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"China Central Radio and Television": (Lv Yue) International critical commentary|In the new year, foreign investment will go all out to "deeply cultivate China"

Published: January 9, 2025 Editor: Zhang Xinyun

(Source: "China Central Radio and Television" 2025-01-07

On the morning of the 7th, a new model of BMW Brilliance, a joint venture between the German BMW Group and the Chinese, was officially put into mass production. According to the relevant person in charge, this production fully considers the needs of Chinese consumers and reflects BMW's determination to deeply explore the Chinese market. Just the day before, the German Volkswagen Group (China) announced the signing of a memorandum of understanding with the Chinese company Xpeng Motors to cooperate in building China's largest ultra-fast charging network...

New Year, new atmosphere. In the past few days, a large number of foreign-funded car companies have announced that they will increase their presence in China, setting off a wave of cooperation. Tesla's Shanghai energy storage super factory has been completed recently and is expected to be put into mass production at the beginning of the year. Tao Lin, Tesla's global vice president, told International Review that the factory's annual production capacity will reach 10,000 units, supplying the Chinese and global markets.According to Lu Yue, a professor at the w88 casino, a series of actions by foreign investors at the beginning of the year reflect China’s global appeal in terms of technology and industrial synergy; China’s huge consumer market, world-leading and highly complete industrial chain, and achievements accumulated in the fields of new energy technology and intelligent driving are all attracting foreign investment to increase cooperation with China.


As a key area for attracting investment, the automobile industry has had a good start, reflecting China’s overall investment attractiveness. At present, foreign capital is working hard to "deeply cultivate China". In Shanghai, Parkson Department Store Group from Malaysia is stepping up its efforts to "renovate"; in Beijing, the French pharmaceutical company Sanofi announced the establishment of a new production base, setting a record for the company's largest single investment in China; in Zhejiang, American Air Products Company's first large-scale commercial liquid hydrogen plant in China is about to be completed... "China has industries and markets that we value. Do you want to come to China to invest in major projects? The answer is simple: you must come!" The words of Dirk Golitzer, CEO of the German electrical company Phoenix, echoed the aspirations of many companies.

For foreign companies, the vitality of China's large market means the driving force for development. Recently, data released by the China Federation of Commerce showed that China’s retail industry prosperity index in January was 51.1%, rising both month-on-month and year-on-year. Among them, the profitability index increased 4.9 percentage points month-on-month, hitting a new high in the past year. As the Chinese traditional festival Spring Festival approaches, commodity consumption will become more active. Zhou Manni, deputy brand marketing manager of Singaporean household product brand OSIM (China), told International Review that they have been participating in the "old-for-new" campaign launched by the Chinese government, which not only deepens the connection with consumers, but also makes the development of the company more resilient and potential.

Currently, China is accelerating the development of new productive forces, with obvious trends in industrial intelligence and greening, providing more opportunities for foreign companies to develop their businesses in China. For some time, many foreign companies have established "super factories" in China, hoping to automate and intelligentize the entire process from production to distribution. Xu Daquan, President of Bosch China, said that he looks forward to cooperating with innovative companies in China and "applying their results to our production or conducting research and development with them." Analysts believe that China’s comprehensive advantages in market system, market scale, industrial chain and human resources provide strong support for foreign companies to develop a full value chain layout.

Looking at a deeper level, the certainty of China’s economic growth and wider opening-up has solidified the foundation for foreign companies to take root in China. Over the past year, China has introduced a series of policy "combinations" to promote economic recovery and improvement. The Central Economic Work Conference held at the end of last year made a series of arrangements to steadily expand institutional opening up, deepen the reform of foreign investment promotion systems and mechanisms, and continue to build the "Invest in China" brand, so that foreign companies will have wider space for development and more confidence in China.

"China's relevant strategies are like a compass guiding the direction. As long as China continues to implement its long-term plan, we will keep pace with it." The words of Paul Han, CEO of the French pharmaceutical company Sanofi, witnessed the resonance of foreign companies and China at the same frequency. Recently, the British Chamber of Commerce in China and the German Chamber of Commerce in China respectively released reports stating that 76% of British companies plan to maintain or expand investment in China, and 92% of German companies will continue to operate in China.

Currently, factors such as the slowdown in global economic growth and rising geopolitical risks have had a significant impact on global investment. However, in the 2025 global investment outlook released by many foreign investment institutions, the Chinese market is still bullish. For example, Morgan Stanley believes that China's attention to artificial intelligence applications will continue to increase, and the development space for advantageous industries in emerging fields will continue to expand. It is foreseeable that as China's economic structure is further optimized and domestic demand potential continues to be released, foreign companies will gain more space and reap more dividends by deeply cultivating in China. As Nobel Prize winner in economics Michael Spencer recently said, China is "irreplaceable."

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