At the opening of the 19th Congress of the Chinese Communist Party on October 18, 2017, President Xi Jinping spoke of the “Chinese dream” or, in other words, the reaffirmation of the splendor and power of the Chinese Empire. Medium. Contrary to what one might think, this objective notably results in greater international openness, in particular through a more favorable attitude towards foreign companies with which China wishes to collaborate. To this end, China protects the rights and interests of foreign investors.
The path to the world's leading power
In a context of “socialism with Chinese characteristics”, Xi Jinping, elected by the delegates for a new 5-year term, wishes to enter a new era. Its objectives firstly concern social aspects, notably the reduction of poverty within its country, the reduction of inequalities and the fight against corruption. Aero Leads In addition to the social aspect, these decisions also have important consequences on the development of the internal market, and therefore on future growth.
Regarding the economic aspect, China is working on the development of the Silk Road with the pursuit of several objectives, such as its economic opening, its progress in innovation and its pronounced commitment to environmental protection. This economic challenge can prove beneficial for foreign companies already established in the Middle Kingdom as well as for those who aim to establish themselves there.
What impact for French companies?
Although it remains difficult to compete with China in certain sectors, the opportunities are increasingly greater for foreign companies wishing to develop there. Indeed, if the country’s objective is to realize its Chinese dream, it also understands that it cannot do it alone , and is therefore open to the idea of partnership, especially in sectors such as advanced technology or environment, sectors in which China remains behind.
Likewise, within the framework of the Silk Road project, UAE Phone Number List
China is also counting heavily on collaboration with foreign countries with a view to sharing knowledge and playing a more important role in this great project with horizon a sustainable development perspective. This new logistics route also brings sources of productivity and value to the supply chain of many French companies.
Finally, the growth of the domestic market opens up real opportunities in consumer products, particularly in the strong points of the French economy: food, cosmetics, perfumery, fashion, etc.
