China continues to attract investment from MNCs
1 year, 4 months ago

China continues to attract investment from MNCs

China Daily  

During the seventh Liangma Silk Road International Forum held in Beijing on July 27, Mark Harrison, a partner at KPMG in China, highlighted the unwavering commitment of multinational corporations to the Chinese market. The event, hosted by the China International Youth Exchange Center and co-organized by KPMG, brought together over 50 representatives from various sectors to discuss "New Paths for Enterprise Transformation and Upgrading." Contrary to prevailing sentiments of "derisking" or decoupling from China, Harrison emphasized that MNCs are taking a cautious yet committed approach towards the world's largest consumer market. To strengthen their foothold in the Chinese market, MNCs are adopting significant strategies such as "China for China, China for Global" localization and joint ventures.

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History of this topic

Global firms mark up expectations of China
3 weeks, 1 day ago

Global firms mark up expectations of China

China Daily  

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

Global firms mark up expectations of China
3 weeks, 1 day ago

Global firms mark up expectations of China

China Daily  

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

Global firms mark up expectations of China
3 weeks, 1 day ago

Global firms mark up expectations of China

China Daily  

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

China pivotal to MNCs' global biz strategy
Trending News
1 month ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. "As China's manufacturing sector undergoes transformation and upgrading, high-end manufacturing has become a key area for attracting foreign investment," Ji said. Apart from showcasing the latest products and technology solutions at its 600-square-meter booth, …

China pivotal to MNCs' global biz strategy
Trending News
1 month ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors experience lens products from German optical systems company ZEISS Group at its booth during the seventh CIIE in Shanghai on Nov 9. Highlighting that this grand event has established itself as a premier venue for global product debuts for seven years, Arnold Li, senior vice-president of Ingersoll Rand Inc, a US industrial goods manufacturer and seven-time participant at the …

China pivotal to MNCs' global biz strategy
Trending News
1 month ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. TANG KE/FOR CHINA DAILY Three or four decades ago, multinational corporations used to take a simple approach while conducting their businesses in China. A large number of global companies have leaned heavily on the …

China pivotal to MNCs' global biz strategy
Trending News
1 month ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. TANG KE/FOR CHINA DAILY Three or four decades ago, multinational corporations used to take a simple approach while conducting their businesses in China. A large number of global companies have leaned heavily on the …

MNCs praise opening-up at Xiamen trade fair
3 months, 2 weeks ago

MNCs praise opening-up at Xiamen trade fair

China Daily  

Visitors check out products during the 24th China International Fair for Investment and Trade in Xiamen, Fujian province. Jeffrey Perlman, CEO of US private equity firm Warburg Pincus, said China has become the world's second-largest economy with a proven long-term track record of consistent growth supported by domestic policy. "China's efforts to continuously expand its opening-up and optimize its business …

MNCs praise opening-up at Xiamen trade fair
3 months, 2 weeks ago

MNCs praise opening-up at Xiamen trade fair

China Daily  

Visitors check out products during the 24th China International Fair for Investment and Trade in Xiamen, Fujian province. Jeffrey Perlman, CEO of US private equity firm Warburg Pincus, said China has become the world's second-largest economy with a proven long-term track record of consistent growth supported by domestic policy. "China's efforts to continuously expand its opening-up and optimize its business …

MNCs take 'center stage' for 'concert'ed development in Shandong
3 months, 2 weeks ago

MNCs take 'center stage' for 'concert'ed development in Shandong

China Daily  

The fifth Qingdao Multinationals Summit took place in Qingdao, Shandong province, from Aug 27 to 29, underscoring China's commitment to advancing its high-level opening-up. Themed "Multinationals and China", the summit attracted leaders from 451 multinational companies across 37 countries and regions. During the summit, 163 investment and trade agreements were confirmed, comprising 121 investment projects totaling $12.9 billion and 42 …

MNCs take 'center stage' for 'concert'ed development in Shandong
3 months, 2 weeks ago

MNCs take 'center stage' for 'concert'ed development in Shandong

China Daily  

The fifth Qingdao Multinationals Summit took place in Qingdao, Shandong province, from Aug 27 to 29, underscoring China's commitment to advancing its high-level opening-up. Themed "Multinationals and China", the summit attracted leaders from 451 multinational companies across 37 countries and regions. During the summit, 163 investment and trade agreements were confirmed, comprising 121 investment projects totaling $12.9 billion and 42 …

MNCs take 'center stage' for 'concert'ed development in Shandong
3 months, 2 weeks ago

MNCs take 'center stage' for 'concert'ed development in Shandong

China Daily  

The fifth Qingdao Multinationals Summit took place in Qingdao, Shandong province, from Aug 27 to 29, underscoring China's commitment to advancing its high-level opening-up. Themed "Multinationals and China", the summit attracted leaders from 451 multinational companies across 37 countries and regions. During the summit, 163 investment and trade agreements were confirmed, comprising 121 investment projects totaling $12.9 billion and 42 …

