(Chen Qingrui and Tu Lei – Global Times) Several foreign companies have unveiled plans to expand their operations in China and step up investment, underscoring growing confidence in the market, with companies said that they remain bullish on China’s long-term prospects. Tesla plans to step up investment in artificial intelligence (AI) software and hardware as well as the energy sector in the Chinese market in 2026, as the company continues to localize its technologies, Tesla Vice President Grace Tao Lin told a media briefing in Beijing recently, according to the information the company shared with the Global Times on Sunday. The US electric vehicle (EV) maker has already set up a local training center in China to support the localization and fine-tuning of its intelligent assisted driving systems, Tao said.
Foreign investors stay focused on China, market confidence ‘repeatedly validated’ – Global Times
