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"If you look at me, you'd probably never guess that I have Chinese blood in me" is the kind of thing Vicki Cann, a teacher at China Agricultural University in Beijing, is likely to tell Chinese people when they first meet her.
China's strategy for innovation-driven development will create opportunities for multinational corporations to thrive in the country just as Chinese companies seeking to expand their global presence will prosper. These twin possibilities will likely come to pass as technologies are seen as key to boosting the global economic recovery amid headwinds, experts and business executives said.
China's efforts to pursue self-reliance in crucial technologies will create opportunities for multinationals, experts and global business leaders said.
Xinhua Headlines: Good start to Chinese economy in 2023 poised to stimulate global growth-
*China's economy grew 3 percent year on year to a record high of 121.0207 trillion yuan (about 18 trillion U.S. dollars) in 2022.In breakdown, China's industrial output went up 3.6 percent year on year in 2022, while fixed-asset investment rose 5.1 percent year on year. Retail sales contracted 0.2 percent year on year in 2022.