Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Q5 The plenary session has stressed that reform tasks laid out at the meeting shall be completed by the time the People's Republic of China celebrates its 80th anniversary in 2029. We have a firm belief in the market potential and future development of China and are encouraged by the country's shift toward a high-quality and sustainable growth model. Zheng: Looking ahead to the next five years, we anticipate that the new reform and opening-up measures will significantly transform China's economy by fostering an environment that is more conducive to innovation, collaboration and high-quality development. China's status as a major economic and scientific innovation powerhouse positions it to reap significant benefits from emerging life science technologies like genetic sequencing.

China  transformation  innovation  market  foreign  growth  reform  second  firms  transform  openingup  china  progress  economy  enthusiastic  chinas

History of this topic

Swiss biotech firms hike investment footprint
Trending News
1 month ago

Swiss biotech firms hike investment footprint

China Daily  

By ZHOU LANXU | China Daily | Updated: 2025-02-25 09:10 Rani Jarkas, chairman of Cedrus Group. Swiss biotechnology companies are stepping up expansion and investments in China, eyeing its huge market potential and improved policies to accommodate foreign capital, said executives and industry mavens. Demonstrating the interest of Swiss life sciences companies in exploring opportunities in research and development, market …

Swiss biotech firms hike investment footprint
Trending News
1 month ago

Swiss biotech firms hike investment footprint

China Daily  

Rani Jarkas, chairman of Cedrus Group. Swiss biotechnology companies are stepping up expansion and investments in China, eyeing its huge market potential and improved policies to accommodate foreign capital, said executives and industry mavens. Demonstrating the interest of Swiss life sciences companies in exploring opportunities in research and development, market expansion and production in China, the exchange saw the signing …

Chinese Investment Slump Prompts New Effort to Woo Foreign Firms
1 month, 1 week ago

Chinese Investment Slump Prompts New Effort to Woo Foreign Firms

Live Mint  

-- China is renewing its efforts to attract foreign businesses, pledging more engagement and unveiling an action plan to ease restrictions after inbound investment tumbled last year to its lowest in over three decades. The plan released by the Commerce Ministry on Wednesday is looking to stabilize foreign investment by vowing to remove all market access restrictions in the manufacturing …

Efforts in opening-up, innovation to inject impetus into business
2 months, 4 weeks ago

Efforts in opening-up, innovation to inject impetus into business

China Daily  

CHINA DAILY China's resilient economic growth, coupled with its optimized foreign trade structure and an evolving business environment for multinational corporations, will stimulate dynamic business flows both for its own advancement and across global markets in 2025, said economists and corporate executives. Ji Mo, chief China economist of DBS Group Research, said the government's robust policy measures introduced since September …

Efforts in opening-up, innovation to inject impetus into business
2 months, 4 weeks ago

Efforts in opening-up, innovation to inject impetus into business

China Daily  

CHINA DAILY China's resilient economic growth, coupled with its optimized foreign trade structure and an evolving business environment for multinational corporations, will stimulate dynamic business flows both for its own advancement and across global markets in 2025, said economists and corporate executives. Ji Mo, chief China economist of DBS Group Research, said the government's robust policy measures introduced since September …

Tech opening-up key to Chinese modernization
3 months 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 …

Tech opening-up key to Chinese modernization
3 months 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 …

Door opened wider for foreign-invested businesses
4 months ago

Door opened wider for foreign-invested businesses

China Daily  

By ZHONG NAN| China Daily| Updated :2024-11-28 When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China …

Door opened wider for foreign-invested businesses
4 months ago

Door opened wider for foreign-invested businesses

China Daily  

When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their innovation efforts," Ye said, …

Door opened wider for foreign-invested businesses
4 months ago

Door opened wider for foreign-invested businesses

China Daily  

WANG YANGYANG/FOR CHINA DAILY When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their …

Door opened wider for foreign-invested businesses
4 months ago

Door opened wider for foreign-invested businesses

China Daily  

When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their innovation efforts," Ye said, …

Door opened wider for foreign-invested businesses
4 months ago

Door opened wider for foreign-invested businesses

China Daily  

WANG YANGYANG/FOR CHINA DAILY When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their …

Opening-up brings opportunities for foreign enterprises and talents
4 months, 3 weeks ago

