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Global firms express confidence in Chinese market at CDF 2026

2026-03-23 09:05   环球时报网英文版

  Participants attend the China Development Forum 2026 in Beijing, capital of China, March 22, 2026. The China Development Forum 2026 kicked off in Beijing on Sunday. The theme of this year"s forum is "China in Its 15th Five-Year Plan Period: Advancing High-Quality Development and Creating New Opportunities Together." (Xinhua/Li Xin)

  The annual China Development Forum (CDF) 2026, which gathered nearly 100 senior executives from multinational companies, officially opened on Sunday in Beijing, where multiple representatives from food, retail, luxury fashion, and international consulting firms expressed strong optimism about the continued growth of China"s consumption market amid the opening year of China"s 15th Five-Year Plan (2026-30) period.

  In a statement to the Global Times on Sunday, Saravoot Yoovidhya, CEO of Thailand"s TCP Group, said that "as a Thai enterprise operating in China for more than 30 years, we have always regarded China as one of the most important markets in our global strategy."

  TCP Group has steadily expanded and deepened its business in China. The company has invested a cumulative 4.36 billion yuan ($630 million) in China since the 14th Five-Year Plan (2020-25) period. In 2025, it commissioned the second phase of its facility in Southwest China"s Sichuan Province and a new production base in South China"s Guangxi Zhuang Autonomous Region, demonstrating its firm commitment to investing in China.

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