Global firms wait with anticipation

Updated: 2013-03-08 10:39

(China Daily)

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Premier Wen Jiabao pointed out in his last government work report to the top legislature that "unbalanced, uncoordinated and unsustainable development remains a prominent problem".

As China continues to strengthen its innovation capabilities, optimize and upgrade its industries, and transform the country's economic growth pattern, we are confident that the country will be on the right track for sustainable growth.

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We are proud that Coca-Cola was one of the first foreign companies to come to the Chinese mainland market, in 1979.

Today, China represents Coca-Cola's third-largest market in the world, and we see tremendous growth opportunities and are looking to ensure we can continue to provide the best products to our customers here.

Overall, we believe it has become easier to do business in China as the country has integrated with the world economy.

We expect better transparency in laws and regulations and more flexibility in choosing business structures and partners, placing more requirements on companies but also creating a more predictable business environment.

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We believe that lots of multinational companies' business interests in China reflect China's "balanced growth" development strategy.

Coca-Cola has always been honored to be part of this great nation's business, cultural and social landscape.

We hope the country will continue to encourage efforts to speed up its globalization process, which will benefit all Chinese people.

In every market where Coca-Cola operates, including China, we are committed to investing locally, producing locally, hiring locally and acting responsibly in the communities where our businesses are located.

One challenge we at Coca-Cola are helping to address is that of growing the economy in a sustainable and environment-friendly way.

We believe that embedding sustainability into our strategy, operations and investment plans is part of our mission to inspire moments of optimism and happiness, and create value and make a difference to everyone we touch.

Hence we also welcome the opportunity to work with the Chinese government to explore policy options to encourage innovation investments.

Global firms wait with anticipation

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How to maintain sustainable and steady economic development and improve people's livelihoods and well-being are the major issues we expect members of the top legislature to address.

China has witnessed 30 years of rapid development. Such rocketing growth is a miracle in the global history of economic development and can hardly be repeated in the future.

Sustainable and steady development will be the next focus for China. Meanwhile, another important issue is to share with the people the benefits of economic development and improved livelihoods.

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