China's economy and its continued high-level opening-up have been a hot topic at the 2026 Lujiazui Forum in Shanghai, with foreign participants expressing strong confidence in the country's economic prospects while highlighting the opportunities China has brought to global growth.
Amid a world full of uncertainties, international participants noted at the forum that China's sustained positive economic momentum has boosted confidence among foreign enterprises investing in the Chinese market.
"There have been a number of different real risks out there, the tariffs, the trade wars, the energy shock and all of this. And through all of this, what you're seeing is that the Chinese economy is resilient, particularly in the trade balance, particularly the strength of Chinese exports. And that's really where the strength and the opportunity is being seen right now," said Christian Stracke, president of PIMCO.
"Our confidence is largely based on the strength of Chinese manufacturing economy. So whether that's in solar, automotive, batteries, these are in strong demand globally, particularly now. And I think that will power a large part of the Chinese economy and that's the part of the economy in which we have confidence," said Kevin Sneader, president of Asia Pacific Ex-Japan Goldman Sachs.
"Every time I come to China, and I've seen it, particularly this week, is the speed at which China's innovation and growth is actually taking place. I'm really excited about ongoing and building that relationship," said Chris Hayward, chairman of the City of London Corporation's Policy and Resources Committee.
Foreign guests also welcomed the new policies announced at the forum, viewing them as a clear signal of China's commitment to expanding high-level opening-up and creating more opportunities for multinational companies to deepen their presence in the Chinese market.
"Very, very excited to hear the policies in this forum. I think hearing about the progress in Shanghai and also as a financial center and particularly around supporting the technology ecosystem are extremely positive. They're areas as an investor we're very interested in. So it gives us a lot more confidence to allocate capital into China," said Ben Squires, chief investment officer at superannuation fund NGS Super.
Foreign participants hail China’s economic resilience, opening-Up at Lujiazui Forum
