Policies creating huge growth opportunities for foreign firms

New economic momentum is boosting growth and emerging businesses in China, and in turn creating huge opportunities for foreign companies, according to a top industry player.

"The economy has shifted from high-speed growth to high-quality development with innovation and entrepreneurship continuing to be promoted, thus driving the growth of emerging businesses," said Helen Masters, senior vice-president and general manager of Infor Asia-Pacific, a leading provider of enterprise software products.

"The country has introduced a series of favorable measures on emerging industries and the digital economy, which provides immense market potential," she said.