Multinationals deepen engagement in China’s new industrialization through intense innovation tours
2026-05-11 09:15 环球时报网英文版
Amid rising international uncertainty, China provides a stable operating environment for multinational corporations through institutional opening-up. The full liberalization of foreign investment access in the manufacturing sector and the deepening of services sector opening-up during the 15th Five-Year Plan period have continuously strengthened multinational corporations" confidence in long-term investment in China, Liu Minghua, CEO of Deloitte China, said on the company"s official website on March 18.
An innovation ecosystem powered by high-end talent, a complete industrial chain, rich application scenarios, and efficient institutional synergy is rapidly taking shape, deeply integrating into the global R&D network. More and more multinational corporations are no longer limiting themselves to viewing China as a production base or sales market, but are elevating it into a global strategic R&D center and industrial chain collaboration hub, he added.
Julian Jenkins, director of sales and brand at Rolls-Royce Motor Cars, said in an earlier interview with the Global Times that China"s 15th Five-Year Plan places strong emphasis on a higher level of opening-up, and "this opportunity is one where we very much support open trade and engagement, as we do around the world."
"For us, China is an important market, and we are very excited about the potential, and that is why we continue to invest," Jenkins said.
"You know, we are in China not only to serve the market," Daloz said. "We are in China also because innovation is now coming from China. The EV car is a good example. If you are not part of these ecosystems, in the end, you will not stay competitive in the long term."




