Beijing, June 24: The fourth China International Supply Chain Expo (CESC) is taking place in the capital from June 22 to June 26. During this event, journalists from China Media Group (CMG) interviewed around 20 senior executives from various multinational companies and heads of international commerce chambers. These representatives openly praised China’s policies and investment climate while discussing the supply chain and business environment in the country.
Lutz Frankholz, Executive Director of TÜV Rheinland Group’s Shanghai branch, shared that the company plans to establish a large laboratory that requires a specific type of space. He noted that the local government actively assisted in finding a suitable location and provided high-quality resources to advance the project.
On June 22, coinciding with the CESC’s inauguration, China released a “Work Plan for Improving the Quality of Economic Development through Foreign Investment.” Many measures in this plan are based on suggestions and demands raised during monthly roundtable meetings with foreign-invested companies.
According to statistics, 50 roundtable meetings have been held since 2023, with participation from over 2,000 companies. Investors believe that this practical approach, focused on problem-solving, is continuously strengthening their confidence in the Chinese market.
Thais Yan, Global Senior Vice President and Head of Greater China for Danish biopharmaceutical company Novo Nordisk, stated that the new work plan has enhanced the company’s confidence in investing in China. He emphasized that various levels of government in China not only welcome foreign investment but also demonstrate this through concrete actions.
Sharing his experience, Yan mentioned, “A few years ago, we had three significant demands. Over the past three years, all three have been met. What better proof could there be?”
Since the beginning of 2025, China has taken several steps to encourage foreign investment, including a work plan to stabilize foreign investment, an expanded list of encouraged industries, and customs operations at the island level in Hainan Free Trade Port. These measures provide foreign companies with more opportunities, diverse investment options, and greater ease of doing business.
Data indicates that by 2025, over 8,000 foreign-invested enterprises will have increased their investments in China, representing a growth of more than 10% compared to 2024.
Sun Qianeng, Vice President and General Manager of Honeywell Process Automation and Technology Group China, remarked that foreign companies clearly feel that China is continuously expanding its openness. He noted that China is moving beyond traditional economic openness towards institutional openness. The increasing transparency is making the business environment more favorable and trustworthy for foreign companies.
(Source: China Media Group, Beijing)
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