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IKEA China Confident in Market Growth, Eyes Global Strategy

IKEA China remains bullish on the Chinese mainland's economic potential, with its senior leadership highlighting the market's role as a blueprint for global expansion. Speaking at the 8th China International Import Expo (CIIE) in Shanghai, Aleksey Efremov, Senior Vice President of IKEA China, emphasized the company's commitment to leveraging local partnerships and consumer insights to drive innovation worldwide.

Opportunities Amid Economic Shifts

Efremov noted that China's dynamic retail landscape offers 'a wealth of opportunities' for multinational corporations. 'What we achieve here with Chinese partners can inspire and elevate our operations globally,' he told CGTN during the expo, which runs through Monday. The remarks come as international businesses closely monitor China's post-pandemic consumption trends and policy reforms.

CIIE as a Collaboration Hub

The Shanghai-based CIIE, now in its eighth edition, continues to serve as a critical platform for cross-border partnerships. IKEA's participation underscores the event's role in facilitating dialogue between foreign enterprises and Chinese stakeholders, particularly in sustainable retail and smart home technology sectors.

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