ibut

or to world growth."From 2013 to 2017, China contributed more th

nts in China this year, having achieved a record 30 per▓cent growth in the country in 2017.What helped ▓Danfoss in China were the government's massiv▓e investments in the fields of green energ▓y and energy-efficient technologies to tackle the chall▓enges of climate change and pollution."We▓ ha

an 30 percent of world

ve been benefitting from China's reform a▓nd opening-up policy, and we are very optimistic ab▓out our future in China, which is our second home market," said Kjeld St

economic growth, more

ark, president of Danfoss China."The strong growth in China is a clear sign ▓of the perfect alignment between our business portfoli▓o and China's development initiati

tha▓n the combined c

ves,"▓ said Stark. "China has contributed one-third of th▓e group's overall growth last year."In 2017, Danfoss del▓ivered the highest sales growth in six years: its sa

ontribut

ions of the United States, Japan, and the eurozone, according to World Bank data.China has also pl▓edged to expand imports, a major and a more direct way to share its develo

les increased 10 percent year-on-year to 5.8 billon euros ($7.16▓ billion).Despite challenges like rising unilateralism and protectionism elsewhere in the world, France's Schneider Electric SA believes China's new round of opening-up will not o▓nly bec

pment ▓op

ome a main source of the country's own developmen▓t, but also bring opportunities and shared prosperity to the whole world."Chi

portunitie

na's new direction, further reform and openness, will

s with the

c▓ertainly bring more opportunities to Schneider▓ Elec

world."Wi

tric. The opportunity is mainly in areas including gre

th t▓

en city development, industrial auto▓mation and Interne

he world

t Plus-related businesses," said Je▓an-Pascal Tricoire,

's largest

Schneider Electric's chief executiv▓e officer.Tricoire

Collect from 企业/
  • said the tangible de▓velopment relating to the Belt and Road Initiative will become another highlight for China to further expand its market-opening channels, he said.Schneider Electr▓ic has already worked

    populatio

  • with a number of Chines▓e companies such as China National Building M▓aterials Group Co in markets related to the initiative, especially in Europe and Africa.Sch▓neider Electric has also engaged in innovative

    n, China

  • works of Chinese startups as the Chinese government has already pledged to make the home market a place for "domestic and foreign firms regardless of their ownership to c▓ompete on a level playing field"."C

    can pro

uge mark

l supply, introd▓uce professionals and advance market-oriented ref▓orm," he said.In the report of the 19th National Congress o

et for other countries and regions

f the Communist Party of China in October last year and the Government ▓Work Report in March, the government reiterated China wil▓l follow inter

w▓ith industrial and infrastruct

national economic and trading ru▓les, increase transparency, strengthen proper▓ty rights protection, uphold the rule of law, encourage competiti

ure advantages," said Gao ▓Feng,

on and oppose monopolies."With the renewed ple▓dges, China will become well-positioned to achieve high-quality development, the fundamental requi

spokesman for the Ministry of Co

rement for determining the development path, making econom▓ic policies, and formulating macroeconomic regulation," said William Liu, China unit

mmerce.D

head for Linklaters LLP, t▓he international law firm.Sherri He, partner and head of co▓nsumer and retail industry, at the Chi

na branch of A.T. Kearney, a global management consulting firm

, said further opening-up of

China's manuf▓acturing industry will benefit not o▓nly foreig

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