Harnessing the power of digital technology
5 years, 10 months ago

Harnessing the power of digital technology

China Daily  

Employees work at an Otis manufacturing facility in Guangzhou, Guangdong province, in September 2018. Elevator maker Otis China has increased R&D investment to accelerate the development of innovative products What progress has China made in streamlining government functions to raise efficiency? We have seen China's determination and efforts to raise efficiency in recent years, especially in streamlining administration and delegating powers to optimize the business environment. These significant changes have demonstrated China's commitment to relieve businesses' burdens, ease market access and encourage investment by removing administrative obstacles and create a market of fair competition. How has ongoing supply-side reform changed the nation's economic growth and your company's business in China?

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History of this topic

Tech opening-up key to Chinese modernization
2 weeks ago

Tech opening-up key to Chinese modernization

China Daily  

LI MIN/CHINA DAILY Emphasizing that opening-up is a defining feature of Chinese modernization, President Xi Jinping has said that Chinese modernization must be supported by scientific and technological modernization. International cooperation in technology enhances China's innovation capabilities, and by expanding technological opening-up and collaboration, it can attract top global talents and institutions, thus facilitating the formation of cross-border research teams …

Corporations aim for more China presence
2 weeks, 4 days ago

Corporations aim for more China presence

China Daily  

Multinational corporations have vowed to deepen cooperation with their Chinese partners and seize the huge opportunities presented by China's sharpened focus on bolstering technological innovation and industrial upgrade, reaffirming their long-term confidence in the world's second-largest economy. Shih said he appreciates China's various measures to boost opening-up, including the deepening of reforms in foreign investment, adding that "the supportive business …

Aveva eyes growth in China's digital transformation
1 month, 1 week ago

Aveva eyes growth in China's digital transformation

China Daily  

Aveva eyes growth in China's digital transformation By FAN FEIFEI China Daily Updated: Nov 29, 2024 Industrial software developer Aveva is looking to grasp the abundant opportunities arising from China's emphasis on industrial upgrading and digital transformation, and deepen its cooperation with Chinese companies by leveraging cutting-edge technologies to improve production efficiency in various fields, said senior executives of the …

CIIE showcases nation's enormous market potential
1 month, 3 weeks ago

CIIE showcases nation's enormous market potential

China Daily  

Anyone wanting to get a better idea of an influential expo that showcases China's high-level opening-up and vast market potential — offering tremendous opportunities for global participants — should visit the China International Import Expo in Shanghai in early November. Many foreign business executives told me that amid unprecedented global changes and a sluggish economic recovery, they view the CIIE …

Foreign direct investment in China optimizes, upgrades
4 months, 1 week ago

Foreign direct investment in China optimizes, upgrades

China Daily  

A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. According to the United Nations Conference on Trade and Development's Global Investment Trends Monitor, excluding higher values in a few European conduit economies, global FDI flows had dropped by 18 percent in 2023, …

China taking steps to expand market access
5 months, 1 week ago

China taking steps to expand market access

China Daily  

Large ships under construction at a shipyard in Rongcheng, Shandong province. LI XINJUN/FOR CHINA DAILY China is taking significant steps to expand market access and encourage foreign investment across a wide range of industries such as finance, manufacturing and services, the Ministry of Commerce said on Friday. China is revising and will publish the regulations for strategic investments by foreign …

Policies set to boost foreign investment
5 months, 2 weeks ago

Policies set to boost foreign investment

China Daily  

China's continuous reform measures and high-level opening-up will inject fresh momentum into its economic growth, creating more opportunities for multinational corporations to invest and thrive in the country, said market observers and business executives on Sunday. They added that China's accelerated cultivation of new quality productive forces, along with its industrial transformation and upgrading, will further facilitate trade and investment …

Country will open door wider as it remains committed to higher standard opening-up: China Daily editorial
5 months, 3 weeks ago

Country will open door wider as it remains committed to higher standard opening-up: China Daily editorial

