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Strong China ecosystem to raise globalization

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Strong China ecosystem to raise globalization

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Editor’s note: Amid challenges including geopolitical tensions and the tightening policies by major central banks, the focus has been on how the two sessions-the annual sittings of China’s national legislature and top political advisory body-map out this year’s policy agenda to navigate the world’s second-largest economy through headwinds and further open up its vast market to the rest of the world. China Daily spoke with multinational executives about their takes on the two sessions, expectations for China’s high-quality development and new opportunities they are seeking in the country.

Q1: Looking at 2022, what are some of the new opportunities that China’s high-level opening-up has offered to your company?

Q2: This year’s Government Work Report has rolled out a host of policies to push high-quality development, such as making economic growth more balanced, green and innovation-driven. What do you think of prospects for China’s high-quality development? How will your company seize related opportunities?

Q3: How do you evaluate your company’s recent performance in China? As the Government Work Report has mapped out measures to bolster economic growth, what are the expectations of your company’s growth potential in China this year?

Q4: Against the backdrop of rising headwinds to globalization and the potential risks of decoupling, how do you see the room for cooperation with your Chinese partners? Do you have any plans to deepen industrial cooperation with your Chinese partners this year?

Q5: The US Federal Reserve is planning measures to tighten its policy, which has raised concerns among some that global capital might be drawn back to the United States. Will the Fed’s tightening affect your investment plans in China? Do you have any plans to boost investment or increase your employees in China this year?

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