MNCs set to expand presence in Chinese market

XIAMEN - Advancing with a more localized development strategy, foreign firms are expanding investment in the Chinese market on a strong belief in the country's future.

Over 100 senior leaders from US companies, acting as a delegation of the American Chamber of Commerce (AmCham) South China, have demonstrated their interest in creating a greater presence in China. They attended the China International Fair for Investment and Trade in the coastal city of Xiamen, East China's Fujian province, for the 17th consecutive year.

"We are here at CIFIT to make sure that we have the avenues and ways of doing business with our friends in China," said Harley Seyedin, president of AmCham South China.