The ＂China Power＂ of the global economy has attracted much attention.

　　On January 17, 2023, consumers purchased new year’s goods in Yiwu fruit market, Zhejiang. Xinhua News Agency (photo by Gong Xianming)

　　Xinhua News Agency, Beijing, March 30th(Reporter Ding Yinghua, Zhou Rui, Wang Siyuan) Since the beginning of the year, with the optimization and adjustment of epidemic prevention and control policies and the successive introduction of steady growth policies, the streets and alleys of China have resumed their bustle, and the shopping malls have reappeared … … Foreign-funded enterprises in China have expressed full confidence in China’s strong economic recovery, and expect China to continue to be an important engine of Asia and even the world economy.

　　"Recently, we have observed that the traffic of offline and online stores has shown a strong upward trend, so we believe that consumers in China are regaining confidence and the market is accelerating recovery." Ma Rucheng, general manager of Ferriero China, the third largest chocolate candy manufacturer in the world, said.

　　This year, China will set the expected annual economic growth target at around 5%. At the 2023 annual meeting of China Development Forum held recently, Georgieva, managing director of the International Monetary Fund, pointed out that every 1% increase in China’s GDP will promote the economic growth of Asian countries by 0.3%.

　　For foreign companies, the development in China over the years has witnessed the strong "China Power" of the global economy.

　　On September 1, 2022, the audience visited the 2022 China International Fair for Trade in Services China Service Trade Achievement Exhibition Zone at the National Convention Center. Xinhua News Agency reporter Cai Yang photo

　　In the past 10 years, China’s average contribution rate to world economic growth has exceeded 30%; During the epidemic, the actual utilization of foreign capital in China increased from $144.4 billion in 2020 to $189.1 billion in 2022 … … A series of eye-catching data show that China, as the second largest economy in the world, continues to be an important engine for the recovery and development of the world economy and a highland for transnational investment.

　　Liu Maoshu, vice president of Honeywell Characteristic Materials and Technology Group and general manager of the Asia-Pacific region, said: "China plays an important role in the global operation of the company. China has been Honeywell’s second largest market and the largest growth market in the world for many years, and it is also one of the major R&D centers and manufacturing bases in the world."

　　He said that thanks to the comprehensive advantages of China’s complete industrial system, super-large-scale market, continuously optimized business environment and long-term positive economic fundamentals, Honeywell is full of confidence in its sustainable growth in China.

　　Ma Rucheng said that China has become and will continue to be Ferriero’s most important market in Asia. "For a multinational company like us, to succeed in Asia means to be the first in the China market."

　　On February 25th, at the container terminal of Qinzhou Port in Guangxi, unmanned vehicles were transferring containers. Xinhua News Agency reporter Zhang Ailin photo

　　Under the complicated situation that the world economy is facing multiple challenges, such as high inflation, weak demand and financial turmoil, many multinational companies are very optimistic about the long-term prospects of the China market and cast a "vote of confidence" for the China market with practical actions.

　　At the end of 2022, Honeywell announced that it would join hands with Zhejiang Jiaao Environmental Protection Technology Co., Ltd. to build a large-scale sustainable aviation fuel production base in Lingang Industrial Zone, Guanyun County, Lianyungang City, Jiangsu Province. Through this project, kitchen waste oil and animal fat can be transformed into sustainable aviation fuel. It is expected that the project will be completed in 2024, which will help China peak carbon dioxide emissions achieve the goal of carbon neutrality.

　　Talking about this investment, Liu Maoshu said that China’s prospects in the fields of digital economy and low-carbon development have brought broad development opportunities to Honeywell.

　　Ferriero, who has been deeply involved in China for more than 20 years, hopes to share the dividends in the China market through continuous investment. Statistics from the National Bureau of Statistics show that in the first two months of this year, the total retail sales of social consumer goods in China increased by 3.5% year-on-year, which turned from a decline to an increase, and the improvement and recovery of consumption became the highlight of economic operation.

　　Ma Rucheng said that China, Ferriero is ready to seize the great opportunity brought by the rebound of the China market. "Our goal is to double the turnover in the next three to five years."