China Daily  

The Resolution of the Central Committee of the Communist Party of China on Further Deepening Reform Comprehensively to Advance Chinese Modernization approved by the third plenary session of the 20th CPC Central Committee upon its conclusion in Beijing on Thursday sends a clear message that China will not give up eating for fear of choking. As set out in the …

Efforts to draw more foreign investment
5 months, 3 weeks ago

Efforts to draw more foreign investment

China Daily  

chinadaily.com.cn| Updated :2024-07-17 Policies aim to boost confidence as complex global landscape hinders inflow of capital China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector. China's increasing economic growth, large consumer …

Efforts to draw more foreign investment
5 months, 3 weeks ago

Efforts to draw more foreign investment

China Daily  

Policies aim to boost confidence as complex global landscape hinders inflow of capital China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector. China's increasing economic growth, large consumer base and technological …

Efforts to draw more foreign investment
5 months, 3 weeks ago

Efforts to draw more foreign investment

China Daily  

Policies aim to boost confidence as complex global landscape hinders inflow of capital China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector. China's increasing economic growth, large consumer base and technological …

Efforts to draw more foreign investment
5 months, 3 weeks ago

Efforts to draw more foreign investment

China Daily  

JIN DING/CHINA DAILY China is set to intensify its efforts to attract and harness foreign investment, with a specific focus on removing market access restrictions in the manufacturing industry and introducing pilot measures to expand the opening-up of the service sector. China's increasing economic growth, large consumer base and technological advancements are strong incentives for foreign businesses seeking opportunities to …

Nation vows to further deepen opening-up
6 months, 2 weeks ago

Nation vows to further deepen opening-up

China Daily  

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. China will intensify efforts to further attract foreign investment, in order to drive the growth of the world's second-largest economy in the new development paradigm, according to an executive meeting of the State Council, the country's Cabinet, on Wednesday. The meeting, which was chaired by Premier Li Qiang, …

Decoupling result of US' China policy
6 months, 2 weeks ago

Decoupling result of US' China policy

China Daily  

By Yifan Xu in Washington | China Daily | Updated: 2024-06-27 09:51 Capital market decoupling between the United States and China is occurring to some extent, and US restrictions targeting China have played a significant role, experts said. US President Joe Biden signed an executive order last August to establish a foreign investment review mechanism to restrict US entities from …

Nation vows to further deepen opening-up
6 months, 2 weeks ago

Nation vows to further deepen opening-up

China Daily  

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY China will intensify efforts to further attract foreign investment, in order to drive the growth of the world's second-largest economy in the new development paradigm, according to an executive meeting of the State Council, the country's Cabinet, on Wednesday. The meeting, which was chaired …

Nation vows to further deepen opening-up
6 months, 2 weeks ago

Nation vows to further deepen opening-up

China Daily  

By Wang Keju| China Daily| Updated :2024-06-27 An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY China will intensify efforts to further attract foreign investment, in order to drive the growth of the world's second-largest economy in the new development paradigm, according to an executive meeting of the State Council, the country's Cabinet, …

Nation vows to further deepen opening-up
6 months, 2 weeks ago

Nation vows to further deepen opening-up

China Daily  

By Wang Keju| China Daily| Updated :2024-06-27 An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY China will intensify efforts to further attract foreign investment, in order to drive the growth of the world's second-largest economy in the new development paradigm, according to an executive meeting of the State Council, the country's Cabinet, …

'De-Sinicization' by West presents challenges
7 months, 3 weeks ago

'De-Sinicization' by West presents challenges

China Daily  

CAI MENG/CHINA DAILY This year, there will be significant economic and political change globally. China's economy now faces three major challenges: the disruption and long-term negative effects of the COVID-19 pandemic to personnel exchanges and industrial and supply chains; rising geopolitical tensions; as well as competition among major powers that arise while fighting global climate change. In recent years, the …

