Foreign execs' view on China's economy: 2023 onward (4)

Henrik Lienstromberg, executive director &legal representative, abat China. [Photo provided to chinadaily.com.cn]

Q1: How has your company's performance been in China this year? Do you plan to further expand your footprints in China next year?

We are glad with the results and our overall growth. We see promising opportunities for projects in our IT business, especially in the areas of cloud technology and artificial intelligence. Therefore, we are very optimistic about 2024 and plan to further expand our business during the coming year.

Q2: What's your evaluation and expectations on China's business environment as well as a higher level of opening-up?

We see significant challenges but also opportunities in the digitization of companies. Companies need to digitize not only to remain competitive but also to prepare for the upcoming innovations that IT brings. We expect an even higher level of opening-up in business and are prepared for successful collaboration with our customers.

Q3: What are your expectations for China's economy in 2024?

The Chinese economy has performed better than many experts expected in 2023, and we believe that the growth will stabilize in 2024. Therefore, China's economy is expanding and is consequently very interesting.