Chinese investors welcome for win-win results

Chinese investors welcome for win-win results
Chinese investors welcome for win-win results

Representatives and envoys from several foreign countries gathered at a forum held in Beijing on Tuesday as part of the 14th China Overseas Investment Expo, jointly sending welcome messages to Chinese companies to come and invest and establish themselves in their country.

Companies in booming sectors, such as the new energy vehicle (NEV) industry and digital technologies, are particularly welcome, as these countries pursue high-quality development.

Despite the growing complexity of the global situation, with some countries attempting to “decouple”, investment and business representatives from countries, such as Switzerland, Hungary and the Solomon Islands, have expressed their desire for more Chinese companies participate in their development.

Chinese companies are actively seeking new markets overseas. Kuno Gschwend, the investment director of the Swiss Embassy in China, notes that these companies see the Swiss market as a promising avenue to improve their technologies and supply chains, and expand globally.

Discussing the benefits for Chinese companies coming to Switzerland, he explains how these companies introduce healthy competition into the market, stimulate foreign direct investment, generate additional sources of income and create jobs.

Kuno Gschwend also highlights the competitive advantage of Chinese companies, particularly in booming sectors, such as life sciences, automation and digital technologies, where Chinese and Swiss companies excel, thus promoting synergies. potentially beneficial for both countries and their respective industries.

Reflecting on the lack of a national automobile industry in Switzerland, he notes: “Unlike other European countries, we do not have our own Swiss car. So I think that if the Chinese invest in Switzerland, it should be better received than in other countries. »

During the forum, Solomon Islands Ambassador to China Barrett Salato said Chinese investors are very important to his country’s high-quality and sustainable development.

“We need to expand these investments. […] We want to diversify our core products, focusing not only on forest products, but also on [d’autres secteurs comme] the Peach. I hope Chinese investors will come and explore [les possibilités dans notre pays] “, he stressed, assuring that the Solomon Islands were open to all investments from China.

The ambassador particularly emphasized investment opportunities in green transformation, including the construction of solar and wind energy facilities.

Katalin Sógor, the third secretary of Hungary’s Economic, Trade and Investment Promotion Section, said her country is open to more investment from China. According to her, the stock of foreign direct investment from China to Hungary increased by 274% between 2014 and 2022.

Data released by the Chinese Ministry of Commerce on May 23 show that China’s non-financial overseas direct investment reached 343.47 billion yuan (43.7 billion euros) in the first four months of this year, an increase of 18.7% year-on-year.

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