编者按：2012年8月16日，我院朱宁副院长做客中央电视台英语新闻频道《China 24》节目，为观众解读7月FDI数据下降 背后的原因及影响。

Host:
We are joined in the studio by Professor Zhu Ning, Deputy Director of Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University. Thanks for joining us for Professor Zhu. It seems that there is a flght of foreign capital away from this country. What do you make up the data why is that happening?

Professor Zhu:
I think the trend has been starting in the past two years and the current month results are not that surprising, especially given that the global situation is not improving. And also I think foreign investors are holding their hands and think about what is going to happen to Chinese economy in the coming 6 to 12 months. So, I think it is not encouraging but it is not too surprising as well.

Host:
It will worsen in the months and years to come, do you think?

Professor Zhu:
I’m afraid the situation will not improve any time soon, just given that the global economy is not improving by much in the next 6 to 12 months. And in China, I think the foreign export is slowing down and domestic consumption apparently has not yet picked up. So, I don’t think there is a lot of encouraging sight at the moment to foreign investors for them to put more money into China in the near future.

Host:
And Professor Zhu, how big a deal this is and what kind of impact it will have on China’s economic growth?

Professor Zhu:
I think money wise or capital wise is not as much of a deal as many people believe it to be. And given that abundance of capital flowing in China right now and given that the size of China’s economy and the FDI is not as important as used to be. However, I want to point out, what is more important here is probably the skills that the management know how they innovate, which will help China’s economy to upgrade its industry and also to change its economic growth model. So, I think that is what Chinese people really need the foreign investors and the foreign companies to bring in China at the moment.

Host:
So, to improve the quality of China’s economic growth.

Professor Zhu:
Exactly.