The strong performance of these foreign companies in the Chinese market can be primarily attributed to the resilience of the Chinese economy, the continuously optimized business environment, and the ultra-large market, Li Chang"an, an economist at the University of International Business and Economics, told the Global Times on Friday.

　　"With a population of over 1.4 billion, a globally unparalleled industrial system, and a per capita GDP surpassing $10,000, China is the world"s most promising consumer market. China"s ultra-large market is also a huge opportunity for the world," Li said.

　　According to data released by the Ministry of Commerce on April 24, 13,987 new overseas-invested enterprises were established in the Chinese mainland in the first quarter, representing a year-on-year growth of 11 percent. The actual use of foreign direct investment in high-tech industries went up 30.7 percent year-on-year to 102.73 billion yuan, accounting for 41.2 percent of the total, the data showed.

　　Just recently, Chinese e-commerce platform JD.com and French luxury brand Chanel have forged a strategic partnership, as a Chanel Fragrance and Beauty flagship store was formally launched on the platform, JD.com told the Global Times on Friday.

　　According to media reports, this marks Chanel Beauty"s fourth official e-commerce channel in China, following its existing official online boutique, Tmall flagship store, and WeChat boutique.

　　The expanded presence of Chanel in China came amid the country"s efforts to expand domestic demand and build a robust domestic market.

　　At a press briefing on April 17, the National Development and Reform Commission (NDRC), the country"s top economic planner, announced that China will formulate and implement a dedicated action plan for expanding domestic demand covering 2026 to 2030.