China In The Eyes Of Foreign Investors: Economic Growth Is Slowing But Still Full Of Opportunities.

"We plan to sell 30 billion yen in the Chinese market in 2015.

Although China's economic growth is slowing down, there is no problem in reaching this goal. "

Okamoto Mitsuo, President of Tiantian Co., Ltd.

As a comprehensive manufacturer of metal processing machinery in Japan, Tiantian is present at the sixteenth China International Industrial Fair "2014 CNC machine tools and metal processing Exhibition".

Okamoto Mitsuo visited the platform to show his attention to the Chinese market.

In 2011, Tiantian announced its development plan, saying that it would achieve sales of 300 billion yen by 2015, of which China accounted for 10%.

In order to expand the market, Tian Tian set up a new technology center in Shanghai in 2013.

Okamoto Mitsuo said that the change of market environment has led to a certain gap between the sales profits and expectations of Tiantian in China.

He revealed that he did not rule out the possibility of developing inland markets in cooperation with Chinese agents, and would increase the R & D strength in the light of China's market demand so as to enhance the competitive strength in the same industry.

"China's economic growth is slowing down, but the huge market is still full of opportunities."

Okamoto Mitsuo said that Tiandan hopes to achieve steady growth of China's business through providing overall solutions while selling monomer equipment.

In the context of seeking economic restructuring, China has bid farewell to its sustained growth for many years.

Data show that China's GDP growth year-on-year growth has been below 8% since the first quarter of 2012.

According to the data released by the National Bureau of statistics in October 21st, China's GDP grew by 7.4% in the first three quarters of this year, slightly below the 7.5% growth target set at the beginning of this year.

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The slowdown has triggered concern among international investors.

A series of economic data indicates that China's recovery process at the end of 2012 may be losing momentum.

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And academia do not agree with this view.

Economist Li Yining said at a forum in Beijing a few days ago that there was no need to worry too much about the current slowdown in China's economy.

"The super high speed growth of the economy is" abnormal "and can not be sustained. This is a rule.

Li Yining said that for China, structural adjustment is more important than economic aggregate.

In fact, the adjustment of China's industrial structure has restrained foreign investment in some traditional industries.

But at the same time, many industries benefiting from pformation also release larger investment space.

This makes the opportunity to become a consensus among many foreign businessmen from the "new normal" of the Chinese economy.

As a frequent visitor to all kinds of industrial exhibitions in China, ABB, a well-known power and automation technology group, has also appeared in the Expo, and has brought many new products and technologies, including the first dual arm robot Yumi unveiled in China, and the "i- home" wireless smart home system.

Ya Wenlin, head of ABB discrete automation and motion control business department, North Asia and China head, said it is characterized by automation, digitalization and informationization.

It is an important driving force for industrial pformation and upgrading.

With the deepening of China's economic restructuring, intelligent technology is expected to be more applied to all fields of production and life.

"In 2013, China has surpassed Japan to become the world's largest industrial robot market.

As a leading robot manufacturer, ABB hopes to take part in and promote China's pformation from "manufacturing power" to "manufacturing power".

Ya Wenlin said.

It is worth noting that, as the largest industrial exposition in Asia, the Expo attracted more than 2100 exhibitors with the theme of "high-end, intelligent and green".

30% of the exhibitors came from overseas, and the exhibitors' countries also hit a record high.

This means that more foreign businessmen, like Okamoto Mitsuo, believe that China's economic growth is still "full of opportunities".