Editor's note:

  Amid the great changes in the world, China has chosen to move towards "newness", promote high-quality development with new productive forces, and provide the world with new opportunities with high-quality development. With a new beginning in the new era, China News Network launched the "Move towards the 'New'" plan to analyze the new trends and new driving forces of China's economy and society, and witness the magnificent picture of China's modernization construction.

  China News Service, March 29 (Reporter Li Jinlei and Gong Hongyu) As spring blooms, two high-profile forums were held one after another in the north and south of China, which attracted attention.

  From the 2024 Annual Meeting of the China Development Forum to the 2024 Annual Meeting of the Boao Forum for Asia, from the Diaoyutai State Guesthouse in Beijing to the Boao Town in Hainan, executives from well-known foreign companies have come to China one after another to perceive China's new atmosphere and seize new opportunities in China.

  Dai Pu, co-president of the Roland Berger Global Management Committee, attended the Boao Forum for Asia immediately after attending the China Development Forum.

  "New quality productivity is closely related to China's economic transformation" "I think many multinational companies in China will also benefit from the technological innovation in various fields that China is developing"... In Beijing, he talked about new quality productivity.

  "A new growth model will be shaped, and the new Chinese story will be composed of the three major engines of innovation, decarbonization and consumption"... In Boao, he shared his views on China's new story.

  Dai Pu, Co-President of Roland Berger Global Management Committee. Photo by China News Service reporter Luo Yunfei

  Like Dai Pu, many multinational company executives and overseas people have expressed their views and confidence in China's economic development.

Feel China’s new atmosphere

  China is telling a new story to the world, and one of the cores of the new story is undoubtedly new productive forces.

  "New quality productivity creates more added value and helps improve productivity through high value-added products and innovative process technology products." Dai Pu said that China is promoting economic transformation and upgrading, and China's new growth potential also exists in it. In today's turbulent world economy, the Asian economy, especially the Chinese economy, has better vitality.

  Deloitte China Chairman Jiang Ying pointed out that China's market is very competitive, and its huge market size is its greatest confidence. The transformation of China's consumption structure and the government's consumption-promoting policies are constantly stimulating China's consumption potential.

  Bolleren, Chairman, President and CEO of Siemens AG, believes that high technology, high efficiency and high quality are the core contents of new productivity.

  Today's China is in a period full of vitality and change, with sustained economic growth, emerging technological innovations, and huge market potential. People of insight see China's leading position in the new round of technological revolution and industrial transformation, and also see China's important contribution to global economic development.

  Michele Geraci, former deputy minister of the Italian Ministry of Economic Development, said in an interview with China News Service that the increase in China's economy is huge. China has a huge consumer market and is one of the fastest growing economies in the world. Even at a growth rate of about 5%, China's economy is growing more than in the past, which is equivalent to growing half of the economic aggregate of a large European country every year.

  On March 26, the "Investing in Asia's Future" sub-forum at the 2024 Boao Forum for Asia Annual Conference was held in Boao, Hainan. Photo by China News Service reporter Luo Yunfei

Grasp China’s New Policies

  Through these two important windows, executives of multinational companies further feel that China's opening door is opening wider and wider.

  Dai Pu said that whether it is the China Development Forum or the Boao Forum for Asia, China has conveyed a positive message to the world: it has always firmly pursued opening up to the outside world. A batch of new policies to attract and utilize foreign investment have opened more industries to foreign investment, and more administrative restrictions have been lifted. "There is no doubt that this is what foreign companies are looking forward to seeing."

  China has successively launched new opening-up measures in recent times, including the "Action Plan for Solidly Promoting High-level Opening-up and Making Greater Efforts to Attract and Utilize Foreign Investment" to make it more convenient for foreigners to come to China to work, study, and travel, etc.

  Xu Shansong, executive vice president of Dassault Systèmes Asia Pacific, told China News Service that the Chinese government continues to increase its efforts to introduce foreign investment and optimize the investment and business environment, giving us full confidence in the development of the Chinese market. With its open and inclusive attitude, China is attracting more and more global companies to invest and start business, and jointly share the dividends of China's development.

  On March 24, the 2024 annual meeting of the China Development Forum opened in Beijing. Photo by China News Service reporter Sheng Jiapeng

Explore new opportunities in China

  Technology, green, innovation... In the two forums from north to south, many discussions centered on these keywords. They are hot words that the global society is paying attention to today, and they are also synonymous with China's new opportunities.

  Wu Chun, managing partner of the Boston Consulting Group (BCG) in China, said that new opportunities are emerging one after another in China, especially in the four fields of technological innovation, high-skilled talents, consumption-driven and green economy, showing greater advantages.

  "The Chinese economy has too many possibilities and opportunities." Jiang Ying said that the import and export data and tourism data in January and February both released warmth, and confidence in economic development continues to increase. China's smart, green and low-carbon development strategies will bring huge opportunities to market entities.

  Capturing "China's new opportunities" is not easy. The Chinese market is large enough, but the competition is also extremely fierce, which poses considerable challenges to foreign companies. Therefore, senior executives of foreign companies also know that only by deeply understanding the Chinese market can they better seize opportunities and achieve common development.

  "New stories in China's economy such as industrial upgrading and upgrading have provided new opportunities for the development of multinational companies." Dai Pu believes that China's double-digit average growth rate over the past few decades and China's important position in the global value chain have benefited multinational companies. A lot, and it has advantages in many aspects. In the future, companies that actively adapt to China's development trends will gain new development opportunities.

  "China is an important engine to win the future." Wang Lei, AstraZeneca's global executive vice president, international business and president of China, said that AstraZeneca is optimistic about the Chinese market and has increased its investment in Chinese manufacturing. In the past year, it has reached a total amount of $6 billion partnership agreement.

  China's economy continues to develop into "new" forces, which is attracting more foreign companies to continue to delve into the Chinese market. (over)