New expectation of "Old face"-- improvement of Business Environment in China into "charm password" of Expo

| gov.cn

Xinhua News Agency, Shanghai, November 10, by wire: the new expectation of "old face"-- the improvement of China's business environment into the "charm password" of the Expo

Xinhua News Agency reporters Sang Tong and Pan Qing

"I will come again next year!" At the second China International Import Expo supply and demand meeting hosted by the Bank of China, Laszlo, an exhibitor from Hungary, could not hide his excitement. In his view, the two consecutive Expo has been able to successfully "hold hands" with Chinese partners, thanks to the promotion of a good business environment in China.

As an "old face" at the docking meeting, Laszlo operates the Primus mineral water brand, which provides high-end mineral water for five-star hotels, first class aircraft and embassies. At the first Expo, he successfully found a partner through the "matchmaker". This year, he brought his family to Shanghai for a three-day docking meeting, hoping to explore more opportunities for cooperation.

A subsidiary of Shanghai Guangming Group has conducted in-depth exchanges with it. "I am very grateful to the staff of the Bank of China for their help and take the initiative to find such a strong enterprise for me!" Laszlo said.

At the Expo, there are numerous examples of people like Laszlo with the help of the Chinese government and services. China's "soft power", represented by the business environment, is entering the hearts of enterprises from all over the world, and has also attracted a lot of "repeat customers" for the Expo.

The "door" of the market is opening wider and wider. How to stimulate the vitality of the market by optimizing the business environment has become an important issue for an open China to further attract and boost international investment. How are you doing on this "subject"? It is not difficult to find the answer at the Expo.

"at the Expo last year, our company brought in two innovative makeup technologies. It is precisely because of the help of the Chinese government that we have been able to land in China again this year. " Amelia Pacific China President Gao Xiangqin said.

Gao Xiangqin said: during the first Expo, responsible persons of relevant government departments came to the booth several times to understand the specific situation on the spot. After learning that due to policy restrictions, they did not have the conditions to introduce the Chinese market, they came to the company immediately after the exhibition to help find opportunities for companies to get in close contact with Chinese consumers.

"under the joint guidance of industry regulators and local governments, we have accelerated the pace of landing of these two technologies in China." Gao Xiangqin said.

Over the past year, many foreign companies have benefited from a series of opening-up measures in China, such as promoting cross-border e-commerce, replicating and promoting free trade pilot areas, and optimizing customs clearance facilities. European food giant Danone Group is one of them.

In August this year, Danone opened its own warehouse in Nansha Free Trade Zone smoothly. It took only more than half a year from preparation to the formal opening of the warehouse.

"the opening of the first cross-border e-commerce warehouse in mainland China means that Danone New Dihiya's cross-border e-commerce products can be shipped directly from overseas factories to Nansha Free Trade Zone, more efficiently docking major e-commerce platforms. As a result, logistics and warehousing costs have been greatly saved. " Zhu Nan, director of import and logistics at Danone, said this will help Danone's high-quality products enter China at a faster speed.

In the year since the first Expo, the policy of reducing taxes and fees has been on the ground, and foreign-funded enterprises have really experienced the improvement of the business environment in China.

Johnson Control, which entered China as early as the 1990s, is deeply impressed. Thanks to a series of tax cuts and fee cuts, such as individual tax reform, Johnson's self-controlled personal income tax fell by 7.06 million yuan, or 55 per cent, in the first nine months of this year compared with the same period a year earlier.

"these 'saved' taxes not only help us expand our talent advantage, but also allow companies to invest more money in R & D and intelligent manufacturing." Said Zhu Yonghuan, vice president of Johnson self-control and general manager of China.

As Wu Yue, president of LVMH Greater China, said, within a year, many multinational companies are deeply aware of the rapid progress in the business environment in China, which makes people look forward to it.

According to the 2020 Business Environment report released by the World Bank a few days ago, China's business environment assessment scored 77.9 out of 100 this year, ranking 31st in the world, an increase of 15 places over last year. For the second year in a row, it has been listed as the top 10 economies in the world to improve the business environment.

"with the help of the Expo, Ikea received a large number of design intentions for hardcover houses, long-term rental apartments and office space, making a good start to the new public business." Anna Curijia, president and chief sustainable development officer of IKEA China, said that the vast market and the improving business environment have further enhanced Ikea's confidence in the Chinese market. Ikea has signed up for the third Expo.

"the contract has been signed and we will come back next year!" At the end of the second Expo, many exhibitors made such a commitment. China's efforts and achievements in creating a market-oriented, legalized and international business environment have become an important "charm code" for the Expo.

