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Global Business Group Leaders Call for Deeper Ties With China

Published: May. 20, 2026  2:39 p.m.  GMT+8
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Photo: VCG
Photo: VCG

Current and former leaders from several national chambers of commerce called for deeper cooperation with China as the country shifts toward an innovation-driven economy.

The appeal reflects a growing consensus among multinational companies that view China not only as “the world’s factory” but also as a global innovation center as the country transitions toward an economy driven by new quality productive forces and high-value services.

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  • Leaders from US, UK, German, Australian, and Malaysian chambers urge deeper China cooperation amid its shift to innovation-driven economy and high-value services.
  • Craig Allen highlights US-China complementarity; Chris Torrens notes UK service exports; Martin Hofmann cites 30% of German firms seeing Chinese green tech talent in automotive sector.
  • Vaughn Barber calls for deeper engagement as Chinese investment in Australia hits historical low; Ng Yih Pyng advises Malaysian firms to leverage China’s ecosystem for ASEAN via AI and automation.
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