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Proactive policy helps woo foreign investors

Major intl firms expected to step up investment in China's high-tech and supply chain sectors on strong reform efforts

By ZHONG NAN | China Daily | Updated: 2025-04-07 06:51
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An employee organizes exhibits at Coach's exhibition area during China International Consumer Products Expo in Haikou, Hainan province, on April 10, 2023. Coach is a brand under Tapestry, the United States-based luxury goods maker. SU BIKUN/FOR CHINA DAILY

Miguel Lopez, CEO of German industrial conglomerate Thyssenkrupp AG, said China is not only one of the largest markets for many foreign companies, but also home to the world's most comprehensive industrial and supply chains, supported by a well-developed logistics system.

Thyssenkrupp will continue to strengthen supply chain management in China and establish closer relationships with local suppliers. This will not only improve risk resilience and lower costs, but also benefit its global markets, Lopez said.

"Looking ahead, only through open collaboration, technological innovation and sustainable development can we collectively build a more stable and efficient global supply chain," he said.

Antoine de Saint-Affrique, CEO of Danone SA, a French multinational food products company, said that given China's economic significance, a healthy and growing China benefits the entire world.

"Growth in China contributes to the expansion of the global economy, and a thriving global economy, in turn, supports shared prosperity and peace," he added.

Between January and February, foreign-invested businesses in China saw their export value grow 6.9 percent year-on-year to 1.08 trillion yuan ($148.9 billion), according to the General Administration of Customs.

zhongnan@chinadaily.com.cn

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