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

Having established its first office in Beijing in 1988, the company now has around 5,000 employees at 25 sites across China. The production output of its manufacturing plant in Yantai of Shandong Province has increased more than 50 times over the years.

EMBRACING OPPORTUNITIES

"China's huge market, steady growth momentum, complete industrial infrastructure as well as rich talent resources are all very attractive, " said Gu Chunyuan.

As ABB's second-biggest market, China's increasingly optimized business climate, more energetic and effective market system and deepened opening-up policies have lured the company to beef up its confidence in the China market, he said.

As the center of the world's manufacturing industry, China has witnessed uNPRecedented upgrading and transformation of industries toward digitalization and intelligence, which will unleash huge market potential, said Gu, adding that China's development has brought many opportunities to the company, and convinced ABB to expand investment.

Hunter attributed Henkel's success in China to the country's continuous efforts of pursuing innovation-driven economic development, which has fostered a favorable environment for the company.

"Moreover, China has become a global force in digital technologies. Accelerated digitalization has also been a key driver for Henkel," said Hunter, noting that the rapid transformation of China's manufacturing and consumption upgrading are also driving demand for the company.