China gives more opportunities to the world through openness – Dainik Savera Times

With increasing opening-up, more and more foreigners have come to China to study and work in recent years. He witnessed the development of China. from this year Banking crisis occurred in Europe and America. The US Federal Reserve Board increased interest rates. Global geopolitical tensions continued to worsen. Due to these reasons, there has been a slowdown in global cross-border investment. On the contrary, some foreign organizations increased their investment in China.

Recently a French company established its headquarters in China and increased its capital in a hydrogen energy project. The general manager of the China-based company said that China is a very important market. Establishing the company’s headquarters in Shanghai is an important investment step. The company will continuously launch more new hydrogen energy products into the Chinese market, to help China eliminate carbon dioxide emissions and achieve carbon neutrality.

In addition to Shanghai, more and more foreign companies increased investment in China’s central and western regions. Recently in China’s Ningxia Hui Autonomous Region, the sixth China-Arab Country Expo was organized. Sectors like green low carbon, digital economy and medical and health etc. attracted the attention of more companies from Arab countries. The founder of a Saudi Arabian biotechnology company said the company will have huge potential for cooperation with China.

Along with attracting foreign investment, Chinese companies deployed more capital abroad. According to statistics, by the end of the year 2022, Chinese enterprises India’s stock of foreign direct investment stood at US$28 trillion, which ranks first in the world. Chinese companies are available in more than 80 percent of the world’s countries and regions. About 25 lakh people got employment in Chinese companies. Now China is enhancing high-quality development and will provide more opportunities to the world. global industrial chain and The Chinese market will be huge for foreign investors.

(Credits- China Media Group, Beijing)

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