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Chinese Firms Expand Globally Amid Domestic Profit Decline

12/11/2025

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Story summary
  • Chinese firms are expanding internationally as domestic profits decline and production capacity increases.
  • Guo Henghua, president of Anhui Huaheng Biotechnology, said overseas orders account for about half of sales and that closer supply chains are needed.
  • He Yaqiong from the Ministry of Industry and Information Technology said China now holds over 70% of global fermentation capacity, underscoring growing influence.