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Advanced capabilities spur investment

Published by China Daily Business · China 9 h ago
A humanoid robot works in a factory setting at the Schneider Electric booth at National Exhibition and Convention Center (Shanghai) during the China International Industry Fair. NURPHOTO/GETTY IMAGES
A humanoid robot works in a factory setting at the Schneider Electric booth at National Exhibition and Convention Center (Shanghai) during the China International Industry Fair. NURPHOTO/GETTY IMAGES · China Daily Business

Detailed summary

Xiamen offers a well-developed industrial chain for power transmission and distribution, a pool of skilled engineering talent, and supportive platforms such as the Xiamen Torch…

XIAMEN — As global investors recalibrate their strategies amid heightened uncertainties, China continues to stand out in a very positive way.

While political rhetoric calls for decoupling, companies are voting with their feet by investing in China, expanding local operations and, in some cases, bringing production back to the country.

In late October, French energy giant Schneider Electric put its Xiang'an industrial park in Xiamen, East China's Fujian province, into operation. The facility is Schneider's largest medium-voltage electrical equipment manufacturing base. On the same day, the company also broke ground on the park's second phase, further expanding its manufacturing capacity.

Xiamen offers a well-developed industrial chain for power transmission and distribution, a pool of skilled engineering talent, and supportive platforms such as the Xiamen Torch Development Zone for High…

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