Chinese Ambassador to the U.S. Qin Gang offered a roadmap for American businesses seeking opportunities in China during his keynote at Indiana’s Global Economic Summit, emphasizing optimism and strategic alignment with the country’s development priorities.
Three Sectors, Unlimited Potential
Qin highlighted agriculture, pharmaceuticals, and green energy technology as key areas where U.S. companies can thrive. “China’s middle class is driving demand for diversified food imports, advanced health products, and cleaner technologies,” he said, noting simplified regulatory processes for foreign pharmaceutical firms and China’s dominance in producing 50% of the world’s new energy vehicles.
Blueprints for Success
The ambassador urged businesses to study China’s publicly available development plans: “They’re on government websites and social media. Find where your strengths meet China’s needs – that’s how you’ll profit.” He specifically praised Indiana’s expertise in agriculture and engine manufacturing as ideal matches for Chinese market demands.
Beyond Pandemic Challenges
While acknowledging global economic headwinds, Qin remained bullish: “Temporary disruptions shouldn’t overshadow China’s 1.4 billion consumers and their growing purchasing power.” His message resonated with summit attendees exploring post-pandemic growth strategies.
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Ambassador Qin answered how U.S. companies can do business in China
cgtn.com