Improving business environment to attract more foreign investment
8 months, 1 week ago

Improving business environment to attract more foreign investment

China Daily  

A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. The State Council, China's Cabinet, in March issued an action plan aimed at attracting foreign investment by promoting high-level opening-up, which puts forward a practical policy framework for addressing specific problems faced by foreign-funded enterprises in China. The actual use of foreign …

China's investor friendly measures uplift biz climate
9 months, 1 week ago

China's investor friendly measures uplift biz climate

China Daily  

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. BEIJING — China has announced a new set of measures aimed at enhancing the appeal and effective utilization of foreign investment, as part of the country's efforts to harness and share its huge market potential. An action plan comprising 24 specific pro-foreign investment measures was unveiled in …

Top Chinese official says green, high tech development key as nation seeks to spur economy
9 months, 2 weeks ago

Top Chinese official says green, high tech development key as nation seeks to spur economy

Associated Press  

BOAO, China — China is committed to reforms that will upgrade the technological level of its largely manufacturing-based economy and exploit green technologies expected to drive around $1.4 trillion in annual revenues, a senior Communist Party official said Thursday. “We sincerely welcome all countries to board the express train of China’s development and join hands to realize world modernization featuring …

China to improve global economic recovery through its high-quality development
9 months, 2 weeks ago

China to improve global economic recovery through its high-quality development

China Daily  

China's sharpening focus on developing new quality productive forces and promoting high-quality development will inject strong impetus into global economic recovery and growth, and offer immense business opportunities for investors both at home and abroad, according to the country's top economic regulator. Zheng Shanjie, head of the National Development and Reform Commission, said the country will take solid steps to …

High-quality development remains top priority for country in new era: China Daily editorial
10 months ago

High-quality development remains top priority for country in new era: China Daily editorial

China Daily  

Robots seen on the assembly line of automaker FAW Group in Changchun, Jilin province. Abroad, geopolitical headwinds seriously disrupted the country's reach to international markets; at home, the private sector lost steam, the real estate market remained in dire straits, and domestic consumption appeared lackluster. In spite of the pessimism surrounding the state of the Chinese economy and its near-term …

China to ensure national treatment for foreign-funded enterprises
10 months ago

China to ensure national treatment for foreign-funded enterprises

China Daily  

BEIJING -- China will implement measures to ensure the national treatment for foreign-funded enterprises, according to a government work report submitted Tuesday to the national legislature for deliberation. To pursue higher-standard opening up and promote mutual benefits, the country will promote alignment with high-standard international economic and trade rules, and steadily expand institutional opening up, the report said. Work will …

China pledges to increase opportunities for foreign companies as it seeks to boost its economy
10 months, 1 week ago

China pledges to increase opportunities for foreign companies as it seeks to boost its economy

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Nation advances policy mix in efforts to attract FDI
10 months, 1 week ago

Nation advances policy mix in efforts to attract FDI

China Daily  

By WANG KEJU| China Daily| Updated :2024-02-29 A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. China will continue working toward the swift implementation and effectiveness of the policy package aimed at enhancing the investment climate for foreign businesses and attracting more …

Resilient made-in-China aims for higher ground
11 months, 3 weeks ago

Resilient made-in-China aims for higher ground

China Daily  

An employee works on the production line of an auto parts plant in Shenyang, Liaoning province. SHOWING GREAT RESILIENCE Pressurized by some nations' push to decouple and sever supply chains under the pretext of security and impose trade restriction measures in the name of "de-risking," China's manufacturing industry has maintained resilience and made advancement through persistent technological innovation, continuing to …

New system to redress MNCs' grievances
1 year, 3 months ago

New system to redress MNCs' grievances

China Daily  

China will launch a new system at the end of this month for foreign companies to file complaints, grievances and suggestions, so that the government could redress them promptly, thereby helping improve the business climate and attract more foreign investment, said a senior government official on Friday. Speaking ahead of the 2023 Qingdao Multinationals Summit, which will be held in …

