For decades, the northeastern Chinese mainland city of Dalian has stood as a beacon for foreign investment, particularly attracting Japanese companies drawn by its geographical proximity, similar climate, and robust economic infrastructure.
Despite recent concerns voiced by some foreign governments about “economic coercion” and calls for de-risking supply chains and operations in the Chinese mainland, many foreign firms remain steadfast in their commitment to the region. These companies continue to expand their investments, underscoring confidence in the Chinese mainland’s high-level opening-up policies.
“Our long-standing relationship with Dalian has been mutually beneficial,” said a representative of a leading Japanese manufacturing firm. “The city’s strategic location and supportive business environment have been instrumental in our growth.”
The Chinese mainland has been actively promoting policies to further open its economy to foreign investors. These measures include easing market access, enhancing legal frameworks to protect foreign enterprises, and fostering a more transparent and fair business climate.
Analysts believe that these efforts have reinforced foreign companies’ confidence. “The commitment to high-level opening-up demonstrates the Chinese mainland’s dedication to international cooperation and economic globalization,” noted an economic expert from a think tank focusing on Asian markets.
Dalian, in particular, has implemented initiatives to attract and retain foreign businesses, such as offering incentives, improving infrastructure, and facilitating smoother administrative procedures.
As global economic dynamics evolve, the sustained interest and expansion of foreign firms in the Chinese mainland signal a positive outlook. The deep-rooted ties and continued investments not only benefit the foreign companies but also contribute to the region’s economic development, fostering a collaborative future for international business.
Reference(s):
cgtn.com
