High-tech sectors to attract more FDI

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The story "High-tech sectors to attract more FDI" was covered 7 hours ago by The Star, a news publisher based in Malaysia.

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The Star 7h ago

High-tech sectors to attract more FDI - The Star

Quick Summary:

FUELED by advancements in high-tech manufacturing, green energy and consumer goods industries, foreign direct investment (FDI) into China will continue to recover this year, market watchers and business executives said.

The company's new plant, built with an investment of 900 million yuan ($122.75 million), is expected to begin test production in Yantai, Shandong province, in early 2025, strengthening its ability to supply high-end adhesives for industries such as electronics and automotive.

"We are also planning to launch our new inspiration center for adhesive technologies in Shanghai this year, boosting our innovation capabilities for industrial businesses across China and the broader Asia-Pacific region," said Anna An, president of Henkel Greater China.