Foreign Firms in China Embrace ‘China-for-China’ Strategy Amid Global Shifts
Foreign companies in China adopt localized strategies and digital tools to navigate economic uncertainties, reshaping operations for sustainable growth.
Localization
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Volkswagen Accelerates Localization to Keep Pace with China’s Market
Volkswagen is intensifying its localization efforts in China by establishing a new R&D center in Hefei, aiming to shorten development cycles by 30% and keep pace with the dynamic Chinese market.