JINAN, Aug. 17 (Xinhua) -- Robotic arms hum while workers move with precision through Taiho Kogyo Corporation's workshop in Yantai, east China's Shandong Province, as engine and compressor bearings roll off the production line not only for automakers like Toyota and Volkswagen but increasingly for China's thriving luxury motorcycle scene.
The Yantai-based company, a wholly owned subsidiary of Taiho Kogyo Co., Ltd., has been "granted full autonomy" by its Japanese headquarters to develop and produce for the Chinese market, said Junji Koshima, general manager of the subsidiary.
He added that this local decision-making allows the company to respond more quickly to demand while tapping into China's rapid growth and vast market potential.
Europe-headquartered Louis Dreyfus Company (LDC), a Fortune 500 global merchant and processor of agricultural goods, broke ground in late June on a 7-billion-yuan (about 981 million U.S. dollars) food technology industrial center in the port city of Qingdao.
Spanning 153,000 square meters and slated for completion in 2027, the industrial center will specialize in oilseed processing, specialty feed proteins, and food-grade phospholipids production. Once operational, it is expected to produce 1.5 million tonnes of feed protein, 370,000 tonnes of refined oil, and 15,000 tonnes of phospholipids annually, while creating approximately 200 local jobs.
Positioned as LDC's regional anchor in east China, the industrial center will closely integrate with local port logistics and feed processing industries, said James Zhou, LDC's chief commercial officer and head of the Asia region. Since entering China's cotton trade in 1973, LDC now generates roughly a quarter of its global revenue from the Chinese market.
Republic of Korea's CJ Group, a conglomerate with businesses spanning food, biotech, logistics, entertainment and retail, is also ramping up its investments. The company is expanding amino acid and food additive production in Liaocheng, Shandong, reflecting strong confidence in China's market prospects.
The global economy faces growing challenges from geopolitical tensions and trade uncertainties, while China is tackling these head-on by advancing high-standard opening up, injecting stability and momentum into global growth, said Sohn Kyung-shik, chairman of CJ Group, adding that the group is pursuing deeper partnerships and new opportunities in China.
Active in China since 1994, the group has attended all six editions of the Qingdao Multinationals Summit, a platform launched in 2019 to foster policy dialogue and facilitate project cooperation.
This year's summit in June drew 570 delegates from 43 countries and regions. Data from China's Ministry of Commerce showed that 59,000 new foreign-invested enterprises were established in the country last year, an increase of 9.9 percent year on year. Growth continued into the first half of 2025, with 30,014 new foreign ventures added.
To speed up institutional opening up, China launched the 2025 Action Plan for Stabilizing Foreign Investment, and revised and expanded the Catalogue of Encouraged Industries for Foreign Investment.
At PHINIA Delphi Automotive Systems (Yantai) Co., the largest Asia-Pacific investment by U.S.-based PHINIA Inc. in 30 years, automation and skilled workers drive precision manufacturing. Over the past decade, the fuel systems leader has invested more than 500 million U.S. dollars locally, building two plants and an R&D center. Local sourcing of materials has jumped from 10 percent to 90 percent, while annual sales have soared from 40 million yuan to 2 billion yuan.
Shandong is pivotal to PHINIA's global supply chain, said Simon Godwin, the company's vice president of government affairs, adding that they're boosting investments not just in traditional systems but also in clean energy.
中新经纬1月12日电 “上海市消保委”微信号12日发布2023年投诉情况通报。其中提到“小程序”“短视频”夸大宣传问题突出等7方面问题。 据通报，2023年上海市消保委共处理消费者投诉422874件，同比上升36.68%，推进 佐力药业新药获批 华东医药能否打赢大单品保卫战？ 每经记者 陈星 每经编辑 文多 华东医药(SZ000963，股价35.18元，市值617.21亿元)和佐力药业(SZ300181，股价10.70元，市值75.05亿元)的专利纷争或再升级。 1月7 中新经纬2月19日电 近日，大连万达集团股份有限公司(下称万达集团)新增一则股权冻结信息，其所持近5亿股权被冻结。 国家企业信用信息公示系统网站显示，万达集团被冻结的股权数额为49999.877万元，执行法院为甘肃矿区 网红自热火锅为何变冷了？ 不插电、不用火，就能吃上热腾腾的小火锅。 作为一种便捷、快速的食品，自热火锅曾受到不少消费者的追捧，这背后是快节奏生活中，“懒人”群体和宅经济的逐步兴起，让自热火锅一度成为一个新 【隔夜重磅】 特朗普“带货”卖鞋，一双399美元 据美联社18日消息，美国前总统唐纳德・特朗普近日突然出现在费城会议中心，并推销一款特朗普品牌球鞋，这双鞋定价399美元(约合2800元人民币)，被命名为“永不言败高帮 作者：陈灿平（天津市人民检察院副检察长）厦门是习近平生态文明思想的重要孕育地和先行实践地，筼筜湖综合治理是习近平生态文明思想的重要发端。1988年，习近平同志在厦门工作期间主持启动“综合治理 。本文链接：Economic Watch: Multinationals boost investment in China amid market optimismhttp://www.sushuapos.com/show-5-65463-0.html
声明：本网站为非营利性网站，本网页内容由互联网博主自发贡献，不代表本站观点，本站不承担任何法律责任。天上不会到馅饼，请大家谨防诈骗！若有侵权等问题请及时与本网联系，我们将在第一时间删除处理。