Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

Multinationals confident in China's development, eye more opportunities

November 22, 2019


Abstract : Global business leaders on Thursday gathered at the New Economy Forum held in Beijing and voiced their confidence in the future growth of the Chinese market.

BEIJING, Nov. 21 (Xinhua) -- Global business leaders on Thursday gathered at the New Economy Forum held in Beijing and voiced their confidence in the future growth of the Chinese market.

Chinese firms are now coming to Europe with larger amounts of investment, and companies from European countries do the same and hope to get more access to the Chinese market, said Sergio Ermotti, group chief executive of Swiss banking giants UBS.

"The Belt and Road Initiative is quite transformational and welcomed in Europe because European countries need a lot of infrastructure, so it is very important to capture the growth opportunities," Ermotti added.

"I've seen China become much more open toward foreign direct investment," said Khaldoon Khalifa Al Mubarak, group CEO and managing director of the Mubadala Investment Company, citing the continuous evolution of the Chinese market.

The Abu Dhabi-based investor said that technology, life sciences and transportation, among other areas, are the sectors in China that attract most of his interest from a global investor's perspective.

Bill Winters, group chief executive of global financial giant Standard Chartered Bank, is optimistic about the growth prospects of the global economy in 2020, adding that China's economic growth has been stable and geopolitical concerns affecting investment activities have been eased.

Scan the QR code and push it to your mobile phone

Keyword: China-development multinationals

Reading:

Yili Jinlingguan wins international innovation award in UK

Merkel predicts reform in Africa will boost German investment

China-Singapore FTA Upgrade Protocol publicity event held in Singapore

Rinaldi is ready to open three new stores in the Chongqing area

China is the leading market for Italian food with 71 billion euros

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial