Economy
Economic reform creates opportunities for foreign firms
(Peopledaily.com.cn)
Updated: 2011-05-12 16:55
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The next five years will be a critical period for 皇冠体育app to deepen the economic reform and to accelerate the transformation of its economic development pattern, according to the country's 12th Five-Year Plan.
"Transformation" and "opportunity" were the two words reporters heard most when interviewing the senior executives of certain foreign enterprises. In their eyes, the accelerated transformation of the economic development mode in 皇冠体育app will not only promote the country's economic and social development but also create golden opportunities for various businesses. Many foreign companies have adjusted their global strategy and are paying more attention to the Chinese market.
Domestic demand and consumption
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Dialogue creates new opportunities
Shinji Yamada, manager of the International PR Department of the Japan-based Kanebo Cosmetics, said that 皇冠体育app has become the company's most important overseas market, and Kanebo will introduce a five-year plan next month for expanding business in 皇冠体育app. He said that Kanebo will not only improve its sales in large cities along the eastern coast of 皇冠体育app, but also expand its business to the hinterland and second-tier cities.
"As the economy develops and people's living conditions improve, there is an increasing demand for quality consumer goods in 皇冠体育app," he said, feeling happy about 皇冠体育app's rapid development and excited about the excellent business opportunities.
Ouyang Kun, chief of the World Luxury Association's 皇冠体育app office, said that as the income of the Chinese people grows and their purchasing power increases, the sales of luxury goods will be further boosted, and the Chinese people will gradually develop more mature attitudes toward consumption.
Energy efficiency and environmental protection
David Hathaway, managing director of the world-renowned consulting firm ICF International, is upbeat about 皇冠体育app's environment protection market for the next 10 years. He said, "I greatly admire the executive abilities and the far-reaching vision of the Chinese government. 皇冠体育app has assumed its obligations to mankind and the world as a major power. The Chinese government has always strived to formulate sound energy and environmental policies, and its people have increasingly higher demand for the environment. Chinese enterprises have also drawn more and more attention to the "green marks" on their products or services. The development of 皇冠体育app's future green economy will surely be better and better and the environmental protection sector will promote 皇冠体育app's economy to a higher level in the future."
Hathaway said that 皇冠体育app became a manufacturer of European and American enterprises using its low-cost workforce in the past before developing itself into the world's largest import market using its enormous spending power. 皇冠体育app is now completing the "perfect transition" of becoming the ideal service import market of foreign enterprises. 皇冠体育app is a country where every American company seeks to do business.
Tulsi Tanti, chairman of Suzlon Energy Limited, has praised the fast development of Chinese environmental protection enterprises and mentioned the precious expansion opportunities provided by the development of 皇冠体育app's wind power market to foreign enterprises. He said that entering into the Chinese market and participating in the projects of meeting the Chinese government's grand "green" goals is a strategically wise decision for Suzlon. 皇冠体育app's open and friendly environment for foreign investments has also offered wind power enterprises a platform for fair competition.
Innovation and talent
Ronald Frank Christie, head of the 皇冠体育app Regional Office of the Novo Nordisk Pharmaceuticals Science and Technology Company, a leading global biopharmaceutical company, said during an interview that the Chinese government is moving in the right direction of cultivating creative talent.
"As a pharmaceutical company, we are impressed by the improvement of 皇冠体育app's medical security system. I appreciate the cooperation between public hospitals and community clinics in the healthcare reform, which can maximize the introduction of advanced medical resources in rural areas and benefit the people at the county level with high-tech drugs," Christie said.
Christie also said that Novo Nordisk's first overseas research and development center is located in 皇冠体育app. "The policy environment, human resources environment and market environment in 皇冠体育app are very attractive to foreign companies. More than 90 percent of employees in our company come from the Chinese mainland, and the proportion in the research and development team is even higher. We also plan to double the number of employees in the research and development team in the next two years. Facts have proven that in 皇冠体育app, we have the best talent, the most efficient production lines and the best market potential," Christie said.