In a recent interview at the 5th Qingdao Multinationals Summit, Vincent Yan, CEO of Ajlan & Bros Holding Group, shed light on the growing international competitiveness of Chinese companies. Speaking with CGTN's Lincoln Humphries, Yan emphasized that Saudi Arabia has become a pivotal destination for Chinese firms seeking global expansion.
Yan highlighted that the strategic partnership between China and Saudi Arabia offers Chinese businesses access to new markets and opportunities, fostering mutual growth and innovation. He believes that the robust economic ties and favorable business environment in Saudi Arabia make it an attractive hub for Chinese enterprises aiming to scale their operations internationally.
This growth trend underscores the dynamic nature of China's business landscape, with companies like Ajlan & Bros Holding Group leading the charge in establishing a global presence. As Chinese firms continue to explore and invest in international markets, their enhanced competitiveness is set to shape the future of global business.
Reference(s):
Chinese companies internationally competitive: Ajlan & Bros Holding
cgtn.com
