Investing in China has become a "must-have" for strategic development for many foreign companies, a Commerce Ministry spokeswoman said Thursday.
He Yongqian, the spokeswoman, made the remarks in response to a media query at a regular press conference in Beijing.
"Recently, global executives from multinational companies including Apple, Eli Lilly, BASF, Volkswagen, Bosch and the Al-Futtaim Group along with representatives of business associations such as the U.S.-China Business Council, have made visits to China. Many of them came to the Ministry of Commerce and had candid and pragmatic discussions with us. They spoke highly of China's economy's resilience, innovative dynamism, vast market advantages, and the steadily improved business environment. They see China as an innovation hub for transnational development. For many global companies, investing in China has shifted from viewing it as an 'optional extra' for resource allocation to a 'must-have' for strategic development," said He.
Investing in China becomes "must-have" for global firms: MOC spokeswoman
