Cisco VP Huang Zhiming: Favorable Policies for Foreign Firms Investing in China as New Five-Year Plan Begins

Deep News
Feb 09

This year marks the start of China's 15th Five-Year Plan period. The proposal for the 15th Five-Year Plan emphasizes "shaping new advantages for attracting foreign investment" and "improving the service and support system for foreign-invested enterprises," aiming to expand two-way investment cooperation. Huang Zhiming, Global Vice President and Greater China CEO of Cisco, stated in an interview that these measures present new development opportunities for foreign companies, including Cisco. As more multinational corporations establish regional headquarters and global service centers in China, Cisco is poised to tap into more potential business opportunities. Currently, Cisco has set up research and development centers, technology bases, supply chain centers, and global service centers in China. The company's R&D center in China is its third largest globally, after those in the United States and India.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10