Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Experts tip the nation's economic recovery to produce worldwide benefits

By CHEN YINGQUN | China Daily | Updated: 2020-11-18 07:53
Share
Share - WeChat
Tourists shop at a duty-free shopping mall in Sanya, Hainan province, on Oct 5, 2020. [Photo/Xinhua]

China is the global leader in terms of economic recovery from the coronavirus pandemic, and the nation's recuperation stands to benefit the rest of the world, according to industry insiders and analysts.

Andrea Pozzolini, CEO of Rhea Vendors Group, which manufactures customized vending machines in Europe, said the Chinese market is strategically important for the company, which has just taken part in the third China International Import Expo, or CIIE, in Shanghai, marking its debut at the event.

"We started to approach China a few years ago, and eventually decided to set up a direct presence in the country earlier this year. We are aware of the potential for the market, which is the fastest-growing in the world in terms of coffee consumption," Pozzolini said.

He added that the expo has become important for all exporters to China, particularly this year, as most such fairs worldwide have been canceled or postponed due to the pandemic.

"We are ready to use the unique opportunity of the CIIE to start transferring our experience to China, offering products and services with the highest level of customization and digital technology integration to respond to Chinese customers' habits and expectations," he said.

Raymond Wang, a partner at global consultancy Roland Berger, said China is leading the world in economic recovery, while many other countries and regions are experiencing a second wave of the virus.

"China's economic recovery can benefit the rest of the world and is necessary for the country's further development," he said.

In the first three quarters of this year, China's actual use of foreign capital rose by 2.5 percent year-on-year to $103.26 billion, according to the Statistical Bulletin of China's Foreign Direct Investment 2020, released by the Ministry of Commerce at the Shanghai expo.

Claudia Vernotti, director of ChinaEU, a business-led association based in Brussels, said China is a huge market and home to one of the world's largest consumer bases in nearly all economic sectors. As such, it is an attractive destination for any company looking to expand overseas.

"Against the backdrop of the COVID-19 pandemic, as one of the first countries to emerge from the crisis, and with possibly the strongest rebound next year, the stability of the Chinese market brings prospects and confidence to foreign companies to deepen their roots in the country," she said.

Vernotti added that it is crucial for all players to study China's economic development and technological innovation, as they have had a substantial impact globally.

Moreover, the extreme dynamism of the Chinese market, the country's improving business environment, and the introduction of a range of stimulus policies to promote domestic consumption are "set to unleash the potential of China as a market for the world", she said.

He Yun, an assistant professor at the School of Public Administration at Hunan University, said that after the pandemic emerged, there were thoughts in Europe that Chinese investment would flood into the continent to take advantage of cheap European assets. Instead, investment flowed east, with China's FDI rising as foreign investment elsewhere plummeted.

"Companies flocked to China in large numbers because the country was the first to control the pandemic and resume domestic circulation. As China's dual circulation economic development pattern continues to strengthen, there will be more opportunities for European businesses," He said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 日韩精品无码一区二区三区AV| ol丝袜高跟秘书在线观看视频| 精品视频午夜一区二区| 国产精品视频第一区二区三区| 亚洲一区二区三区在线观看网站| 美女久久久久久久久久久| 在线视频欧美日韩| 亚洲国产成人久久一区二区三区| 美女视频黄a视频全免费网站色| 国产精品一区二区资源| peeasian人体| 日日摸夜夜搂人人要| 亚洲人成图片小说网站| 稚嫩进出嗯啊湿透公交车漫画| 国产超碰人人爽人人做人人添| 中文字幕有码视频| 欧美AAAAAA级午夜福利视频| 伊人久久精品无码麻豆一区| 试看120秒做受小视频免费| 国产精品日本一区二区在线看| 一区二区三区日韩精品| 日韩中文字幕视频在线观看| 亚洲日韩在线中文字幕综合| 韩国二级毛片免费播放| 女的张开腿让男人桶爽30分钟| 久久精品免费一区二区喷潮| 秋葵视频在线观看在线下载| 国产吃奶摸下激烈视频无遮挡| 5g影讯5g探花多人运视频| 日本中文字幕有码在线视频| 亚洲另类激情专区小说图片| 男插女下体视频| 国产a不卡片精品免费观看| 97精品国产97久久久久久免费| 最色网在线观看| 动漫精品一区二区三区3d| 高清欧美一区二区三区| 国产精品网址你懂的| fabu14.xyz| 成人18网址在线观看| 亚洲国产av一区二区三区丶|