Business · Trade · 12 hrs ago
Executives say global firms can help Chinese companies expand overseas
Business leaders gathered in Shanghai on October 11 for the 38th Shanghai Mayor’s International Business Leaders Advisory Conference.
They discussed how Chinese companies can expand overseas.
Executives said multinational companies could become long-term partners, not just service providers.
Their global networks and local knowledge could help Chinese firms manage risks and operate in unfamiliar markets.
They could also share experience in supply chains, quality, governance and environmental, social and governance practices.
A Vale executive said Latin America is becoming a more important partner for Chinese businesses, including in green development and industry cooperation.
He suggested Shanghai consider a service center to help Chinese firms enter Latin American markets.
The meeting presented deeper partnerships as a way to strengthen Chinese companies’ ability to operate globally.
Executives at a Shanghai business meeting said multinational companies can become long-term strategic partners for Chinese firms expanding overseas.
They said global networks, local market knowledge and international operating experience can help Chinese companies reduce risks and build global capabilities.
BNP Paribas chairman Jean Lemierre described a shift from exporting domestic products to building locally rooted global businesses.
Kuehne+Nagel CEO Stefan Paul said multinationals can share expertise in areas including supply chains, quality management and governance.
Vale board chairman Ollie Oliveira proposed a Shanghai service centre to support Chinese companies entering Latin America.
- Who
- Executives from multinational companies and other businesses, including BNP Paribas, Kuehne+Nagel and Vale.
- What
- They discussed how multinational companies can support Chinese firms expanding overseas as strategic partners.
- When
- October 11, 2026.
- Where
- The 38th Shanghai Mayor’s International Business Leaders’ Advisory Council meeting in Shanghai.
- Why
- The discussion focused on helping Chinese companies expand overseas and build global operating capabilities.
This story does not have two clearly opposing sides.
The paradigm shift in the overseas strategy of Chinese companies is, in essence, a structural leap from exporting domestic products to building locally rooted global enterprises.
The long-term value of multinational companies lies in helping Chinese companies build sustainable global operating capabilities.
Shanghai should explore establishing a service centre for Chinese companies going to Latin America.
- Meeting
- 38th Shanghai Mayor’s International Business Leaders’ Advisory Council
- Meeting date
- October 11, 2026
- Proposed destination
- Latin America
- Proposed support hub
- A Shanghai service centre for Chinese companies expanding into Latin America
Sources
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