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according to foreign media reports, in order to save costs, the german volkswagen group is considering closing its factories in germany for the first time. the news caused quite a stir. it is worth mentioning that in the first half of this year, volkswagen just announced that it would invest 2.5 billion euros in china to expand its production base and innovation center in hefei, china. the comparison between the two is quite intriguing.

not only volkswagen, but also more and more european and american companies have invested in and built factories in china in the past two years. tesla's energy storage super factory project in shanghai started last year. this is tesla's first energy storage super factory outside the united states; bmw group increased its capital by 20 billion yuan to upgrade the scale and technological innovation of the shenyang factory; bayer group announced an investment of 600 million yuan to build a new supply center in qidong, jiangsu; american pharmaceutical giants astrazeneca and moderna have successively built new pharmaceutical factories in china... when some european and american politicians keep talking about "decoupling" and "de-sinicization" and instigate or even force some companies to give up the chinese market, many foreign companies have "voted with their feet" one after another, which is obviously not an impulse. it is not "de-sinicization", but "going to china", from "making in china" to "creating with china", which is to use practical actions to smash the fallacy of "decoupling and breaking the chain".

as beneficiaries of economic globalization and trade liberalization, multinational companies allocate resources around the world with the goal of maximizing profits. in the past few years, the global industrial chain and supply chain have been restructured at an accelerated pace, and multinational companies have undoubtedly felt the changes. in a complex environment, where the risk is lowest and the return is highest, sensitive companies will naturally choose there. china's economy is resilient and has great potential, with the world's largest and fastest-growing middle-income group. as a "world market", china has maintained its position as the world's largest country in goods trade for seven consecutive years. the strong hinterland of the internal circulation and the vast space for the dual circulation are pregnant with a large number of demands and business opportunities, and are also the basis for china to hedge against external challenges. at the same time, china has the most complete industrial system in the world, a pragmatic and efficient government, and a strong ability to integrate resources, and is particularly good at turning "impossible" into "possible". from factory construction to production to mass production, tesla's shanghai super factory took less than a year, which is the best example.

"go to china", foreign companies are calculating not only the current profit account, but also the future development account. in recent years, china's innovation and green development momentum is strong, and many important fields such as photovoltaics, new energy vehicles, and high-end equipment have ranked among the world's advanced ranks. in the first half of the year, the added value of high-tech manufacturing industries above designated size increased by 8.7% year-on-year, and investment in high-tech industries increased by 10.6% year-on-year. strong innovation vitality marks the infinite possibilities ahead and brings companies hope and opportunities to "win in the future." taking electric vehicles as an example, mckinsey recommends that european car companies strengthen cooperation with china and explore new markets, otherwise the gap with china will further widen. there are similar questions in many economic forums, "in the past 10 or 20 years, everyone has enjoyed and experienced the dividends of china. where is the next china?" in response, many multinational companies have given the answer of "the next china is still china" with practical actions.

china's development brings opportunities, not challenges, stability, not turbulence, and insurance, not risks, to the world. facts over the past few decades have proved that the chinese economy has been moving forward steadily despite the wind and rain. those who respect facts and market rules, understand the logic of china's economic growth, and have a vision for development can always make wise judgments and benefit from the long-term stable growth of china's economy. today, when economic globalization is encountering "countercurrents", china continues to promote high-level opening up to the outside world and is willing to make the "cake" bigger and share the "cake" with the world. faced with such partners, business people are clear-headed. what can some politicians who are noisy all day or pretend to be asleep and blind change?

the fertile soil of openness and innovation is a hotbed for investment and business. data shows that from january to july this year, 31,654 new foreign-invested enterprises were established nationwide, an increase of 11.4% year-on-year. i believe that more foreign-invested enterprises will invest in china and take root in china, continuing to write stories of working together and achieving win-win development.

source beijing daily client | commentator chao xing

editor: hu yuqi

process editor: ma xiaoshuang