Connectivity, logistics to boost China's growth: biz leaders

Infrastructure connections and logistics are expected to further boost China's economic growth by attracting foreign investment said business leaders and industry experts during recent interviews with China Daily website.

Nicolas Poirot, president and CEO of Air Liquide Greater China, said the efficiency of infrastructure connections, such as roads, ports and airports, provides a strong argument for multinational companies to invest in China in long-term.

The proximity within supply chains makes China an attractive and economically viable investment destination, said Poirot, who is also president of the Council of Association of International Chemical Manufactures.

Other factors that multinational companies consider when making investment decisions include stability, costs, labor and energy.

In regards with investment interest in China, he highlighted that the high-tech sector remains strong, including semiconductors, fiber optics and electric vehicles.

Cities such as Shanghai, Beijing, Wuhan in Hubei province and Shenzhen in Guangdong province have emerged as favorable locations for investment, drawing the attention of both major corporations and startups.