Opening-up brings opportunities for foreign enterprises and talents

China Daily  

This photo taken on Nov 4, 2024 shows the National Exhibition and Convention Center, the main venue for the 7th China International Import Expo which will be held from Nov 5 to 10, in East China's Shanghai. They said China's further efforts to deepen reform, expand opening-up, and promote high-quality development will bring more development opportunities to all enterprises, including …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Left: Jens Hildebrandt, Vice-president of government relations at BASF Greater China. Editor's Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, their operations in China and their business plans for 2024 and beyond, in the wake of the momentous resolution adopted at the third plenary session of the 20th Communist Party of China …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Left: Jens Hildebrandt, Vice-president of government relations at BASF Greater China. Editor's Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, their operations in China and their business plans for 2024 and beyond, in the wake of the momentous resolution adopted at the third plenary session of the 20th Communist Party of China …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Left: Jens Hildebrandt, Vice-president of government relations at BASF Greater China. Editor's Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, their operations in China and their business plans for 2024 and beyond, in the wake of the momentous resolution adopted at the third plenary session of the 20th Communist Party of China …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Q5 The plenary session has stressed that reform tasks laid out at the meeting shall be completed by the time the People's Republic of China celebrates its 80th anniversary in 2029. We have a firm belief in the market potential and future development of China and are encouraged by the country's shift toward a high-quality and sustainable growth model. Zheng: …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Q4 While China is expanding opening-up, some are concerned that geopolitical tensions, rising protectionism and global supply chain adjustments may weaken China's attractiveness to foreign companies. Our investments in China are in line with BASF's strategy of producing where our customers are and where there is market growth. Zheng: Illumina continues to see China as a crucial part of our …

Foreign firms enthusiastic about opening-up progress
6 months, 2 weeks ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Q2 In your view, how will the reform and opening-up measures rolled out at the plenum help strengthen the Chinese economy and bolster its prospects of achieving modernization? In the chemical sector, the Chinese market stands as a crucial growth engine, accounting for half of the global chemical production and showing continued growth momentum. The new quality productive forces, with …

Execs sanguine on H2 business climate in China
7 months, 2 weeks ago

Execs sanguine on H2 business climate in China

China Daily  

Q5: The plenary session has stressed that reform tasks laid out at the meeting shall be completed by the time the People's Republic of China celebrates its 80th anniversary in 2029. Therefore, we have continuously increased our investment in China over the past two years, including $700 million to build a manufacturing and supply site in Qingdao, Shandong province, an …

Execs sanguine on H2 business climate in China
7 months, 2 weeks ago

Execs sanguine on H2 business climate in China

China Daily  

Q2: In your view, how will the reform and opening-up measures rolled out at the plenum help strengthen the Chinese economy and bolster its prospects of achieving modernization? We will firmly establish our presence in China, promote the high-quality development of the Chinese biopharmaceutical industry, and further inject momentum into the development of the global economy. China's comprehensive advantages for …

Execs sanguine on H2 business climate in China
7 months, 2 weeks ago

Execs sanguine on H2 business climate in China

China Daily  

Q1: The third plenary session of the 20th Communist Party of China Central Committee in mid-July has rolled out the reform and opening-up roadmap for the Chinese economy in the coming years. LI: China's economy is transitioning from high-speed development to high-quality development, and the third plenary session of the 20th Communist Party of China Central Committee said China will …

New quality productive forces to rejuvenate market
7 months, 2 weeks ago

New quality productive forces to rejuvenate market

China Daily  

Q5 The plenary session has stressed that reform tasks laid out at the meeting shall be completed by the time the People's Republic of China celebrates its 80th anniversary in 2029. How do you expect the new reform and opening-up measures to transform the Chinese economy in the coming five years? MADARANG: The plenum's reform measures are expected to significantly …

New quality productive forces to rejuvenate market
7 months, 2 weeks ago

New quality productive forces to rejuvenate market

China Daily  

Q5 The plenary session has stressed that reform tasks laid out at the meeting shall be completed by the time the People's Republic of China celebrates its 80th anniversary in 2029. How do you expect the new reform and opening-up measures to transform the Chinese economy in the coming five years? MADARANG: The plenum's reform measures are expected to significantly …

Nation's opening to further intensify
8 months, 1 week ago

Nation's opening to further intensify

China Daily  

A foreign tourist takes pictures of a child wearing traditional Chinese apparel in Changsha, Hunan province, on May 14. "We will turn China's vast market into a major opportunity for the world," he said, adding that Beijing will continue to make life more convenient for foreign travelers in terms of accommodation, medical services and payments. Mu Hong, deputy director of …

