AGC Group Executive Highlights China-Japan Business Cooperation Importance

29 Aug, 2024

AGC Group Executive Highlights China-Japan Business Cooperation Importance

The Qingdao Multinationals Summit has attracted over 400 global company leaders, with a notable presence of Japanese firms that have been active in China since the early reform era. These companies, including Japan's AGC Group, have significantly contributed to China's economic development over the past 40 years. At the summit, Ueda Toshihiro, Executive Officer of AGC Inc. and Vice Chairman of the Japanese Chamber of Commerce and Industry in China, shared insights on the longstanding partnership between Japanese businesses and the Chinese market.

During the summit's first day, a busy schedule featured meetings, promotional events, and banquets. Despite language barriers, Ueda expressed enthusiasm about the ongoing investment by Japanese companies in China. He emphasized that Japanese firms, including AGC, played a crucial role in establishing the foundation of China’s economic market 40 years ago and continue to thrive alongside China’s economic growth.

Ueda highlighted his expectations for the event, focusing on gauging the confidence in China’s economic growth from leaders and foreign companies. He noted that recent policy shifts aimed at attracting foreign investment have bolstered confidence, and he hopes that new opportunities will emerge from the summit’s discussions.