Editor's Note: The Government Work Report released on March 5 has charted a course for China's economic development for this year. By setting fairly robust growth targets, the country is set to be the locomotive pulling the world economy amid global economic headwinds. A number of pro-growth efforts have been unveiled to spur innovation and continue opening-up. The country has also released the Foreign Investment Law to better protect the rights of foreign businesses in China. China Daily polled senior executives from multinational corporations to understand their positioning, perception and predictions of the Chinese market.
China will maintain a flexible renminbi exchange rate and push forward reform of the foreign exchange regime, Pan Gongsheng, vice-governor of the central bank, said at the China Development Forum 2019 on Monday.
China will fully open the manufacturing sector and treat foreign companies in the same way as their Chinese counterparts, the country's top industry regulator said on Monday.
The tangible development of the Belt and Road Initiative could become a new economic world order in the long run, thanks to its massive population base, growing demand for infrastructure and economic movement, said the global head of a German industrial group.
Nestle China on Monday unveiled a new research& development center in Beijing and a system technology hub in Shenzhen to accelerate its trend-based innovation in the country, aiming to get closer to consumers and get products quicker to market.
Shanghai has upgraded two of its six export processing zones to comprehensive bonded zones in response to the country's latest efforts to further open up and shift its export-oriented development model.
Adisseo is a global leader in animal nutrition and health, particularly in the field of methionine.
Editor's Note: The Third Plenary Session of the 18th CPC Central Committee held in November 2013 decided to comprehensively deepen the country's reform and opening-up. China Daily interviewed top executives of well-known multinational companies for their views on the country's socioeconomic development during the past five years.
"Made in Xiongan" - with that phrase printed on his product labels, villager Wang Ermeng, 33, has carved an e-niche for his wares, attracting an increasing number of online shoppers, and confirming the tremendous growth potential in China's rural e-commerce.
Fresh efforts are under way to create a vibrant and flourishing job market in Xiongan New Area in Hebei province, with focus largely on occupational training and startup incubators, local government officials said.
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