The local touch goes a long way for multinationals

Multinationals have to take local culture into consideration, said participants in the Fortune Global Forum held in Chengdu, Sichuan province, on Thursday.

Skilled labor badly needed as too few jobs for youths

Experts and employers at the Chengdu Fortune Global Forum are urging greater efforts from both graduates and authorities in tackling the mismatch between supply and demand in China's labor market.

China boosts its presence in Europe

When the global financial crisis broke out in 2008, little did economic experts think it would be the precursor to a healthy economic relationship between China and Europe. But in the subsequent years the alliance, aided by a series of mergers and acquisitions in Europe, has managed to give Chinese outbound investment a new direction.

Dubai brings financial ties with China to a higher level

Dubai is looking to further financial and technology cooperation with China in areas including infrastructure development and clean energy, a top adviser to the Dubai government said on Friday.

Large economies should talk more often: Kullman

China and the United States should talk often to understand each other's strengths and differences and to cooperate better in the future, Ellen Kullman, the newly elected chair of the US-China Business Council, said on Friday.

China offers a wealth of opportunities

Chinese and foreign companies can achieve mutual benefits by deepening their cooperation and seizing development opportunities in the world's largest emerging economy, State Council Information Office Minister Cai Ming-zhao said on Friday.

China to become most promising market

China's economic transition will make it the most important and promising market in the future, said Rolf Habben-Jansen, CEO of world's leading third party logistics provider -- Damco, on Thursday.

CEOs stress localization for MNC growth

The lackluster global economy has underscored the localization strategy for big multinational companies as they struggle to maintain growth, CEOs of global giants like Lenovo and Coca-Cola said on Thursday at a forum in southwest China.
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