China’s agenda a chance for European firms

An article about the policy agenda that was set at the Central Economic Work Conference. Antoine Doyon, Associate Director of Arthur D. Little is quoted saying, “While China pays more attention to increasing domestic demand, private and foreign companies will benefit.” He says that service sectors such as fast-moving consumer goods, logistics, IT outsourcing and industry sectors with high technology content and added value will bring opportunities for foreign investors, while capital-intensive and labour-intensive sectors will not fare as well. He says that to benefit from a consumption-driven service-based economy, foreign companies will need to re-examine their unique selling propositions and pay extra attention to product and service features that Chinese customers will like.

China’s agenda a chance for European firms

An article about the policy agenda that was set at the Central Economic Work Conference. Antoine Doyon, Associate Director of Arthur D. Little is quoted saying, “While China pays more attention to increasing domestic demand, private and foreign companies will benefit.” He says that service sectors such as fast-moving consumer goods, logistics, IT outsourcing and industry sectors with high technology content and added value will bring opportunities for foreign investors, while capital-intensive and labour-intensive sectors will not fare as well. He says that to benefit from a consumption-driven service-based economy, foreign companies will need to re-examine their unique selling propositions and pay extra attention to product and service features that Chinese customers will like.