Toyota to set new wholly owned firm in Shanghai, showing Chinese market’s attractiveness

Feb 16, 2025 12:15:26 AM
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Toyota to set new wholly owned firm in Shanghai, showing Chinese market’s attractiveness

By Xiong Xinyi (Global Times) 11:21, February 06, 2025

Toyota to set new wholly owned firm in Shanghai, showing Chinese market’s attractiveness

China has been making continuous efforts to bolster high-quality opening-up. A total of 59,080 new foreign-invested firms were established across China in 2024, an increase of 9.9 percent year-on-year, the Ministry of Commerce said in January.

(Web editor: Tian Yi, Zhong Wenxing)

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