Home / China-US economic relations

    Efficiency, integration key to progress

    (China Daily)

    Updated: 2015-09-23 10:46:53

    8.03K

    Efficiency, integration key to progress

    Gan Chee Eng, executive vice-president of Amway Corp, president of Amway Greater China

    To coincide with President Xi Jinping's first state visit to the US, China Daily asked senior executives with American companies for their opinions on China's business environment.

    Companies in China are facing the challenge of rising costs. Will this affect your plans in China or will you continue to invest in the country? Do you have any plans to relocate to the US or elsewhere in the region?

    We have faced challenges brought by the mounting costs to our operations in China. But as the world's largest and most active market, China still has immense development opportunities. To date, we still believe the Chinese market is of significant importance to Amway's global strategy, and we will continue to increase our investment here.

    With the progress in China's economy, we've seen a crucial trend that is marked by the continuous growth of disposable incomes, and the gradual rise of the urban population and people's desires to raise their living standards. We have built two large experience centers, and there will be three new ones, coupled with the upgrading to our existing stores, nationwide. In October, our China R&D center in Wuxi, Jiangsu province, will be launched to showcase Amway's dedication to the Chinese market.

    How has the depreciation of the yuan affected your company? Will this play a major role in your decision to continue to invest and expand in the country and region?

    As a global company, the volatility of yuan has more or less affected our operation, but such an issue is faced by all foreign investment enterprises in China. For Amway, our products are all locally manufactured, so the exchange rate will continue to have no major impact. In fact, many country's currencies have dropped dramatically against the dollar. We believe that the exchange rate of the yuan will remain at a rational and balanced level and the stable and healthy growth momentum will remain unchanged in the long run.

    The Chinese government believes in a stable investment environment and has rolled out policies to help international companies here by increasing transparency. What other measures would improve business efficiency and competitiveness?

    First, we're glad to see the Chinese government is dedicated to the rule of law and is building a legal business environment. We sincerely hope China will update its outdated administrative rules.

    Second, improve efficiency. We've seen China make great achievements in building a services-oriented government. As a foreign-invested enterprise with 20 years in China, we feel the change at various government levels could be better.

    Third, improve the integration between the Chinese and global markets, particularly in terms of law and regulations. Since last year, China has set up free trade zones, a milestone for the country to further its market economy reform and reaching out to the global market.

    What are the greatest challenges your company faces in China, and how will you deal with them?

    The Chinese economy's new normal, meaning a slower growth rate, has brought challenges to our business, as well as stimulated our mindset on how to further tap the potential in consumption and discover new growth points among consumer needs. Amway China is seeing a future defined by a new economic model that integrates online and offline businesses.

    Previous Page 1 2 Next Page

     
    ...
    中文字幕1级在线| 无码人妻黑人中文字幕| 少妇无码AV无码专区在线观看 | 一二三四在线观看免费中文在线观看| 久久精品无码午夜福利理论片| 欧美日韩国产中文精品字幕自在自线| 久久无码AV中文出轨人妻| 亚洲AV无码乱码在线观看富二代| 欧美中文字幕在线视频| 亚洲熟妇无码八V在线播放| AV无码免费永久在线观看| 亚洲精品无码国产| 亚洲天堂中文字幕在线| 久久精品亚洲乱码伦伦中文| 亚洲人成无码网站久久99热国产| 国产AV无码专区亚洲AV男同| 亚洲级αV无码毛片久久精品| 欧美无乱码久久久免费午夜一区二区三区中文字幕 | 99精品人妻无码专区在线视频区 | 久久久久久国产精品无码下载| 美丽姑娘免费观看在线观看中文版| 久久久久亚洲AV无码专区网站| 国产aⅴ无码专区亚洲av| 日韩av无码一区二区三区 | 久久综合一区二区无码| a最新无码国产在线视频| 国产V亚洲V天堂A无码| 狠狠噜天天噜日日噜无码 | 亚洲成在人线在线播放无码| 精品人妻系列无码人妻免费视频| 狠狠干中文字幕| 中文无码一区二区不卡αv| 国产精品 中文字幕 亚洲 欧美| 亚洲AV无码一区二区一二区| 亚洲色偷拍区另类无码专区| 中文字幕乱偷无码AV先锋| 国产中文在线观看| 无码人妻丝袜在线视频| 精品无码免费专区毛片| 成人午夜亚洲精品无码网站| 亚洲AV永久无码精品网站在线观看|