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"Companies from Europe, Japan and the United States therefore have already discovered that it is time to invest more in Chinese research and development, as well as its science and technology and design businesses," said Feng. "New growth points are expected to present themselves as the economy becomes more sophisticated."

"Construction in our Alabama plant is well underway. Overall investment in our Tuscaloosa plant will create up to 600 jobs in the area. In addition, we have already invested billion in this location since 1995," Seeger said.

"Companies in China are in a phase of transition from a more mature product business to an increasingly innovative one," he said.

"Companies in this area were pioneers in answering the questions of corporate social responsibility, because of requests and demands from international brands. Today, the Greater Bay Area is still the most dynamic area where brands, suppliers, NGOs and industrial organizations are working proactively to continue making progress on sustainability issues, such as decent work culture, environmental protection, occupational safety and collective consultation," Anders Wollter, minister counselor and head of Centre for Corporate Social Responsibility of Embassy of Sweden in Beijing, said.

"Creating value rather than pursuing a larger scale has become the No 1 target of most Chinese companies," he said.