Nation vows to further deepen opening-up
9 months 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, …

Nation vows to further deepen opening-up
9 months 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 …

Reform and opening-up indispensable in pursuit of high-quality development
11 months, 4 weeks ago

Reform and opening-up indispensable in pursuit of high-quality development

China Daily  

A view of Shanghai's Lujiazui area in July 2021. Facing the unfavorable factors restricting high-quality development, and the bottlenecks and obstacles hindering economic recovery, the nation must further deepen reform and form a new type of production relations that are compatible with the development of new quality productive forces. Although economic globalization is currently encountering setbacks, with "decoupling" and "de-risking" …

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

MNC chemical firms eye more investments
1 year ago

MNC chemical firms eye more investments

China Daily  

An AkzoNobel booth at the Shanghai International City and Architecture Expo, on Oct 31, 2023. Multinational chemical manufacturers are looking at further opportunities to invest in China, business executives and experts said, as the country's commitment to build a modern industrial system and accelerate the development of new quality productive forces inject fresh impetus into its high-quality economic development. "We …

Endowed with confidence
1 year ago

Endowed with confidence

China Daily  

WANG XIAOYING/CHINA DAILY China should enhance its appeal to foreign investment by establishing a law-based and internationalized business environment Utilizing foreign investment is a key aspect of China's opening-up drive. To build a first-class business environment, it is necessary for China to ensure fair competition and access to infrastructure and various production factors needed by foreign-invested enterprises, and fully unleash …

High-quality development remains top priority for country in new era: China Daily editorial
1 year 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 pledges to increase opportunities for foreign companies as it seeks to boost its economy
1 year 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 {{ …

Foreign execs' view on China's economy: 2023 onward
1 year, 3 months ago

Foreign execs' view on China's economy: 2023 onward

China Daily  

Editor's note: The Chinese economy has maintained growth and resilience in 2023, as the country expands high-level opening-up and emphasizes high-quality development. How do multinational executives evaluate the performance of their companies, their industries, as well as China's business environment? Q2: What's your evaluation and expectations on China's business environment as well as a higher level of opening-up? This, coupled …

Foreign execs' view on China's economy: 2023 onward
1 year, 3 months ago

Foreign execs' view on China's economy: 2023 onward

China Daily  

Editor's note: The Chinese economy has maintained growth and resilience in 2023, as the country expands high-level opening-up and emphasizes high-quality development. How do multinational executives evaluate the performance of their companies, their industries, as well as China's business environment? Q2: What's your evaluation and expectations on China's business environment as well as a higher level of opening-up? This, coupled …

Chinese market still cherished by foreign firms
1 year, 4 months ago

Chinese market still cherished by foreign firms

China Daily  

Visitors sample bread at the booth of Lesaffre at the sixth China International Import Expo in Shanghai. McKinsey Global Institute estimates that in 2020, 55 Chinese cities could be classified as high-income cities, covering 27 percent of China's population. The International Monetary Fund has raised its forecast for China's gross domestic product growth rate this year to 5.4 percent. Goldman …

China Focus: Northeast China explores high-quality development with fresh revitalization efforts
1 year, 6 months ago

China Focus: Northeast China explores high-quality development with fresh revitalization efforts

China Daily  

CHANGCHUN -- Walking into a factory operated by Hongxiang Seed Industry in Northeast China's Jilin province, one finds a busy scene set to the loud music of the machines roasting, threshing and screening corns to produce seeds. The economic growth of northeast China between January and June this year was the result of the upgrading of traditional manufacturing and the …

Green foreign trade to fuel innovation-led expansion
1 year, 7 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, …

China's economy gaining momentum, top regulator says
2 years ago

China's economy gaining momentum, top regulator says

China Daily  

A view of Beijing's CBD area on Aug 19, 2022. China's economy is stabilizing and gaining momentum amid a steady recovery this year, and the country has the confidence and capabilities to foster high-quality development, according to the country's top economic regulator. He said the country will also make a big push to boost the spending power, actively expand effective …

Economic rebound prompts investment, new goals for foreign multinationals
2 years ago

Economic rebound prompts investment, new goals for foreign multinationals

China Daily  

Bayer displays its foodsafety-related products at the third CIIE in 2020. "China is one of the fastest-growing countries with record-breaking financial results and it remains a focus market for future growth," Frank Heinricht, Schott's CEO, said. Denis Depoux, global managing director of consultancy Roland Berger, said that with the optimized COVID-19 containment measures, the winter of 2022-23 has to a …

