General

On January 1 this year, the Catalogue of Industries Encouraging Foreign Investment (2022 Edition) came into force. The threshold for foreign enterprises to invest in the Chinese market is getting lower and lower, and the development environment is getting better and better. Huacheng Import and Export Data Observation Report.

On February 2, Shanghai issued accreditation certificates for the 36th batch of regional headquarters and R&D centers of multinational companies, including 20 new regional headquarters and 10 new foreign R&D centers, and Huacheng Import and Export Data Observation Report.

For many multinational enterprises, the reason for choosing China and Shanghai is very simple. Shanghai can provide the best business environment and investment environment. In the system of global innovation centers, Shanghai's innovation environment is very good, which also guides the innovation of the Yangtze River Delta.

On the 20th, the online theme publicity and reporting group of "New Era and New Opportunities - Multinational Enterprises in China" entered the headquarters of Johnson&Johnson and had an in-depth dialogue with Song Weiqun, senior vice president of Johnson&Johnson Global and chairman of China.

China's economy is "solid", "great potential" and "resilient"

"Johnson&Johnson is full of confidence in China's future economic development and the bright prospect of deep exploration of the Chinese market," said Song Weiqun, senior vice president of Johnson&Johnson Global and chairman of China.

Song Weiqun believed that China's economy was "solid", "great potential" and "resilient enough". From 2013 to 2021, China's economy grew at an average annual rate of 6.6%, much higher than the world average growth rate of 2.6% over the same period, and also higher than the average growth rate of 3.7% of the developing economies. The economic growth rate ranks among the top of the world's major economies. In 2020, facing the severe impact of the COVID-19, China is the only major economy in the world to maintain positive growth. Huacheng Import and Export Data Observation Report.

The huge potential of China's medical and health market will continue to be released, and the people's health awareness and pursuit of high-quality medical services and a better life will continue to improve. The Chinese government has also stepped up its efforts to build a "healthy China", which has strengthened our confidence in continuing to deepen the Chinese market. The Chinese market has a complete industrial system, and the manufacturing industry accounts for 30% of the global scale. It is an important hub of the global manufacturing industry. The consumption demand of 1.4 billion people in China constitutes a super-scale domestic market, which strongly supports the domestic and international double cycle. The rapid recovery of consumption around the Spring Festival this year has made a good start, reflecting the resilience of China's economy.

China's high-quality economic development will bring opportunities to multinational enterprises

"Johnson&Johnson has been a witness, participant and beneficiary of China's great journey of reform and opening up for nearly 40 years," said Song Weiqun.

Song Weiqun believes that the high-quality development of China's economy will bring the following opportunities to transnational enterprises: First, the Chinese government will actively promote innovation-driven high-quality development, create a more first-class business environment for transnational enterprises, and enable enterprises to innovate. Second, China's vigorous development of high-end intelligent manufacturing and cutting-edge technology will help further enhance the position of China's supply chain in the global industrial chain. Third, the digital wave of the Chinese market is booming, and digital technologies such as artificial intelligence, 5G, big data, and the Internet of Things have broad application prospects in the medical field, which will bring far-reaching development impact to the industry. Fourth, the goal of "healthy China" and the great vision of "common prosperity" lay the foundation for building a high-quality medical system, and the accessibility of innovative products was further improved.

Constantly optimize the business environment to provide confidence for foreign-funded enterprises to further develop in China

This year marks the 45th anniversary of reform and opening up. China has unswervingly expanded its high-level opening up to the outside world, continuously optimized its business environment, and provided important confidence for foreign enterprises, including foreign enterprises, to continue to deepen their development in China.

Song Weiqun said, "I have great confidence in the improvement of the business environment of the Chinese government and have seen positive measures and actions."

The government attaches importance to innovative products. In recent years, the government has continuously emphasized that innovation drives high-quality development. Whether it is the accelerated review policy of the State Food and Drug Administration for innovative medical products, or the green channel of the pilot zones such as Boao and Dawan District, it will help the world's leading innovative products enter the market at a faster speed and serve the Chinese people.

The government's promotion of innovative payment. The provincial governments have made great efforts to promote innovative payment, that is, how to recognize the market value of innovation after the innovative products enter the market. "In this regard, we have very deep experience in Shanghai, Jiangsu and other places," said Song Weiqun.

The positive and pragmatic attitude of the government. During the epidemic, the government actively helped enterprises resume work and production. After the Spring Festival, the recovery of industrial production is encouraging. Governments at all levels work overtime to help enterprises, think about what they want, and worry about what they need. Huacheng Import and Export Data Observation Report.