World Insights: China's import expo boosts global companies' business expansion

2023-11-05 21:19:15 - 西部网

转自:Xinhua

World Insights: China's import expo boosts global companies' business expansion

ThisphototakenonOct.31,2023showsthestreetviewnearthevenueforthe6thChinaInternationalImportExpo(CIIE)ineastChina'sShanghai.(Xinhua/WangXiang)

The China International Import Expo (CIIE) "practices true multilateralism and builds more open consensus, and thus is particularly valuable for the economic development of today's world," said the executive vice president of Swiss food giant Nestle.

byXinhuawriterMaQian

SHANGHAI,Nov.5(Xinhua)--ForFrenchcosmeticsgiantL'Oreal,anoldfriendoftheannualChinaInternationalImportExpo(CIIE),Chinaisa"newinvestmentlandmark"and"theworld'slaboratoryforinnovation."

Asaparticipantinthemarqueeeventforsixconsecutiveyears,L'OrealrecentlyinvestedinChina'sbiotechstartupShinehighInnovationtoestablishalong-termpartnershipfortheco-developmentofsustainablebeautysolutions.

AsalandmarkstepinChina'spushforbroaderopening-up,theCIIEhasplayedapivotalroleinboostingglobalbusinesses'marketexpansionandinvestmentconfidenceinChina.

Withapresenceof26yearsinChina'smainland,L'Orealisoneofthemultinationalcompaniesthathavedirectlyengagedwiththeworld'sfastest-growingconsumermarketthroughtheCIIE,anddoubleddownontheirinvestmenteffortstoseekalargerfootprintinthecountry.

Meanwhile,China'sgrowthasaglobalhubformanufacturingandresearchanddevelopment(R&D)isalsoattractingmoreforeignenterprisestotapintothecountry'soptimizedbusinessenvironmentfeaturingboominginnovationandstrongindustrialchains.

World Insights: China's import expo boosts global companies' business expansion

ThisphototakenonNov.8,2021showstheboothofL'OrealofFranceatthe4thChinaInternationalImportExpo(CIIE)ineastChina'sShanghai.(Xinhua/MengTao)

INCREASEDPRESENCEWITHMOREINVESTMENT

"Everyyear,theCIIEisabigdiscovery...Wewouldliketowitnessandsupport(the)CIIEtobecomebetterandbetter,tobeabletocooperateandcollaborateonthisplatformwithmoreclients,partners,andauthorities,"saidFabriceMegarbane,presidentofL'OrealNorthAsiaZoneandCEOofL'OrealChina.

Chinaisundeniablytheincubatorforthecompany'snewideasandopeninnovationthankstoitsrobust,dynamicanduniqueinnovationenvironment,saidL'OrealChairmanJean-PaulAgon.

Lastyear,L'OrealfoundeditsfirstinvestmentcompanyinChinaandstartedconstructionforthecompany'sfirstglobalself-builtIntelligentFulfillmentCenterintheeasternChinesecityofSuzhou.ItalsoplanstobuildanotherIntelligentFulfillmentCenterintheeasterncityofNantong.

"WebelievethatinvestinginChinaisinvestinginthefuture,"saidAgon.Withamarketthatisfurtheropenedup,animprovedbusinessenvironmentandpromisingdomesticdemandboostedbyinitiatives,Chinaisofferingtheworldnewopportunities,hesaid.

China'scontinuousholdingoftheCIIEalsoallowscompanieslikeBoschGrouptobetterconnectwithlocalmarketdemandsandgivesthemmoreconfidenceininvestinginthecountry,saidJiangJian,vicepresidentofBoschChina.

Asanexhibitorforthesixthconsecutiveyear,theGermanengineeringandtechnologygiantviewstheCIIEas"aneffectiveinitiativetoencourageconsumptionandexpandopening-up,"headded.Everyyear,Boschbringsconsumersitsglobalpremiereproductscoveringsmartmobilityandhomeappliances.Manyhaveturnedintoin-demandcommoditiesintheChinesemarket.

Currently,BoschiscontinuingwiththeirlayoutincriticalfieldsofsmartmobilityandelectrificationintheChinesemarket."Overthepastdecade,wehaveinvestedacumulativetotalofmorethan50billionRMB(over6.8billionU.S.dollars)inChina,"Jiangsaid.