Guidelines unveiled to draw more foreign investment
1 year, 4 months ago

Guidelines unveiled to draw more foreign investment

China Daily  

A view of the Lujiazui area in Shanghai. The guidelines, which were part of a policy document released on Sunday by the State Council, China's Cabinet, cover topics such as encouraging foreign investors to undertake major scientific research projects, ensuring equal treatment of foreign and domestic companies and exploring a convenient and secure management mechanism for cross-border data flows. This …

Green foreign trade to fuel innovation-led expansion
1 year, 4 months ago

Green foreign trade to fuel innovation-led expansion

China Daily  

New energy vehicles are produced at the Guangzhou Automobile Group Co factory in Guangzhou, Guangdong province. Officials from the Ministry of Commerce have held roundtable meetings with foreign companies, set up task forces for key foreign-invested projects, and introduced new policy measures to shore up economic growth and push for continuous progress in deepening reforms and expanding opening-up. Guo Tingting, …

Guidelines unveiled to draw more foreign investment
1 year, 4 months ago

Guidelines unveiled to draw more foreign investment

China Daily  

By Zhong Nan and Wang Keju| China Daily| Updated :2023-08-14 A view of the Lujiazui area in Shanghai. The guidelines, which were part of a policy document released on Sunday by the State Council, China's Cabinet, cover topics such as encouraging foreign investors to undertake major scientific research projects, ensuring equal treatment of foreign and domestic companies and exploring a …

Guidelines unveiled to draw more foreign investment
1 year, 4 months ago

Guidelines unveiled to draw more foreign investment

China Daily  

A view of the Lujiazui area in Shanghai. The guidelines, which were part of a policy document released on Sunday by the State Council, China's Cabinet, cover topics such as encouraging foreign investors to undertake major scientific research projects, ensuring equal treatment of foreign and domestic companies and exploring a convenient and secure management mechanism for cross-border data flows. This …

Foreign companies in China face growing scrutiny, pressure
1 year, 8 months ago

Foreign companies in China face growing scrutiny, pressure

Associated Press  

BEIJING — Foreign companies are under growing pressure in China from anti-corruption, national security and other investigations as President Xi Jinping’s government tightens control over business, clashing with efforts to lure back investors after the pandemic. “All companies in China should operate in compliance with law.” Xi, China’s most powerful leader in decades, is in the midst of multiple campaigns …

Greater effort vowed on foreign investment
1 year, 10 months ago

Greater effort vowed on foreign investment

China Daily  

An employee works on the production line of a foreign-funded machinery manufacturer in Suzhou, Jiangsu province. China is a market foreign enterprises must go to, and the country will further strengthen efforts to retain and attract more high-quality foreign investment, Commerce Minister Wang Wentao said on Thursday. Attracting and utilizing more foreign investment will be "a key task" this year, …

Greater effort vowed on foreign investment
1 year, 10 months ago

Greater effort vowed on foreign investment

China Daily  

An employee works on the production line of a foreign-funded machinery manufacturer in Suzhou, Jiangsu province. China is a market foreign enterprises must go to, and the country will further strengthen efforts to retain and attract more high-quality foreign investment, Commerce Minister Wang Wentao said on Thursday. Attracting and utilizing more foreign investment will be "a key task" this year, …

Foreign investors' latest targets in China
1 year, 11 months ago

Foreign investors' latest targets in China

China Daily  

New policies help integrate services, manufacturing to enhance industrial and supply chains Those hurt by COVID-19 disruptions to economic activities may want to call 2022 annus horribilis, but for German company Freudenberg Group that operates in China, last year was a good period. Experts said China's manufacturing sector is expected to become even more attractive to foreign investors, as stronger …

Foreign businesses want out of China. But breaking up may be tougher than ever
2 years, 4 months ago

