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China is both a big market and a new track: new opportunities for foreign investors

2024-08-10

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This article is transferred from [CCTV News Client];

Recently, large-scale equipment upgrades and consumer goods trade-in, or the so-called "two new" policies, have attracted widespread attention from all walks of life. As an important part of China's market entities, how do foreign-invested enterprises view the new opportunities brought about by the country's new policies?

When the reporter came to the European Union Chamber of Commerce in China, the person in charge told the reporter that nearly half of the more than 1,700 corporate members of the Chamber of Commerce are following up on the implementation of the "two new" policies. He said that many European companies have begun to study how to meet the conditions and actively participate in equipment renewal; many automobile and home appliance companies have also begun to see the driving effect brought by the old-for-new exchange of consumer goods.

President of the European Union Chamber of Commerce in China Yan Ci:We strongly encourage our corporate members to understand and research these policies to see if they are eligible to enjoy the dividends. Because we also see that competition is fierce here. So foreign companies need to invest, stay at the forefront of technology, bring the best products to China, and in some cases, develop products here for the Chinese market.