At this year's 'Two Sessions,' China outlined its strategic policy goals aimed at steering the country's economic growth for the upcoming year. Key initiatives include boosting 'new quality productive forces,' fostering talent in technology and innovation, easing market access restrictions, strengthening confidence in the Chinese economy, and facilitating foreign investments.
In an exclusive discussion, CGTN host Lily Lyu engages with Jens Hildebrandt, Executive Director & Board Member of the German Chamber of Commerce in China – North China, and Saravoot Yoovidhya, Vice President of the Thai Chamber of Commerce in China. They delve into strategies for injecting new momentum into foreign investments and making China a more attractive destination for international investors.
Hildebrandt emphasizes the importance of aligning with China's focus on innovation and technology, suggesting that foreign businesses should leverage these areas to enhance collaboration and growth. Yoovidhya highlights the benefits of eased market access and the potential for Thai enterprises to expand into diverse sectors within China.
Both chambers agree that China's commitment to economic reform and openness presents lucrative opportunities for global investors. By understanding and adapting to China's evolving economic landscape, businesses can effectively navigate the market and achieve sustainable growth.
Reference(s):
cgtn.com