*WithChina"soptimizedepidemicpreventionandcontrolmeasuresboostingsocialmobilityandinternationalexchanges,manyforeign-fundedfirmsinChinamadeagreatstartin2023,withtheirexecutivesshowingconfidenceinthecountry"sstrongeconomicrecovery.

*Initsgovernmentworkreportadoptedearlierthismonth,theChinesegovernmentunveiledits2023economicgrowthtargetofaround5percent,fasterthanthe3percentgrowthrecordedin2022.

*Accordingtothelatestgovernmentworkreport,Chinawillintensifyitseffortstoattractandutilizeforeigninvestment.Thecountrywillexpandmarketaccess,continuetoopenupthemodernservicessector,ensurenationaltreatmentforforeign-fundedcompanies,improveservicesforforeign-fundedcompanies,andfacilitatethelaunchoflandmarkforeign-fundedprojects.

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BEIJING,March24(Xinhua)--WithChina"soptimizedepidemicpreventionandcontrolmeasuresboostingsocialmobilityandinternationalexchanges,manyforeign-fundedfirmsinChinamadeagreatstartin2023,withtheirexecutivesshowingconfidenceinthecountry"sstrongeconomicrecovery.

Initsgovernmentworkreportadoptedearlierthismonth,theChinesegovernmentunveiledits2023economicgrowthtargetofaround5percent,fasterthanthe3percentgrowthrecordedin2022.

Despitetheimpactofthepandemic,BeijingBenzAutomotiveCo.,Ltd.(BBAC),ajointventureofMercedes-BenzandBAICGroup,wasabletoachieveitstargetsin2022,producingmorethan600,000vehicleslastyear.

Thecompanyhasreturnedtoacompletelynormaloperationsenvironment,makinga"greatstart"in2023,saidArnovanderMerwe,CEOandpresidentofBBAC."Wearelookingforwardtoaverystrongyearoperationally."

ToaddresstheincreasingneedsofthegiantnewenergyvehiclemarketinChina,thecompanyhasmadetransitionsinitsassemblylines,andisnowabletoshiftproductionflexiblyforfuel-powered,hybridandelectriccarsbasedonmarketdemand.

Betweenitsestablishmentin2005and2022,BBACproducedmorethan4millionvehiclesintotal,withthe5-millionmarkduetobereachedverysoonthisyear,accordingtovanderMerwe.

StaffmembersworkatafactoryofBeijingBenzAutomotive.Co.,Ltd.inBeijing,capitalofChina,Feb.21,2020.(Xinhua/ChenZhonghao)

AlsoinBeijing,theGermancompressortechnologygiantBitzerdecidedtoinvestanother300millionyuan(about44millionU.S.dollars)initsfactoryintheBeijingEconomic-TechnologicalDevelopmentAreathisyear.

Partoftheinvestmentwillbespentona4,800-square-meterbuildingfortheresearchanddevelopment(R&D)department,withthefoundation-layingceremonyscheduledinApril.

"Wehavebroughtinsomeequipment,sowedesperatelyneedthebuildingassoonaspossible,"saidKarlHeinzMeister,vicepresidentoftheBitzerAsiaPacificArea.

ItisthefifthtimethecompanyhasinvestedinitsBeijingsubsidiaryoverthepastthreeyears,withatotalof84millionyuaninvestedforthepreviousfourtimes.

ThisphototakenonFeb.27,2023showsthewarehouseofBitzerRefrigerationTechnology(China)Co.,Ltd.inBeijing,capitalofChina.(Xinhua/PengZiyang)

MeistersaidtheChinesegovernmenthasemphasizedhigh-qualitydevelopmentandenvironmentalprotection,sothecompanyneedstodesignandputforwardnewenvironmentally-friendlyproductsintheChinesemarket.

Accordingtothelatestgovernmentworkreport,Chinawillintensifyitseffortstoattractandutilizeforeigninvestment.Thecountrywillexpandmarketaccess,continuetoopenupthemodernservicessector,ensurenationaltreatmentforforeign-fundedcompanies,improveservicesforforeign-fundedcompanies,andfacilitatethelaunchoflandmarkforeign-fundedprojects.

"TheimpactofCOVID-19isonlyshort-term,andweareconfidentaboutthebusinessprospectsinChinainthelongrun,"saidBillFeng,vicepresidentofBitzerGreaterChina.

MichelDoukeris,chiefexecutiveoftheworld"slargestbrewerAnheuser-BuschInBev,describedChina"sboomingconsumptionas"abigengineofeconomicdevelopment,"andexpressedhisconfidenceinthecompany"spursuitofamorepromisingfutureintheChinesemarket.

MichelDoukeris(R),chiefexecutiveofAnheuser-BuschInBev,visitsamarketinBeijing,capitalofChina,Feb.23,2023.(Xinhua)

Withlong-term,large-scaleinvestmentsofover30billionyuansince1984,thebrewerhasoptimizeditsvaluechaininChinaandmadegreatprogressintheconstructionofnewbreweries,facilitiesandwarehouses,aswellasestablishinglocalizedteamsandtalent.

"China"seconomyisthriving,itscommunitiesaregrowing,andpeopleareenjoyingmoreconsumption;ourbusinessneedstocatchup,"saidthechiefexecutive,brimmingwithconfidence."Weneedtocontinuetoinvest."(Videoreporters:XiaZilin,LiDexin,MaXiaodong;videoeditors:LiangWanshan,LiQin,CaoYing)