MNCs take 'center stage' for 'concert'ed development in Shandong
3 months, 2 weeks ago

MNCs take 'center stage' for 'concert'ed development in Shandong

China Daily  

The fifth Qingdao Multinationals Summit took place in Qingdao, Shandong province, from Aug 27 to 29, underscoring China's commitment to advancing its high-level opening-up. Themed "Multinationals and China", the summit attracted leaders from 451 multinational companies across 37 countries and regions. During the summit, 163 investment and trade agreements were confirmed, comprising 121 investment projects totaling $12.9 billion and 42 …

MNCs delve deeper into local market amid country's opening-up commitment
8 months, 3 weeks ago

MNCs delve deeper into local market amid country's opening-up commitment

China Daily  

An employee operates equipment at a battery assembly workshop of Panasonic Energy Co Ltd in Wuxi, Jiangsu province, in July 2022. BEIJING — Foreign firms continue to view China as a favored investment destination, driven by the country's steadfast commitment to opening-up and innovation, said foreign firm executives at the Invest in China Summit 2024 in Beijing in March. Attendees …

Symbiotic ties between China, foreign companies growing
8 months, 4 weeks ago

Symbiotic ties between China, foreign companies growing

China Daily  

Premier Li Qiang shakes hands on Sunday with Apple CEO Tim Cook after the opening ceremony of the China Development Forum 2024 in Beijing. FENG YONGBIN / CHINA DAILY The China Development Forum, held on Sunday and Monday in Beijing, was attended by the CEOs of more than 80 foreign companies from a large variety of industries, such as financial …

MNCs plug into China recovery theme
1 year, 9 months ago

MNCs plug into China recovery theme

China Daily  

The Dongsi Corridor of Guangzhou Baiyun International Airport is under construction in Guangdong province on Feb 23. Seeing the huge growth potential in China's ultra-large domestic market, Corning's Liu said he believes the China market will continue to serve as a major growth engine for the company's future development. "China's economy is expected to grow by 5.7 percent this year, …

Why China is a fertile investment ground for MNCs
2 years, 1 month ago

Why China is a fertile investment ground for MNCs

China Daily  

By Zhong Nan | China Daily| Updated :2022-11-23 Visitors check out Bayer products during the fifth CIIE in Shanghai on Nov 6. From the perspective of overall consumption power, China's long-term rapid economic growth has created a new middle-income group with strong purchasing power, while new technologies have developed rapidly in the background. Another point they might ponder in the …

Two cities play crucial role in opening-up
2 years, 5 months ago

Two cities play crucial role in opening-up

China Daily  

Workers construct the Qianhai Integrated Transportation Hub in Shenzhen, Guangdong province, last year. "Reducing tariffs and transaction costs for doing business can help Thai companies, especially smaller ones, increase their opportunities in China, making Chinese consumers more aware of Thailand's strengths as a 'world kitchen'." He also expressed optimism for the Chinese market's prospects, adding that it could grow even …

MNCs expand presence in Shandong
2 years, 5 months ago

MNCs expand presence in Shandong

China Daily  

People visit the Exhibition on Multinationals and China in Qingdao, East China's Shandong province, on June 19, 2022. With the breakthrough of transforming old growth drivers into new ones in Shandong, the province plays an increasingly important role in the Chinese layout of multinational companies by steadily expanding cooperation areas, local media reported. The food industrial park will draw additional …

Innovation drives MNCs in nation
2 years, 5 months ago

Innovation drives MNCs in nation

China Daily  

Tesla Inc loads electric cars for shipment from Shanghai on May 11. Foreign firms swear by local market on reforms, opening-up, nimble COVID measures There was a time, not too long ago, when all that multinational corporations had to do to succeed in China was employ a simple, time-tested formula: Bring in bestselling products, popularize them, make profits, build local …

Global MNCs stay bullish on China
4 years, 3 months ago

Global MNCs stay bullish on China

China Daily  

A photo shows a night view of the CBD area in downtown Beijing, capital of China. Global multinational companies in the Fortune Global 500 rankings remain upbeat on China and are setting up new projects and increasing investment in existing facilities despite the hazy global economic outlook due to COVID-19 epidemic headwinds and rising trade friction, experts said. Despite the …

Nation to boost consumption, investment
4 years, 4 months ago

Nation to boost consumption, investment

China Daily  

Cui Fan, a professor of international trade at the University of International Business and Economics in Beijing, said, "China is working to give full play to its domestic market, the largest in the world, and building a new model of development in which domestic economic networks play the primary role, and domestic and international economic networks complement each other." Huge …

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