The two sessions offer a key window into China's economy and a prime opportunity for foreign firms to seize market prospects. This year's Government Report, with its clear signals of higher-standard opening up, has drawn significant attention from multinationals.
According to Chen Kai, China Chairman and Greater China Chief Executive of EY, the report sets a pragmatic yet ambitious tone. Commitments to deeper integration of technological and industrial innovation, alongside expanded independent opening up, underscore China's resolve to pursue win-win cooperation through innovation and openness.
Foreign investors are scaling up in AI and new energy. Nippon Paint is advancing green smart manufacturing; Qualcomm is co-developing 6G pathways for the AI era with local partners; Schneider Electric now operates five R&D hubs and an AI lab in the country—positioning China as a key innovation hub for global players.
More than 90% of surveyed foreign firms say that amid global uncertainty, China's stability and policy predictability offer rare and valuable certainty for multinationals. As the 15th Five-Year Plan begins, these companies are set to grow alongside the Chinese market, writing the next chapter of win-win cooperation.

