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China Welcomes Global Firms Amid Innovation Drive 🌍💼

China Welcomes Global Firms Amid Innovation Drive 🌍💼

Chinese Vice Premier He Lifeng met with top executives from global giants like HSBC, Siemens Healthineers, and Rio Tinto on March 21, 2026, signaling China's push for international collaboration. The meeting at Beijing's Diaoyutai State Guesthouse highlighted the country's economic transformation toward innovation-driven growth during the critical 15th Five-Year Plan period (2026-2030).

💡 He emphasized that China will expand high-standard market access and create new opportunities for multinational companies in green tech, healthcare, and sustainable development. "We welcome global partners to share in China's development dividends," he stated, referencing recent policy upgrades in AI and renewable energy sectors.

🌐 Executives from Schneider Electric and UBS reportedly expressed strong confidence in China's economic trajectory, with several firms planning to boost R&D investments in the Chinese mainland. The talks come as China's consumer market is projected to grow 5.8% this year, outpacing most major economies.

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