Report on the Development of Foreign Investments in the Tumen River Region of China

Abstract

New opportunities are created for cooperation on foreign investments in the Tumen River Region as the United States of America has withdrawn from the TPP, the RMB has been included in the SDR basket and the Belt and Road strategy has been deepened, but the region faces the challenges of geopolitical instability, the weakness of its own economic strength and inability to occupy a favorable position in the competition for foreign investment. Moreover, the region has weak economic strength, an unreasonable structure of the distribution of foreign capital, concentrated sources of foreign investment, and relative singleness of investment modes and investment fields. Accordingly, building strong economic strength and hard power such as infrastructures becomes a key step in attracting foreign investment, and creating a good environment of laws and regulations, policies, and finance is the basic premise for promoting foreign investment in the region. By continuously optimizing the investment structure and establishing the Tumen River Free Trade Zone, new ways are being opened up for China’s Tumen River Region to attract foreign investment, and ultimately provide new impetus for the economic development of the Tumen River Region of China.