Foreign Companies in Shanghai Commit to Expanding Investments as China Opens Up

China has reaffirmed its commitment to further opening up its economy, a key point highlighted in a government work report submitted on Wednesday to the national legislature for deliberation. This move is expected to bolster confidence among foreign-invested enterprises in doing business within the world’s second-largest economy.

Speaking to CGTN, senior executives of multiple foreign companies in Shanghai expressed their dedication to deepening their investments in China. They believe that the country’s continued efforts to open up will create more opportunities for growth and collaboration.

“We see immense potential in China’s market,” said a senior executive from a leading multinational corporation. “The government’s commitment to opening up gives us greater confidence to expand our presence here.”

Shanghai, as a global financial hub, has been a focal point for foreign investment. The city’s strategic location, advanced infrastructure, and supportive policies have attracted businesses from around the world.

With China’s economy showing resilience and a willingness to engage globally, foreign enterprises are optimistic about future prospects. The pledges made by companies in Shanghai signal a positive trend toward increased international cooperation and economic development.

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