Although the global economic recovery has been slow, and the deep-seated contradictions of the international financial crisis have not yet been eliminated, there have been some positive phenomena in the recent international economic situation, which has promoted the increasing activity of global transnational direct investment. From the perspective of the domestic environment, the expectation of a better economy will help China's absorption of foreign investment to maintain a stable trend this year, and it is difficult to make a big ups and downs. The Ministry of Commerce recently issued the "Guiding Opinions on the National Absorption of Foreign Investment in 2013" (hereinafter referred to as "Guiding Opinions"), pointing out that overall, China's comprehensive advantages in attracting foreign investment are increasing, and multinational companies are still optimistic about the long-term investment prospects in China. Analysts said that although China's current use of foreign capital has rebounded, in the long run, the probability of China's use of foreign capital rebounded sharply is not large. The report issued by Xiangcai Securities believes that low or even negative growth in foreign investment is normal. From the trend point of view, due to the slowdown of China's economic growth, the reduction of preferential policies for attracting local investment, and the sharp rise in labor costs, from 2012 onwards, China's foreign investment growth rate has shown a low or even negative growth trend. The research report issued by Shenyin Wanguo [microblogging] is also cautious. It is believed that from the data of the first two months of this year, China’s absorption of foreign investment has shown a steady trend, but it remains to be seen whether the situation of foreign investment in the whole year will continue to improve. From the perspective of the international environment, China's attracting foreign investment this year faces new opportunities and challenges. In the context of the weak global economic recovery, developed countries have adopted large-scale and strong economic stimulus measures. The “re-industrialization” trend has diverted some of the investment of multinational corporations; some emerging economies have implemented cheaper labor and land costs and implemented Measures such as tax reduction and opening up have been vigorously promoted to attract industries with cost advantages. The changes in the external environment have led to more intense competition for attracting foreign investment in China. Analysts believe that global cross-border direct investment is expected to rebound overall, and the degree of internationalization of multinational corporations will continue to increase. There may be a new wave of cross-border investment growth in the future, which provides new opportunities for China to attract foreign investment. China's traditional advantages in attracting foreign investment have been challenged. In the face of opportunities, China must further enhance the comprehensive advantages of using foreign capital and strive to expand the scale of China's use of foreign capital. After the financial crisis, multinational companies have increased their investment in new technologies, new energy, and new materials. Although China's traditional low-cost advantages are weakening, compared with emerging economies with similar low-cost advantages, China's labor quality is better. High, complete supporting facilities, continuous improvement of the modern market system, new comprehensive advantages are conducive to China's absorption of high value-added, high-tech foreign investment. China should be good at using comprehensive advantages and actively expand diversified markets. While paying attention to the scale of China's use of foreign capital, we should pay more attention to how to improve the quality of foreign capital utilization, and play the role of “one or two funds” to promote the adjustment of China's industrial structure and economic structure. Different from the situation of China's extensive "invitation and investment attraction" in the early stage of reform and opening up, the purpose and task of utilizing foreign capital in China have undergone substantial changes, and the combination of attracting capital, attracting technology and attracting intelligence has become the direction. China's absorption of foreign capital is not only due to the expansion of its scale, but also to the overall layout of China's national economy, regional development priorities, and industrial development advantages. The "Guidance Opinions" clearly stated that it is necessary to actively and steadily guide foreign investment and optimize the industrial structure. In combination with the global industrial development trend and China's optimization of industrial structure goals, foreign investment is further encouraged to invest in modern agriculture, high-tech, advanced manufacturing, energy conservation and environmental protection, new energy, modern service industries and other fields. Analysts said that in the period of global industrial chain transfer, China should fully grasp this historical opportunity and make full use of all available funds, including attracting foreign investment to promote the development of China's strategic emerging industries and seize the strategic commanding heights. In order to realize the organic combination of attracting investment, attracting technology and attracting wisdom, China also actively encourages foreign capital to participate in China's innovation-driven development strategy and supports foreign-invested enterprises to enhance their innovation capabilities. In combination with the national innovation-driven strategy, China will further improve the development policy of foreign-invested R&D centers and the identification of high-tech enterprises, and promote the introduction of advanced technology and high-end talents by foreign-invested enterprises. At the same time, it supports foreign-invested enterprises to jointly carry out technology research and development and industrialization promotion with domestic scientific research institutions and enterprises, and apply for national science and technology development projects and innovative capacity building projects. China's regional economic development level and natural endowment are different, making the level of foreign investment in China's eastern, central and western regions unbalanced. At present, the developed eastern region accounts for more than 80% of foreign investment. In order to promote regional coordinated development, China must also guide foreign capital to flow into regional development key areas. Analysts said that China is facing a trend of shifting the industrial chain from the east to the central and western regions. To this end, it is necessary to simplify the transfer registration procedures for foreign-invested enterprises in the eastern region to the central and western regions, reduce barriers to foreign investment in cross-regional flows, and promote industrial transfer. At the same time, the central and western regions should focus on sustainable development while attracting foreign investment, and encourage foreign investors to invest in labor-intensive industries that meet environmental protection requirements in the central and western regions, and realize the organic integration of development and environment. It should be emphasized that under the changing domestic and international economic situation, the steady growth of China's absorption of foreign investment and the improvement of the quality of foreign investment require us to further change the concept of attracting investment, and combine the advantages and characteristics of regional development to promote the system from extensive to systematic. The transformation of professional and professional investment. From the institutional level, we must further improve various laws and regulations and focus on improving China's domestic investment environment. At the same time, study international investment rules, common practices and experiences, and enhance the international competitiveness of China's foreign investment.