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China Daily / 2025-08 / 14 / Page014

Tech boom boosts MNCs in China mkt

By Zhong Nan | China Daily | Updated: 2025-08-14 00:00
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Nation's pursuit of innovation-driven, green growth helps expand global reach

China will continue to be a key center of exports, innovation and manufacturing for multinational companies despite uncertainty in the global economic and trade landscape, said executives of foreign companies.

They said foreign businesses are deepening their presence in China, leveraging advanced technologies in tandem with the country's mature industrial ecosystem and extensive supply chain networks — a combination that boosts efficiency, drives innovation and reinforces supply chain robustness.

Foreign-invested companies recorded a foreign trade value of 7.46 trillion yuan ($1.04 trillion) in the first seven months of 2025, up 2.6 percent year-on-year and accounting for 29 percent of China's total foreign trade. Meanwhile, their exports reached 4.1 trillion yuan, an increase of 4.9 percent on a yearly basis, data from the General Administration of Customs showed.

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