New expectation of "Old face"-- improvement of Business Environment in China into "charm password" of Expo

| gov.cn

Xinhua News Agency, Shanghai, November 10, by wire: the new expectation of "old face"-- the improvement of China's business environment into the "charm password" of the Expo

Xinhua News Agency reporters Sang Tong and Pan Qing

"I will come again next year!" At the second China International Import Expo supply and demand meeting hosted by the Bank of China, Laszlo, an exhibitor from Hungary, could not hide his excitement. In his view, the two consecutive Expo has been able to successfully "hold hands" with Chinese partners, thanks to the promotion of a good business environment in China.

As an "old face" at the docking meeting, Laszlo operates the Primus mineral water brand, which provides high-end mineral water for five-star hotels, first class aircraft and embassies. At the first Expo, he successfully found a partner through the "matchmaker". This year, he brought his family to Shanghai for a three-day docking meeting, hoping to explore more opportunities for cooperation.

A subsidiary of Shanghai Guangming Group has conducted in-depth exchanges with it. "I am very grateful to the staff of the Bank of China for their help and take the initiative to find such a strong enterprise for me!" Laszlo said.

At the Expo, there are numerous examples of people like Laszlo with the help of the Chinese government and services. China's "soft power", represented by the business environment, is entering the hearts of enterprises from all over the world, and has also attracted a lot of "repeat customers" for the Expo.

The "door" of the market is opening wider and wider. How to stimulate the vitality of the market by optimizing the business environment has become an important issue for an open China to further attract and boost international investment. How are you doing on this "subject"? It is not difficult to find the answer at the Expo.

"at the Expo last year, our company brought in two innovative makeup technologies. It is precisely because of the help of the Chinese government that we have been able to land in China again this year. " Amelia Pacific China President Gao Xiangqin said.

Gao Xiangqin said: during the first Expo, responsible persons of relevant government departments came to the booth several times to understand the specific situation on the spot. After learning that due to policy restrictions, they did not have the conditions to introduce the Chinese market, they came to the company immediately after the exhibition to help find opportunities for companies to get in close contact with Chinese consumers.

"under the joint guidance of industry regulators and local governments, we have accelerated the pace of landing of these two technologies in China." Gao Xiangqin said.

Over the past year, many foreign companies have benefited from a series of opening-up measures in China, such as promoting cross-border e-commerce, replicating and promoting free trade pilot areas, and optimizing customs clearance facilities. European food giant Danone Group is one of them.

In August this year, Danone opened its own warehouse in Nansha Free Trade Zone smoothly. It took only more than half a year from preparation to the formal opening of the warehouse.

"the opening of the first cross-border e-commerce warehouse in mainland China means that Danone New Dihiya's cross-border e-commerce products can be shipped directly from overseas factories to Nansha Free Trade Zone, more efficiently docking major e-commerce platforms. As a result, logistics and warehousing costs have been greatly saved. " Zhu Nan, director of import and logistics at Danone, said this will help Danone's high-quality products enter China at a faster speed.

In the year since the first Expo, the policy of reducing taxes and fees has been on the ground, and foreign-funded enterprises have really experienced the improvement of the business environment in China.

Johnson Control, which entered China as early as the 1990s, is deeply impressed. Thanks to a series of tax cuts and fee cuts, such as individual tax reform, Johnson's self-controlled personal income tax fell by 7.06 million yuan, or 55 per cent, in the first nine months of this year compared with the same period a year earlier.

"these 'saved' taxes not only help us expand our talent advantage, but also allow companies to invest more money in R & D and intelligent manufacturing." Said Zhu Yonghuan, vice president of Johnson self-control and general manager of China.

As Wu Yue, president of LVMH Greater China, said, within a year, many multinational companies are deeply aware of the rapid progress in the business environment in China, which makes people look forward to it.

According to the 2020 Business Environment report released by the World Bank a few days ago, China's business environment assessment scored 77.9 out of 100 this year, ranking 31st in the world, an increase of 15 places over last year. For the second year in a row, it has been listed as the top 10 economies in the world to improve the business environment.

"with the help of the Expo, Ikea received a large number of design intentions for hardcover houses, long-term rental apartments and office space, making a good start to the new public business." Anna Curijia, president and chief sustainable development officer of IKEA China, said that the vast market and the improving business environment have further enhanced Ikea's confidence in the Chinese market. Ikea has signed up for the third Expo.

"the contract has been signed and we will come back next year!" At the end of the second Expo, many exhibitors made such a commitment. China's efforts and achievements in creating a market-oriented, legalized and international business environment have become an important "charm code" for the Expo.





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