Shanghai Daily

Multinatio­nals ready to embrace new opp

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As China saw its economy begin the year on a solid note and press ahead with policies to maintain sound developmen­t, multinatio­nals are ready to take the pulse of the Chinese market, as well as growth drivers generated from innovation.

At the China Developmen­t Forum 2024, an annual high-level internatio­nal conference, held from Sunday to Monday, leaders of multinatio­nals expressed their confidence in the economy and businesses prospects in China.

“L’Oreal will continue to invest in China as we believe that investing in China is investing in the future,” said Nicolas Hieronimus, chief executive officer of the Francebase­d cosmetic giant, adding that the China Developmen­t Forum reflects China’s determinat­ion to embrace a new era of high-quality developmen­t.

Themed “The Continuous Developmen­t of China,” the forum attracted about 400 delegates, including business leaders, scholars and representa­tives from internatio­nal organizati­ons, keen to exchange ideas. O the Chinese central g department­s introdu policy at the forum.

Firm steps, bright o

Milind Pant, CEO of said China has been t largest, fastest growi important strategic more than 20 years.

Amway China has growth of 7 percent average over the pas said Pant, adding tha continue to invest in

“China’s advantage complete industry cha vative ecosystems ar recognized and highl multinatio­nals,” he s

The company is al to and beneficiar­y opening-up policy. has taken steps such the negative list for fo ment, setting up som trade zones and impl Foreign Investment L

China issued an a further attract and u

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 ?? ?? Chinese herbs are displayed at the Amway booth at the 6th China Internatio­nal Import Expo in Shanghai.
Chinese herbs are displayed at the Amway booth at the 6th China Internatio­nal Import Expo in Shanghai.

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