Maersk, a global logistics company with nearly a century of operations in China, has announced plans to expand its investment in the country. The move comes as the company seeks to respond to rising demand and maintain close ties with core markets during a time of global uncertainty.
Vincent Clerc, CEO of A.P. Moller - Maersk, highlighted China's role as a key global trading hub and reiterated the company's view that the country remains an important market. Clerc's comments were made during an interview with China Global Television Network (CGTN) following a meeting in Beijing attended by more than 40 global business leaders and Chinese President Xi Jinping, who addressed efforts to encourage foreign investment.
Clerc noted China's stated commitment to market openness and economic stability, referencing recent efforts to attract multinational corporations. He said Maersk aims to align its investments with the evolving needs of the Chinese economy, particularly in the manufacturing and consumer sectors.
One of Maersk's current projects includes a new warehousing and distribution facility in the Lingang Special Area near Shanghai, expected to become operational later this year. According to Clerc, the company continues to explore additional investment opportunities in China in line with long-term market developments.
Source: Bastille Post