Economic rebound prompts investment, new goals for foreign multinationals
2 years ago

Economic rebound prompts investment, new goals for foreign multinationals

China Daily  

A hair show is held at the Shanghai Stadium by L'Oreal Paris Pro on March 2. China's steady economic rebound, encouraging signals and efficient policies introduced during the two sessions are boosting confidence among multinational companies operating in the country. Eager to turn those prospects into reality, foreign companies are ramping up investment, expanding their business lines and chalking up …

Foreign execs bullish on 2023 business climate
2 years ago

Foreign execs bullish on 2023 business climate

China Daily  

From left to right: Eddy Chan, senior vice-president of FedEx Express and president of FedEx China; Liu Jie, president of Carestream Health Inc China; Ye Fei, president and CEO of Michelin China; Willie Tan, CEO of Skechers China, South Korea and Southeast Asia; Xu Yang, president of Danfoss China. Editor's Note: China Daily is publishing interviews with senior executives of …

Executives share expectations for 2023 market
2 years, 1 month ago

Executives share expectations for 2023 market

China Daily  

Jan Craps, CEO and co-chair of Budweiser APAC;Wu Dongming, CEO of DHL Express China; Bijoy Mohan, executive officer and executive vice-president of LIXIL Corp; Hiroshi Hamaguchi, chairman and president of Astellas China; Wan Shiping, general manager of Aveva China. Editor's Note: China Daily is publishing interviews with senior executives of major foreign enterprises to gauge their outlook for the Chinese …

Pharmaceutical companies grab Chinese market opportunities
2 years, 1 month ago

Pharmaceutical companies grab Chinese market opportunities

China Daily  

Visitors gather at Danish pharmaceutical company Novo Nordisk's booth during the fifth China International Import Expo in Shanghai in November. MNCs share confidence to invest, expand with nation's high-standard opening-up As the first multinational healthcare company to settle in the Lingang Special Area of the China Pilot Free Trade Zone, Danish pharmaceutical company Novo Nordisk announced at the end of …

Global firms upbeat on China's opening-up pledge
2 years, 4 months ago

Global firms upbeat on China's opening-up pledge

China Daily  

A staff member works at a workshop of Flender Ltd China, in North China's Tianjin, July 29, 2022. "China's pursuit of high-standard opening-up will inject more impetus to the global economic recovery and reinforce our confidence in expanding footprints here," Wang said. Along with unremitting opening-up efforts, an improving business environment, stable supply chains, and a bright market growth outlook …

Nation set to advance high-level opening-up
2 years, 5 months ago

Nation set to advance high-level opening-up

China Daily  

China will release the sixth list of major foreign investment projects and further expand the 2022 industry catalog of sectors encouraging foreign investment as part of its latest efforts to advance high-level opening-up, a senior government official said on Monday. The moves are part of China's broader efforts to further unleash the potential of foreign investment while upholding true multilateralism …

China vows to open its door wider to world
2 years, 9 months ago

China vows to open its door wider to world

China Daily  

Efforts to propel high-quality growth underpin commitment, experts say China's latest commitment to expanding high-level opening-up is expected to reassure foreign investors of the nation's promise to relentlessly open its door wider and share development dividends with the rest of the world despite the rising tide of protectionism in some countries. In a virtual keynote speech to the opening ceremony …

Bolder reforms to strengthen nation's market
3 years ago

Bolder reforms to strengthen nation's market

China Daily  

Cargos are unloaded from a container ship at the container terminal of the Lianyungang Port in East China's Jiangsu province, on Jan 14, 2021. Execs, analysts, economists expect steps will benefit local and foreign biz China is poised to take bolder steps to accelerate building a strong and highly efficient domestic market, analysts and business executives said. "Strong leadership of …

China's improving business environment widely recognized: spokesperson
3 years, 2 months ago

China's improving business environment widely recognized: spokesperson

China Daily  

People visit the 4th China International Import Expo in Shanghai on Nov 5, 2021. BEIJING -- China's efforts to expand opening-up and improve the business environment have yielded positive results and won widespread recognition from foreign enterprises, a Foreign Ministry spokesperson said on Monday. Noting that the global economic recovery faces challenges amid the COVID-19 pandemic, Zhao said that China …

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