China pivotal to MNCs' global biz strategy
China DailyVisitors 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 International Import Expo platform, held annually in Shanghai for seven years now, to showcase their latest products, solutions and services, as well as build connections with new clients in China as well as other countries. Numerous products and technological solutions making their debuts at the CIIE were developed in their research and development centers in China, showing a clear trend in their investment focus within the country in recent years.