Chinese companies playing key global role

By ZHONG NAN | China Daily | Updated: 2023-12-19 08:26
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Visitors are attracted by an industrial robot at the expo. [WANG JING/CHINA DAILY]

Despite concerns raised by the US' "decoupling" efforts regarding geopolitical risks, the primary objective for multinationals remains the pursuit of profits and sustainable development.

Wang Xiaosong, a professor of economics at Renmin University of China, said the vast Chinese market and ongoing improvements in the business environment continue to make the country an appealing market for global investors.

French shipping group CMA CGM, eager to secure more market share in China, said early this month it had launched a new service between China and India. Operated by five vessels, the service will cover the ports of Shanghai, Ningbo-Zhoushan, Singapore, Colombo, Mundra and Nhava Sheva.

CMA CGM, which is based in Marseille, France, said the new service connects to its network operating from Southeast Asia via Singapore to ports in India, allowing customers in these regions and around the world to enjoy faster and more convenient services.

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