Despite global economic headwinds, multinational giants are doubling down on China’s market potential. At the recent China Development Forum, Chinese Premier Li Qiang reinforced the nation's commitment to high-level opening-up, declaring: 'A more open China will bring more opportunities for win-win cooperation to the world.' 🌍✨
Over 110 global investors and business leaders – including top US firms like Apple, Micron, and Qualcomm – attended the event, signaling strong confidence in China’s reforms. Tim Cook, Apple’s CEO, emphasized China’s irreplaceable role in tech supply chains: 'For Apple’s supply chain, there’s no place more important than China.' 📱🔌
McKinsey’s Greater China Chair Joseph Luc Ngai noted that US businesses remain deeply engaged with China: 'Their commitment … has remained unchanged.' This comes even as debates about 'decoupling' persist in political circles. Analysts say the surge in foreign participation highlights China’s success in building a market-driven, rules-based business ecosystem. 📈💡
With major forums like the CDF bridging dialogue, China’s economic story continues to attract global players betting on long-term growth. 🚀
Reference(s):
Foreign firms' confidence showcases China's resolve in opening-up
cgtn.com