国内英语资讯:Economic Watch: Foreign investors show strong appetite for Chinese market_时事

国内英语资讯:Economic Watch: Foreign investors show strong appetite for Chinese market

BEIJING, Oct. 4 -- Despite the slowing momentum of global trade growth, China remains attractive to the world's multinationals with its huge consumer market, optimized business environment and innovation capability.

EXPANDING PRESENCE

Swiss tech giant ABB began construction of its new 67,000-square meter robotics manufacturing and research facility in Shanghai in September with an investment of 150 million U.S. dollars.

It is designed to be the most advanced, automated and flexible factory in the global robotics industry, utilizing the latest manufacturing processes –– a cutting-edge center where robots make robots.

Since 1992, ABB has invested more than 2.4 billion U.S. dollars in China, with nearly 20,000 employees in total. China has become the company's second-largest market.

"In the future, we will continue to expand investment in the country, further optimize the business layout and enhance innovation capability," said Gu Chunyuan, president of ABB Asia, Middle East and Africa Region.

German company Henkel, a leading player in industrial and consumer businesses, also has a long-term commitment to and strong confidence in China. Early this year, Henkel announced it is stepping up investment by around 300 million euros annually to build on its strengths and capture opportunities.

"China will be one of the focal markets. We will strengthen our position by accelerating the launch of new brands and innovations, increasing our marketing investments and driving digitalization even further," said Jeremy Hunter, president of Henkel Greater China.