Global firms keen on fresh opportunities

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2025-03-25 21:36

China's unwavering commitment to opening-up will propel new industrialization, green growth and digital transformation, showcasing the nation's growing strength in innovation and demand-driven productivity and creating fresh opportunities for global businesses, said top executives of leading multinational corporations on Monday.

Participants talk during a tea break of the China Development Forum 2025 in Beijing, capital of China, March 23, 2025. The China Development Forum 2025 is scheduled from March 23 to 24. The theme of this year's forum is "Unleashing Development Momentum for Stable Growth of Global Economy.

Speaking at the China Development Forum 2025, held in Beijing on Sunday and Monday, the executives emphasized that as China shifts toward innovation-driven and green growth, foreign companies are committed to working with local partners, investing in high-end manufacturing, artificial intelligence and service industries, and strengthening their supply chain capabilities within the country.

During a symposium on the sidelines of the forum on Monday, Li Yongjie, deputy international trade representative of the Ministry of Commerce, outlined the country's next steps. Li said China will further advance comprehensive pilot programs to open up the services sector, promote the orderly opening of industries such as the internet and culture, and expand access to key areas including telecommunications, healthcare and education.

Encouraged by these efforts, Christophe Weber, president, CEO and representative director of Takeda Pharmaceutical Co, said his company will make targeted investments in data and digital solutions in China to unleash the power of new technology for the future of healthcare.

Participants attend the China Development Forum 2025 in Beijing, capital of China, March 23, 2025. The China Development Forum 2025 is scheduled from March 23 to 24.

In January, the Japanese company announced the signing of an investment cooperation agreement to establish its China innovation center in Chengdu, Sichuan province. The facility will focus on digital healthcare innovation and will develop solutions using big data and artificial intelligence.