Becoming increasingly bullish concerning the Chinese market and its economic outlook, the foreign-funded enterprises will continue deepening their presence in China in 2025, with significant investment projects gaining momentum.
To capitalize on the vast opportunities in the Chinese market, BMW Group has continued to introduce new models tailored for the country.
Just this month, the company announced that the new model BMW X3 has officially entered mass production at its manufacturing facility in Shenyang in northeast China's Liaoning Province, with its official launch scheduled for February.
BMW CEO Oliver Zipse has recently described China as its largest global market of "tremendous importance" and a leading hub for technology and innovation.
"In the latest BMW operating system, 70 percent of the function are China specific. BMW Shenyang production base has developed a unique structure, which incorporates research and development, purchasing and production to make sure we respond faster to the demands of our Chinese customers," said Michele Melchiorre, senior vice president, Technology and Manufacturing, BMW Brilliance Automotive Ltd.
Meanwhile, Electric Glass (Xiamen) Co., Ltd., a leading Japanese manufacturer and supplier of liquid crystal glass blocks, and participant of this year's CIFIT, has expressed confidence in the Chinese economy, with the production line of the company accelerating the production of liquid crystal glass substrates in recent times.
Since its establishment in China, the company has completed five rounds of capital increase for expansion, with a total investment exceeding eight billion yuan (about 1.1 billion U.S. dollars), making it the largest-scale and most comprehensive factory in terms of overseas investment and production technology among all factories of this Japanese company.
Director and General Manager Fujii Takahide, Electric Glass (Xiamen) Co., Ltd., said that from the perspective of the display industry, so far, around 70 percent of the world's production is concentrated in China. In the future, this market will further expand, and the company is optimistic about the Chinese market and opportunities.
"As production continues to expand, the factory in Xiamen will become the largest among all the factories," he said.
Foreign businesses to continue investing, deepening presence in China in 2025
Foreign businesses to continue investing, deepening presence in China in 2025
Chinese enterprises have made prominent contributions to the global artificial intelligence (AI) ecosystem in terms of AI applications across various sectors, Xue Lan, dean of the Schwarzman College of Tsinghua University, told China Central Television (CCTV) at the AI Action Summit in Paris, France on Monday.
The AI Action Summit opened on Monday at the Grand Palais in Paris, gathering world leaders and executives of leading AI companies to assess the challenges and opportunities posed by the rapidly evolving technology, including discussions of global governance of the technology.
With different topics under the spotlight at the summit, comprehensive discussions of the impact of AI on all aspects of social development were a key part of the event, said Xue, who is also head of the Institute for AI International Governance at Tsinghua University.
China has played a big part in driving the development and security governance of global AI, Xue stressed.
"Many of China's enterprises have made great contributions to the global AI ecosystem in its applications. So from the latest example, we can see that the emergence of DeepSeek indeed provides people with a new, different, and alternative path on the entire development of AI," said Xue.
The two-day summit has drawn representatives from nearly 100 countries and more than 1,000 stakeholders from the private sector and civil society.
The event discussed three main objectives; providing independent, safe and reliable AI services to users, developing more environmentally friendly AI, and ensuring effective and inclusive global governance of AI.
Europe will cut back on regulation to make it easier for AI to flourish in the region, French President Emmanuel Macron said at the summit on Monday.
Anne Bouverot, France's special envoy for AI, noted at the opening ceremony that the summit would emphasize "action" and discuss the sustainable development of AI, especially the important role that AI will play in various fields such as coping with climate change, environmental crisis, and digital transformation.
The AI Action Summit follows the AI Safety Summit in the UK in 2023 and the AI Seoul Summit in South Korea in 2024. As the host country, France hopes to see France and Europe take the initiative in the AI sector through the summit, said the French media.
Macron also told delegates to the AI summit that France "has to resynchronize with the rest of the world" to simplify the process of developing AI.
With U.S. President Donald Trump tearing up his predecessor's AI guardrails to boost U.S. competitiveness, pressure has been building on the EU to pursue a lighter-touch approach to AI regulation to help keep European companies in the tech race, said Reuters.
Chinese companies contribute greatly to advancement of global AI ecosystem: Chinese expert