Globals Go Local
The opportunities offered by the Chinese market is making multinationals set up joint ventures and production lines in China, boosting the transformation of China’s manufacturing industry.
The opportunities offered by the Chinese market is making multinationals set up joint ventures and production lines in China, boosting the transformation of China’s manufacturing industry.
Without a doubt, President Xi’s San Francisco trip has stabilized China-U.S. ties and injected new impetus into Asia-Pacific cooperation. Before the meetings, a poster promised that ‘APEC is going to be EPIC.’ And it has.
The more Europe engages with China and vice versa, the more likely a minimum degree of coordination can be secured in world politics. Greece acknowledges this reality and is prepared, within its limited capacity amid international antagonism, to promote the need for cooperation.
Increased two-way trade, dialogue and relationship building will benefit the vendors, the buyers and the leaders in attendance but ultimately will benefit the people and economies of China and the world.
By hosting this significant event throughout the years, China showcases its willingness to embrace international trade, welcome foreign investment, and ultimately contribute to the overall advancement of the global economy.
China is deeply integrated into the global economy through trade, investment and economic cooperation.
China has consistently been opening up to the outside world over the last four decades since it started the historic reform and opening-up drive. It is especially so in the last decade with the launch of the Belt and Road Initiative and through the CIIE.
Demand is changing, not disappearing. The products people want, where and how they want to buy them, purchase motivators, and the continued torrid growth of e-commerce and integrated retail should all be subject to review and improvement.
Openness promotes economic development; open economies can specialize and trade with each other.
China’s development cannot be successful without the international community’s support, and the world’s economy cannot prosper without China’s participation.
As you can tell from the CIIE, there is a huge opportunity for all of us to engage and support here.
With China further opening up to the world, Honeywell will further increase local investment, enhance local R&D capabilities, and bring the products developed in China to overseas markets to implement the strategies of ‘East for East’ and ‘East to Rest.’