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Foreign businesses eye great potential in Chinese market

CKN
minutes 2021/03/22 10:17:44
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Mar 22, 2021 (China Knowledge) - Foreign-invested companies are bullish on the Chinese market, impressed by how China managed to curb Covid-19. Foreign direct investments into China increased 31.5% year-on-year in the first 2 months of the year, with an increase of USD 27 bln.

Amorepacific Corp, a beauty and cosmetic giant from Republic of Korea has already signed up for the 4th China International Import Expo (CIIE).

Part of China’s lure of international brands is the huge potential in domestic demand, which has continuously growing with no signs of easing.

China’s directives to open its domestic market to the world would form a circulation where domestic and overseas markets reinforce each other, in turn increasing the market potential.

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