Foreign executives hail Chinese market, citing stability and transparency
By GT staff reporters
Global Times
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Pedestrians check out the splendid urban scenery on the North Bund of Shanghai on November 13, 2025. Photos on this page: VCG

Pedestrians check out the splendid urban scenery on the North Bund of Shanghai on November 13, 2025. (Photos: VCG)

The "two sessions" serve as a key window into China's economy, with the 2026 Chinese Government Work Report and the draft outline of the 15th Five-Year Plan (2026-30) emphasizing high-quality development and high-standard opening-up to attract foreign investment. Multinational executives told the Global Times these documents demonstrate China's commitment to stable, innovation-driven growth, offering clear opportunities for foreign companies. They expressed confidence in China's economy using keywords like "stability," and "transparency," citing the super market's expansion and reliable policy execution.

Engaging in China's opening-up  

China targets an economic growth of 4.5 percent to 5 percent this year and will strive for better in practice, according to the government work report submitted Thursday to the country's top legislature for deliberation.

As a crucial engine of global economic growth, China boasts a vast market, a complete industrial system, and surging momentum in innovation. The accelerated development of new quality productivity forces is continuously expanding its strategic emerging industries while driving large-scale transformation and upgrading of traditional industries, setting a global model for socioeconomic development. Renowned as a "power nation" but also as a hub for the AI industry, China presents broader development opportunities. These advantages have led Schneider Electric to regard China as a key pillar of its global strategy, said Yin Zheng, executive vice president of China & East Asia Operations, Schneider Electric.

This year's "two sessions" once again emphasized China's unwavering commitment to expanding opening-up and advancing high-level institutional opening-up, alongside the implementation of policies and the release of opportunities. This has further strengthened Bayer's confidence in growing in China and sharing the opportunities generated by China's opening-up, said Anthia Zhang, vice president of Communications with Bayer Group Greater China & North East Asia.

"The door of China's opening-up is opening wider and wider, injecting momentum for foreign enterprises to cultivate the Chinese market and develop alongside local companies. We are not only beneficiaries of China's opening-up, but also active participants — in the past, present and future," Zhang said.

"This is immensely encouraging and deeply inspiring!" Saravoot Yoovidhya, CEO of Thailand's T.C. Pharmaceutical told Global Times.

"We have benefited from China's policies and have witnessed the continuous opening-up and development of the Chinese market. China's stable and transparent business environment, consistently aligned with high international standards, is the foundation for multinational enterprises to take root," he said.

"If I had to choose two words to describe the future potential of the Chinese market, I would choose 'stability' and 'confidence'. 'Stability' comes from the predictability of the system, while 'confidence' stems from the enormous market size and the vibrant consumption upgrades," said the CEO.

'Innovation incubator'  

Shen Danyang, head of the group responsible for drafting this year's government work report, said that this year's government report adheres to the theme of promoting high-quality development. The report introduces numerous innovative measures aimed at accelerating the cultivation of new growth drivers and speeding up self-reliance in high-level science and technology. These include creating new models for the intelligent economy, expanding and upgrading the service sector and strengthening original innovation and breakthroughs in key core technologies.

Foreign executives interviewed by the Global Times stated that one of the major strategic tasks outlined in the 15th Five-Year Plan is to "strengthen the domestic economy by focusing on domestic circulation." Given the complex international environment, it is imperative to adhere to the strategic foundation of expanding domestic demand.

"By further deepening our strategic map in areas such as new energy vehicles, intelligent manufacturing, green and low-carbon transition, and the low‑altitude economy, we plan to seize new market opportunities," said Zhang Ying, managing director of Dassault Systemes Greater China. "In the low‑altitude economy in particular, Dassault Systemes has already entered into in‑depth cooperation with several leading companies to drive breakthroughs in eVTOL technology. We look forward to working with Chinese partners to promote more innovative applications in these emerging fields and accelerate the global roll‑out of the technology."

HPE has always regarded China as an important "innovation incubator." "We not only bring globally leading enterprise-grade technologies and hybrid cloud platforms to China, empowering the development of the local real economy and new quality productive forces; at the same time, we are also actively exporting innovative business models and application scenarios nurtured in China to the rest of the world, achieving a two-way flow of technology and market value within the global network," said Zhu Haixiang, Global Vice President & Managing Director of HPE China.

From 'In China' to 'From China'  

China has been, is and will definitely remain an ideal, secure and promising investment destination for foreign businesses, Lou Qinjian, spokesperson for the fourth session of the 14th National People's Congress, made the remarks at a press conference on Wednesday.

China's economy has pressed forward against headwinds toward innovation-driven and high-quality development, Lou said. A key factor is that China boasts the world's largest manufacturing system by scale and with the most complete industrial categories, making it a crucial link in global industrial and supply chains.

Leveraging its vast market, complete industrial chains, continuously improving business environment, and increasingly stronger innovation capabilities, China has brought together global players. The strength cultivated here will become their competitiveness on the world stage, enabling more foreign-invested enterprises to shift from being "in China" to emerging "from China."

Jerrity Chen, head of North Asia Region, Louis Dreyfus Company said that over the past half-century of operations in China, they have witnessed how the country's continuous promotion of high-level opening-up and ongoing optimization of the business environment have built a resilient and dynamic food and agricultural products market.

The Chinese market has evolved from a crucial node in our global trading network into a strategic engine driving Louis Dreyfus Company's future growth. We remain committed to developing alongside China, seizing growth opportunities, and contributing to the modernization of Chinese agriculture while meeting the evolving demands of the market, he added.

As a multinational corporation deeply rooted in China for over five decades, Ecolab has always adhered to a long-term perspective and regards China as one of its core strategic markets globally. We firmly believe that the strong resilience and innovative vitality of the Chinese economy provide the most fertile ground for growth for companies committed to sustainable development, said Christina Kong, executive vice president and Market Head, Greater China of Ecolab.

For this reason, Ecolab will continue to increase its investment in China, upgrading production bases, expanding R&D centers and strengthening talent team building and innovation ecosystem development, Kong added.

"China's continued opening-up allows foreign companies like Henkel to participate more deeply in the country's industrial development, creating numerous opportunities for us and reinforcing our confidence in growing our business here. The continuously improving business environment enables us to confidently and steadfastly establish our innovation and production capabilities in China, marking a transition from 'entering the market' to 'taking root and co-creating value here,'" Anna An, president of Henkel Greater China, told the Global Times.

She noted that in the first year of the 15th Five-Year Plan period, China has explicitly stated it will further expand high-standard opening-up and strengthen service guarantees for foreign enterprises, presenting foreign companies with a more transparent, fair and predictable business environment.