|China, France mark anniversary|
January 27 marks the 50th anniversary of the establishment of the Sino-French diplomatic relations. China has changed dramatically over the past half century, especially with the dazzling rise of its economy to reach 56.9 trillion yuan ($9.3 trillion) in 2013, 156 times the size in 1978 when China initiated the reform and opening-up policy. China has become a major market for many foreign investors including French businesses. The country's new leadership has recently unveiled new reform plans to further unleash market power. On the occasion of the 50th year of Sino-French friendship, the Global Times interviewed senior executives of French companies in China, revealing their insights on the market evolution over the past years, and the emerging opportunities and challenges China's new reform blueprint will bring to them.
Major challenges seen ahead in China for foreign businesses