Sci-Tech

From 'World Factory' to 'Innovation Laboratory'

2025-03-28   

Currently, global economic growth is facing many unstable factors, and the trend of the Chinese economy has attracted much attention. Foreign investment is a vivid window to observe the attractiveness of the Chinese market. Since the beginning of this year, numerous heads of multinational corporations have visited China intensively, actively appearing in major economic and trade forums, factories, and parks in China, attracting attention from the outside world. What are the new trends of multinational corporations in China? What is their perception of the Chinese market? Let's listen to their voices together. On March 23-24, at the Diaoyutai State Guesthouse in Beijing, the 2025 Annual Meeting of the China Development Forum was held, bringing warmth and warmth to multinational executives' intensive visits to China. Kang Linsong, Chairman of the Board of Directors of Mercedes Benz Group, was surrounded by Chinese and foreign journalists who had been waiting for a long time just as he left the venue after attending the opening ceremony of the annual meeting. Without a doubt, the Chinese market is an important pillar of Mercedes Benz's global strategy, and we are always committed to long-term investment in China, "he responded. This year's annual conference attracted over 750 foreign representatives, including senior managers from 86 multinational corporations, with a record high number of multinational corporations attending for the first time. Despite facing many challenges and pressures at present, China is still steadily moving forward Nestle CEO Fu Lehong said that China continues to expand its domestic market and optimize its business environment. We firmly believe that this economy, which has the advantage of a super large market and demonstrates strong resilience, will create more opportunities for global investors. For some time now, China has been under pressure to attract foreign investment, but some high-tech industries have shown a good trend in attracting investment. In the first two months of this year, the actual use of foreign investment in the e-commerce service industry, biopharmaceutical manufacturing industry, and intelligent consumer equipment manufacturing industry increased by 33.5%, 22.9%, and 40.7%, respectively. In recent days, Apple CEO Cook visited Jingshan Park in Beijing, Samsung Electronics President Lee Jae yong visited BYD's Shenzhen headquarters, and Qualcomm President and CEO Amon visited Xiaomi's car factory... These multinational enterprise leaders frequently "check in" on social media, bringing them closer to Chinese consumers and deepening exchanges with Chinese technology companies. Not long ago, the survey results released by the China Japan Chamber of Commerce showed that 58% of member companies will increase or maintain their investment scale in China this year; According to a report released by the American Chamber of Commerce in China, 53% of surveyed American companies expect to increase their investment in China by 2025. Moving towards the "new" path, innovation drives cooperation for a win-win outcome of 2.5 billion US dollars! In the next five years, international pharmaceutical giant AstraZeneca will continue to invest in China by establishing a global strategic research and development center in Yizhuang, Beijing, forming a joint venture with partners in Beijing, and introducing innovative vaccines from around the world. This is the second global strategic research and development center established by the company in China after Shanghai. The shift in investment strategies of multinational corporations in China from "world factories" to "innovation laboratories" reflects the promising prospects of the Chinese market. Shen Rui'an, Global CEO of Danone Group in France, said that China is not only an innovation highland, but also a gathering place for talents. For Danone, China is not only an important market, but also represents the world's top innovation ecosystem. From the China Development Forum to the Boao Forum for Asia, this is the common voice of more and more multinational enterprise leaders: China has a complete industrial system, rich application scenarios, a super large market, and a large number of talent teams, providing broad cooperation space for international industrial and technological innovation. The "Artificial Intelligence+" initiative has been included in the Chinese government work report for two consecutive years, leaving a deep impression on BMW Group Chairman Zipser. He said, "BMW is deepening its strategic cooperation with China's leading technology companies, deeply integrating cloud interaction capabilities and personalized experiences of generative artificial intelligence, seamlessly connecting vehicles with China's smart city infrastructure." "In China, we have created an agile mechanism for research and development, production and sales integration, including research and development, production, as well as 1600 suppliers and more than 1100 distributors, to quickly respond to Chinese user needs," said Zhao Guohua, Chairman of Schneider Electric Group. Continuously open and share new opportunities for future development. Located in Xiqing District, Tianjin, Tianjin Pengruili Hospital is invested and constructed by Pengruili Group of Singapore, with a total investment of approximately 1 billion yuan. This is the first foreign-owned tertiary comprehensive hospital in China, which officially opened last month. With the "zero tolerance" of foreign investment access restrictions in the manufacturing industry, China has expanded its focus of opening up to service industries such as telecommunications, healthcare, and education, forging a "strong magnetic field" to attract foreign investment through institutional opening up. The Healthy China strategy brings enormous development opportunities for enterprises Michael Nielsen, CEO of Amway, said that Amway has launched a 5-year investment plan worth RMB 2.1 billion, covering the entire operational chain in China. Recently, the signing ceremony of the Memorandum of Understanding on decarbonization cooperation in the steel industry value chain between Hebei Iron and Steel Group and Rio Tinto Group was held in Beijing. Rio Tinto CEO Shi Daocheng stated that China's green transformation is becoming a new growth driver, especially bringing important opportunities in areas such as aluminum, copper, and battery materials. According to foreign media evaluations, China's system plans to steadily expand its institutional opening-up, further transforming the difficulties and obstacles that restrict foreign investment in China into incentives and benefits for attracting investment, demonstrating the confidence and determination of the Chinese government to vigorously attract foreign investment. I believe that only by walking side by side can we turn challenges into opportunities; Only by walking side by side can we create a better future of common prosperity and more sustainable development Siemens AG Chairman Boleren said. (New Society)

Edit:Ou Xiaoling Responsible editor:Shu Hua

Source:People Net

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