Foreign entrepreneurs are increasingly bullish on the Chinese market, buoyed by recent economic policies aimed at encouraging growth and stability. This heightened optimism was evident at the Annual Conference of Financial Street Forum 2024, held Oct. 18-20 in Beijing.
Pan Gongsheng, governor of the People's Bank of China, highlighted the positive reception of these policies at the forum's opening ceremony on Oct. 18. "Since the implementation of the policy package, we have received positive feedback from home and abroad, effectively boosting social confidence and promoting the stable operation of the economy and financial markets," Pan said.
"China's forward-thinking government policies, such as the recent stimulus package, have demonstrated a commitment to fostering stable and sustainable growth, particularly in key sectors like technology, green energy and healthcare," said Jack Perry, chairman of the 48 Group and CEO of London Export Corporation, at an afternoon subforum titled "Joint Promoting Enterprise Development with Global Capital Integration."
Perry praised China's leadership, reassuring international investors that China is not only a place of opportunity but also a reliable partner for long-term investment.
"As the country transitions from an industry-driven to a consumption-driven economy, it opens doors to investors from across the globe," Perry said.
He added, "The sheer size of China's market and its growing middle class of 400 million, which will soon expand to nearly 800 million, offers significant opportunities for international companies to expand their reach."
Regarding how China can continue to attract international capital, Perry said the answer lies in creating an inclusive environment for investment.
"Optimizing regulatory frameworks, strengthening intellectual property protections and fostering transparent communication between foreign and domestic stakeholders are all crucial steps in this process," Perry said.
He stressed that international markets stand to gain from Chinese capital just as China benefits from foreign investment. "This two-way exchange strengthens global partnerships and fosters innovation on both sides," Perry emphasized.
Shane Tedjarati, vice chairman of Prologis Global, speaks at a subforum titled "Jointly Promoting Enterprise Development with Global Capital Integration," during the Annual Conference of Financial Street Forum 2024 in Beijing, Oct. 18, 2024. [Photo by Wang Yiming/China.org.cn]
Shane Tedjarati, vice chairman of Prologis Global, echoed these sentiments. "Today, as we've seen over the past 30 years, there's little debate that China was the priority investment for the whole world," Tedjarati said, noting that China's economic trajectory has generated real wealth "not just for China, but for the whole world for three consecutive decades."
Despite acknowledging several challenges facing the country, Tedjarati maintained a positive outlook on China's economic prospects.
"The theme of this conference, 'trust and confidence,' is at the heart of the policies the Chinese government is now taking to confront these challenges head-on," he explained, adding that early signs of a recovery in consumption were emerging.
Tedjarati underscored China's significance as a global manufacturing powerhouse, supported by "an impressive infrastructure with a complete industrial supply chain, highly skilled workers, an extensive supply system and a growing domestic market."
One key driver of China's growth is consumption and the rise of the middle class, Tedjarati said.
He noted that China has been the main contributor to the creation of the global middle class. "The middle class in China is expected to rise in the next 15 years from about 31% of the world's total to nearly 40%, making it the world's largest middle class," Tedjarati added.
Tedjarati also highlighted China's urbanization, noting its distinct and systematic approach to urban planning, which he said bodes well for China's growth. Additionally, he praised China's e-commerce infrastructure as "a trailblazer in the world," a model that few other major economies have been able to replicate.
Concluding his speech, Tedjarati addressed a question on many minds: "Where is the next China?" His answer was clear and confident: "The next China is still China."
女子挺5个月孕肚征婚？重庆江北警方通报 中新网1月11日电 据重庆市公安局江北区分局官方微博消息，近日，网传“女子挺5个月孕肚征婚 ”视频，引发网友关注。经查，该女子陈某 (女，33岁，暂住江北区，系自媒体博主) 为吸引流 “首都南大门”保定，中创燕园在这里新扩建的厂房已完成装修，北京大学物理学院的专家每周都前来开展研发工作，这是“北京研发，保定落地”的一个缩影；海河之滨，依托京津物流园在京津两地间搭建高端智 吃不完，根本吃不完！已经是年后的第三个工作日了。从全国各地陆续返回工位的人们，依然能回忆起被某种春节限定美食支配一整个假期的恐惧。“各省都有自己的噩梦”这个热搜年前就火了，但只有经历过“每 新华社记者董瑞丰“基层群众愿不愿意在‘家门口’接受基本医疗服务，关键在于县域医共体牵头医院有没有硬核实力。”去年3月，全国政协委员成岳冲提交了一份提案，深入分析我国县域医共体建设存 中新经纬2月23日电 (周奕航)“和以往相比，今年的订单量足足翻了四五倍。”山东省菏泽市曹县的汉服加工厂老板陆平(化名)对中新经纬表示。 这个春节，马面裙火了。许多年轻人身穿马面裙，行走在大街小巷、灯展庙会间 春节档还是挣钱的好档期吗？ 中新网北京2月23日电(记者 张曦)2024春节档已进入尾声。 如果要用一个词来形容今年的表现，无疑是“魔幻”。 一边是80.16亿创纪录的票房成绩(2024年2月10日至17日)，一边是四部电 。本文链接：China's new policies spur foreign investor confidencehttp://www.sushuapos.com/show-5-31436-0.html
声明：本网站为非营利性网站，本网页内容由互联网博主自发贡献，不代表本站观点，本站不承担任何法律责任。天上不会到馅饼，请大家谨防诈骗！若有侵权等问题请及时与本网联系，我们将在第一时间删除处理。
上一篇： Postcards from strangers in Kazan
下一篇： EconoScope | Expanded BRICS to provide new opportunities for economic and trade cooperation