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Execs share upbeat outlook on future biz environment

CHINA DAILY | Updated: 2022-10-25 10:10
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Q2 China has been deepening its reform and opening-up policy, particularly at the institutional level, so as to ensure equal treatment and an optimized business environment for foreign companies operating in China, and to persuade more of them to invest in China and benefit from the country's thrust on tech and innovation. How do you view China's efforts? How can China intensify such efforts, particularly in the context of any potential external or internal barriers?

MUKUND: The achievements of China's 40 years of reform and opening-up have attracted worldwide attention. And Benchmark ESG is honored to be a part of this legendary development. As a leading provider of cloud-based ESG software solutions, we have been firmly optimistic about the market prospects since entering China in 2009. Benchmark ESG's investment in China has been growing alongside the country's growing emphasis on safety in production and ongoing digital transformation. At the beginning of a new stage, we hope China will continue to pursue greater opening-up at a higher level, to give MNCs more opportunities for development and achieve win-win results.

WU: We have greatly benefited from the continuously improving business environment in China. As an international logistics provider, the efficiency of Customs clearance is critically important for us. In recent years, Chinese Customs has introduced a series of measures and digitalized approaches to streamline and accelerate the Customs clearance process, which significantly improves efficiency. Going forward, China's continuous opening-up will ultimately lead to an improved business environment, and we are confident that the focus on sustainable development of the Chinese economy will greatly benefit international trade. DHL Express will continue the solid partnership with Sinotrans and invest to keep our business in China growing.

BURRAGE: Hays has benefited from China's opening-up from the perspective of equal market entrance. In the past decades, we have established offices in Beijing, Shanghai, Guangzhou, Shenzhen and Suzhou, providing our services to both multinational and domestic companies. The most recent China International Fair for Trade in Services, along with many other major trade events, such as the China International Import Expo, are very good examples of China's efforts to create opportunities. Its ongoing efforts to optimize the business environment and its drive for fair competition have been providing more convenience for the operations of foreign investors and companies. As China continues to provide more stability and certainty for businesses, it will attract more foreign investors with its huge market potential.

DEPOUX: China has been emphasizing fostering a new development paradigm through high-level opening-up, and foreign business will continue to play an important role in China's future economy. Senior decision-makers from headquarters overseas need to understand and engage more with the Chinese market, and entrust further investment into it. This will not go without human exchanges, with short business travel as well as expatriates, experts and decision-makers in the country.

BOZEC: The expansion of China's high-level opening-up and reform of the business environment further enhances the attractiveness and resilience of the Chinese economy, making the Chinese market one of the most dynamic and influential in the world. The optimized business environment has spurred the vitality of companies and brands like ours, while the increasingly open market has created an excellent business environment for investment and growth of foreign enterprises.

We strongly believe that the promotion of a series of favorable policies for enterprises has fueled great momentum in the market. This has provided us with more opportunities to participate in the market's development and enhance communication with partners.

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