Foreign businesses want out of China. But breaking up may be tougher than ever

LA Times  

Fabien Gaussorgues, right, chief executive of Agilian Technology, a manufacturer of electronics and other goods in China, says he’s been exploring alternative manufacturing bases as the risks of doing business in China have climbed. “It was not necessarily a strong strategy before but more like, let’s see how it goes,” said Gaussorgues, 51, who founded Agilian, whose parent company is …

New measures give fillip to foreign capital
2 years, 7 months ago

New measures give fillip to foreign capital

China Daily  

Technicians discuss products at a joint venture in Suzhou, Jiangsu province. HUA XUEGEN/FOR CHINA DAILY China will accelerate major foreign investment projects to attract foreign investment-a key point in the stimulus package of 33 measures unveiled by the State Council, China's Cabinet, on Tuesday to stabilize economic growth. Analysts said foreign investors are important contributors to China's economic development, and …

Review and forecast: How execs view industry and China's economy
3 years ago

Review and forecast: How execs view industry and China's economy

China Daily  

Kitty Fok, managing director of IDC China Q1: How do you evaluate your company's performance in China as well as in the global market in 2021? The 14th Five-Year Plan from the Chinese government has given clear direction for the development of China's digital economy and digital transformation. In 2021, China's overall business environment moved in a healthy direction, intellectual …

Foreigners encouraged to invest in more industries
4 years ago

Foreigners encouraged to invest in more industries

China Daily  

By HE WEI in Shanghai and OUYANG SHIJIA in BeijingChina DailyUpdated: January 4, 2021 China is enlarging the scope of investment by foreigners with a revised catalog of industries in which such investment is encouraged, a fresh sign of opening-up and high-quality development resolve. The National Development and Reform Commission and the Ministry of Commerce on Monday released a revised …

Foreigners encouraged to invest in more industries
4 years ago

Foreigners encouraged to invest in more industries

China Daily  

By HE WEI in Shanghai and OUYANG SHIJIA in Beijing| China Daily| Updated :2021-01-04 China is enlarging the scope of investment by foreigners with a revised catalog of industries in which such investment is encouraged, a fresh sign of opening-up and high-quality development resolve. The National Development and Reform Commission and the Ministry of Commerce on Monday released a revised …

Nation to promote digital upgrade
4 years, 6 months ago

Nation to promote digital upgrade

China Daily  

A child interacts with an intelligent robot during the 2019 Smart China Expo in Southwest China's Chongqing municipality, on Aug 27, 2019. China is actively accelerating the integrated development of next-generation information technology and manufacturing, in a bid to further promote digital transformation and foster high-quality development. Experts said the integration of the two sectors will help accelerate the comprehensive …

Opinion | Forget India, Vietnam likely to be the world’s next factory
5 years, 3 months ago

Opinion | Forget India, Vietnam likely to be the world’s next factory

Live Mint  

Vietnam seems to be the consensus pick for winner of the US-China trade war, as Chinese and other manufacturers shift production to the cheaper Southeast Asian nation. Yet the evidence suggests that South Asian countries are lagging behind in attracting manufacturing investment. By contrast, in terms of foreign direct investment as a percentage of GDP, South Asia lags both the …

Building an innovation-powered economy
5 years, 9 months ago

Building an innovation-powered economy

China Daily  

Editor's Note: The Government Work Report released on March 5 has charted a course for China's economic development for this year. By setting fairly robust growth targets, the country is set to be the locomotive pulling the world economy amid global economic headwinds. Q2: China's economic growth moderated to 6.6 percent last year as it shifted its focus to high-quality …

Businesses commit to China's future
5 years, 9 months ago

Businesses commit to China's future

China Daily  

Editor's note: The Government Work Report, delivered on March 5, charted a course for China's economic development for the coming year. The country is on course to enact a foreign investment law to better protect the lawful rights of foreign businesses in China in a concerted manner. China's economic growth moderated to 6.6 percent last year as the focus shifted …

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