Earlierthisyear,Boschmadeaninvestmentofaround1billiondollarsinanewR&DandassemblycenterinSuzhou,whichalreadyhasfourBoschfactories.

Withitsfirstphasetobecompletedbymid-2024,thenewfacilitywilldevelopandassemblecorecomponentsfornewenergyvehiclesandautomateddrivingtosellprimarilytoChinesecustomers.

"Chinaistheworld'slargestautomarket,fullofpromiseandvitality.Asamultinationalenterprise,weneedtomakefulluseofthecountry'slocalR&Dcapabilityandproductioncapacity,"StefanHartung,chairmanofBosch'sboardofmanagement,saidinanearlierstatement.

World Insights: China's import expo boosts global companies' business expansion

Visitorslookatmodelsofon-boardelectronicdevicesdisplayedattheBoschboothatthe20thShanghaiInternationalAutomobileIndustryExhibitionineastChina'sShanghai,April18,2023.(Xinhua/FangZhe)

BOOSTINGCONFIDENCEINTHEFUTURE

Avastmajorityofforeign-fundedcompaniesoperatinginChinaareoptimisticabouttheirdevelopmentinthecountry,withover90percentoftherespondentsexpectingtheirreturnoninvestmenttoincreaseorremainflatinthenextfiveyears,revealedarecentsurveybytheChinaCouncilforthePromotionofInternationalTrade.

ThesurveyalsoshowedthatforeignfirmsdemonstrateastrongwilltoexpandtheirbusinessoperationsinChina,asover70percentoftherespondentssaidtheywouldfurtherlocalizetheirindustrialchainsinChinaormaintainthestatusquo.

DuringtheCIIE,governmentofficials,purchasinggroupsandexhibitorsgatherinShanghaiforextensiveexchangesandpotentialcooperationthroughhigh-leveldialogues.Toattractforeigninvestment,322CIIEexhibitorswillbeorganizedtomakebusinesstripsacrossChina.

"That'swhywealwayschoosetheCIIEasthefirstplatforminChinatopresentournewproducts,newsolutionsandnewinitiatives.AsaCIIE'veteran',wehavewitnessedtheexpansionoftheinfluenceandfriendcircleoftheCIIEyearbyyear,"saidGustavoBiscassi,headofexternalaffairsofBrazil'smininggiantVale.

ItisVale'ssixthtimetotakepartintheCIIE,duringwhichValeispromotingMegaHubsforthefirsttime.MegaHubsareindustrialcomplexesthataimtoproducehotbriquettediron(HBI)usingnaturalgas,andcansubstantiallyreducecarbonemissionsinsteel-making.

BiscassipointedoutthatChina'scontinuouslyoptimizingbusinessenvironmentandrecentpreferentialtaxandfeepolicieswouldfurtherencourageforeignenterprisestoincreaseinvestment.

Amongthem,policieshalvingtheurbanlandusetaxforbulkcommoditystorageoflogisticsfirmswillbeextendeduntiltheendof2027,which"reducedthestoragecostofourironoreatChina'sports,"Biscassisaid.

World Insights: China's import expo boosts global companies' business expansion

ThisphototakenonNov.9,2021showstheboothofNestleatthe4thChinaInternationalImportExpo(CIIE)ineastChina'sShanghai.(Xinhua/ZhangYuwei)

ZhangXiqiang,executivevicepresidentofSwissfoodgiantNestle,saidthat"theCIIEmarksChina'scontinuedopening-upofitsdomesticmarketandeffortstofurtherintegratewiththeworld."

AsamemberoftheExhibitorCounciloftheCIIE,Nestlejoinedtheexpoforthesixthconsecutivetimethisyear,andregardedtheeventas"animportantmeasureforChinatosupporttradeliberalizationandeconomicglobalization."

TheCIIE"practicestruemultilateralismandbuildsmoreopenconsensus,andthusisparticularlyvaluablefortheeconomicdevelopmentoftoday'sworld,"saidZhang,alsochiefexecutiveofficerofZoneGreaterChinaofNestle.

NestlehasinvestedanddevelopedinChinafor37years.Lookingintothefuture,thecompanywillcontinuetodeepenitsexplorationoftheChinesemarket,hesaid,expressingconfidenceinChina'slong-termdevelopment.

编辑:齐悦

今日热搜