Today: Apr 22, 2025

Global business leaders eager to expand research, increase investment in China

4 weeks ago


Global business leaders expressed their enthusiasm for expanding research and increasing investment in China at the China Development Forum 2025.

Themed “Unleashing Development Momentum for Stable Growth of Global Economy”, the two-day forum, which brought together 86 official delegates from multinational companies from 21 countries, concluded on Monday in Beijing.

The executives attending the forum are keenly interested in China’s economic dynamics and development strategies, with many arriving early to gain deeper insights into China’s economic policies and technological progress.

During interviews with China Central Television (CCTV), the business leaders highlighted the buzzwords in China’s development.

“That’s a trade-in program, and I think that’s a good sponsorship for consumption,” said Stefan Hartung, chairman of the board of management of Robert Bosch GmbH, a German multinational engineering and technology company.

“We actually have strong partnerships with DeepSeek,” said Michael Nelson, president and CEO of Amway, an American company that sells health, beauty and home care products.

“New quality productive forces are really the future of China,” said Jean-Pascal Tricoire, CEO and chairman of the multinational electricity company Schneider Electric.

As the business leaders seek to increase presence in the country’s vast market, they specified the regions where they aim to boost their investment in China.

“For us the opportunity is to penetrate all the cities,” said Anil Wadhwani, CEO of Prudential plc, a British-domiciled multinational insurance and asset management company.

“We are opening up an organic farm in Sichuan Province, and so we will have a groundbreaking of that in the next several months,” said Nelson.

“The places where we invest are the places where we do R and D, where we do manufacturing,” said Tricoire.

Keep exploring EU Venture Capital:  Trump prepares to unveil reciprocal tariffs as markets brace amid trade war fears | Trump tariffs

“We need icy conditions for driving on ice, so we have to be in the north, right? Wuxi businesses, in Taicang, Suzhou, in Chongqing, in many areas we build up new businesses,” said Hartung.

The business leaders also expressed their aspirations to diversify their portfolio in China, actively seeking out new avenues for growth and opportunity.

“And China needs more consumption. We are increasing our lineup for the home appliances,” said Hartung.

“We continue to look at anti-aging products, we continue to invest into research and development capabilities,” said Nelson. “We are developing with China green hydrogen. We want to develop the supply chain of desalination in China,” said Mohammed Abunayyan, chairman of the board of ACWA Power, a Saudi Arabian company on power generation and desalinated water production.


Global business leaders eager to expand research, increase investment in China

Global business leaders eager to expand research, increase investment in China

Among the 35,000 marathon runners in East China’s Wuxi Marathon 2025 on Sunday, there was a blind teacher, Zhu Lingjun, who finished five kilometers for the first time with a guide runner and sent an inspiring spirit to the city.

Born blind, Zhu gained limited light perception after surgery at four months old. She achieved her complete education relentlessly up to a master’s degree, and last year, she became the city’s first visually impaired teacher at Wuxi Special Education School.

At the same time, Zhu loves sports and pursues them bravely. After hearing of the Wuxi Marathon, she had long dreamed of joining. She said it is more than a personal goal; she believes in raising awareness of equal opportunities in sports and encouraging people with disabilities to embrace social life.

Keep exploring EU Venture Capital:  Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News

This year’s Wuxi Marathon supported disabled runners and introduced a dedicated registration channel for the visually impaired, fostering inclusivity in sports.

Zhu jumped at the chance and prepared herself for the race. She underwent rigorous winter training, including jump rope, hula hooping, swimming, and synchronized pacing with her running guide.

“Due to the visual impairment, it is not very convenient for me to move around, so I often skip rope and play with hula hoop indoors. I also like swimming because I learned to swim when I was young. I can do breaststroke and backstroke,” she said.

“When registering, I read that eligible disabled people are allowed to participate and will be well protected. I think this reflects the spirit of equal competition and a respect for diverse participation,” she said.

“This is the biggest event I’ve ever participated in. I’m truly grateful to my guide runner. She has a long stride but adjusted her pace to match mine. I also want to thank the organizers for allowing people like me to compete. This experience has made me realize that I can improve, run farther, faster, and more steadily,” she said after the race.

Zhu pursued a resilient life long before the marathon.

She moved away from home to Shanghai to pursue early education when there were no local schools for blind children. Her determination led her to excel academically – earning a degree from East China Normal University and a master’s from the prestigious Fudan University.

She was even selected for an exchange program at Hong Kong Polytechnic University, where she completed five English-taught courses.

Keep exploring EU Venture Capital:  Business Travel Sentiment Sours Over Trump Policies — GBTA Poll

Beyond academics, Zhu has dedicated herself to social work, tutoring children with intellectual disabilities, and volunteering for a United Nations project. Inspired by the teachers who mentored her, she pursued her dream of becoming an educator, joining Wuxi Special Education School in August 2024.

“I hope to grow in this job, keep improving, and become a teacher who is loved by students, trusted by parents, and recognized by society,” she said.


Blind teacher breaks barriers, running her first 5K at 2025 Wuxi Marathon

Blind teacher breaks barriers, running her first 5K at 2025 Wuxi Marathon





Source link

EU Venture Capital

EU Venture Capital is a premier platform providing in-depth insights, funding opportunities, and market analysis for the European startup ecosystem. Wholly owned by EU Startup News, it connects entrepreneurs, investors, and industry professionals with the latest trends, expert resources, and exclusive reports in venture capital.

Leave a Reply

Your email address will not be published.

Don't Miss

PingPong Payments Integrates Trulioo To Streamline Global Business Verification

PingPong Payments has partnered with identity verification platform Trulioo to strengthen its

Destination India? FPIs eye equity goldmine amid global slowdown – Opinion News

Foreign portfolio investors (FPIs), which bought over $2 billion worth of equities