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China Daily / 2023-11 / 08 / Page015

China remains attractive investment destination

China Daily | Updated: 2023-11-08 00:00
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Editor's Note: With strong policy support, unremitting technological innovation and industrial upgrading, China's economic recovery continued to gather steam in the third quarter, with its GDP expanding by 4.9 percent from a year earlier, leading to a 5.2-percent year-on-year growth in the first nine months. China Daily presents a series of Q&As with top multinational corporation executives, discussing their perspectives on the Chinese economy and how they will position future business in China.

Q1 Given the complex current global economic and geopolitical situations, how do you position the Chinese market in your overall global business radar? What's your outlook for China's economy and your company's operations in the country for this year and next?

KASSOW: China is an important market for Munich Re, offering excellent growth opportunities. Last year, we experienced double-digit growth in China. Munich Re is a long-term partner for our clients in China. Together with them, we are working on building resilience against a number of risks. We have the balance sheet strength to commit substantial reinsurance capacity to the Chinese market and will continue to do so.

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