9:39 AM MYT
BEIJING (China Daily/ANN): As Covid-19 continues to take its toll on global health and economies, most multinational corporations operating in China are bucking a trend seen in many parts of the world.
These enterprises are shunning moves toward lower investment, the erosion of human capital and the fragmentation of trade and supply linkages.
Such businesses view the country as a too-big-to-miss market bolstering global growth and also as fertile soil to foster indigenous innovation to keep the nation and themselves afloat.
Effective control of the contagion, clear guidance for economic development and the unwavering resolve to further open up the market are among the factors reassuring overseas companies aiming to consolidate their presence in China through further investment and localized efforts.