First, the return of foreign capital. Recently, Morgan Stanley and Goldman Sachs have voiced their optimism about the return of global funds to the Chinese stock market, and China will regain its share of the global portfolio lost by major asset management institutions. At the same time, in January this year, 4,588 foreign-invested enterprises were newly established across the country, an increase of 74.4% year-on-year. Over time, French and Swedish investment in China increased 25 times and 11 times year-on-year last year. Such results undoubtedly hit the face of those foreign media who previously sang bad, the Chinese market is still the “sweet cake” pursued by global capital.

Second, foreign trade reflux. In the first February of this year, the import and export data of China’s trade in goods set a record high in the same period, achieving a good start in foreign trade. Specifically, the total value was 6.61 trillion yuan, and the export was 3.75 trillion yuan, an increase of 8.7% and 10.3% respectively. Behind this good data is the gradual improvement of the competitiveness of products made by Chinese enterprises in the international market. A very grounded case, the domestic “three bungee” in the streets of the United States fire, directly let the tricycle orders increased by 20%-30%. In addition, China exported 631.847 million household appliances, an increase of 38.6%; Automobile exports were 822,000 units, an increase of 30.5%, and various orders recovered steadily.

Third, confidence flows back. This year, many people do not like to travel abroad, but the crowds in Harbin, Fujian, Chongqing and other domestic cities are full. This led foreign media to call “without Chinese tourists, the global tourism industry has lost $129 billion.” People don’t go out to play, because they no longer blindly believe in Western culture, and become more fond of the cultural heritage of Chinese scenic spots. The popularity of Guocao clothing on platforms such as Tiktok Vipshop also illustrates this trend. Only on Vipshop, the first two months of the national style clothing ushered in a boom, of which the sales of new Chinese women’s clothing increased by nearly 2 times. Last year, the US media warned that Chinese consumers were using “national fashion and domestic products to emphasize their cultural identity”. Now, the predictions of the US media have begun to come true, which will also drive more consumption back.

At present, global competition is intensifying, and countries are increasing the attraction of foreign investment, and hope that their products can get more markets. We were able to usher in three major backflows in the first two months, undoubtedly achieving a good start. Consumers around the world are discovering that China is the top tier. Many foreign companies also understand that to embrace China is to embrace certainty growth!