures that have been criticized by foreign investors in the past three years.However, the time to relax the entry policy coincides with the peak of many domestic epidemic in China, and many foreign companies are concerned about the news of openness.
Jiang Kaiming, a partner of Shanghai Taide's Avian Business Counseling Company, pointed out in an interview with Lianhe Morning Post that foreign companies are still carefully observing China's epidemic prevention. China's rapid opening pace brings a lot of uncertainty to the enterprise. At presentPlanning, for example, some areas still require employees to test nucleic acid detection, and some are not used. "Everyone is doing their own."
Jiang Kaiming said that many factories cannot reach the highest productive forces due to crown diseases of employees. Many companies have given early holidays on the premise of the Spring Festival holidays.Foreign companies are paying attention to how long the epidemic will last. From the experience of foreign countries, it will appear for five to six months after opening."" ".
Over the past year, foreign companies have called on China to accelerate the opening of the country.It is reported that strict epidemic prevention restrictions have triggered a wave of foreign investment. Both the EU Chamber of Commerce and the U.S. Chamber of Commerce have urged China to accelerate the open border and say that some foreign companies have re -considered whether it is in China.
China ’s absorption of foreign capital growth has slowed down a significant year -on -year growth rate this year, reaching 37.9%from January to February, and a significant drop from January to November to 9.9%.
The CPC Central Committee's Economic Work Conference in December has specified to vigorously boost market confidence, attract and use foreign capital greater efforts, and provide the greatest extent for foreign companies to engage in trade and investment negotiations.
After China's official announcement, the Shanghai -Shenzhen 300 Index and the Shanghai Composite Index rose 1.15%and 0.98%on Tuesday.
But some foreign companies admit that the news of China's relaxation of the entry policy will not be confidently confidence in foreign companies. Investors not only pay attention to whether China is open to the country, but also pays attention to the stability of the overall business environment after the opening of the country.
Scholars: help to restore domestic normal production in the short term
Jiang Kaiming believes that foreign companies and executives are expected to return significantly until summer, because the shortage of flights and rising air ticket prices will continue for a while.
Wang Jun, chief economist of Huatai Assets, judged that the news of China's cancellation of concentrated entrepreneurial measures of immigration released the clear signal of China to continue to open and take economic development as the primary task.
This long -term concerns will reduce foreign investors' concerns about the fragile supply chain in China, and in the short term, it will also help restore domestic normal production.
Wang Jun believes that China relaxes the entry policy on January 8th, which is believed to be to release the long -suppressed entry -exit tourism demand at home and abroad during the Spring Festival.
But China still faces the Spring Festival holiday at the beginning of next year and the peak of the epidemic in many places. It is expected that after one or two quarters, the more loose epidemic prevention policy will appear to the economy.
Xie Dongming, director of the Research Director of the Greater China of the Overseas Chinese Bank of Singapore, said that when the peak of the epidemic is spent, and whether China has a more dangerous new variant strain is the main factor affecting investor confidence.The open border is a double -edged sword. While regaining investors 'confidence, China must also use the protection of disadvantaged groups and ensuring that the resources of all aspects are not crowded as the top priority, otherwise it may affect investors' confidence in the official ruling ability.
