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Fortune 500 companies at CIIE and their China stories

chinadaily.com.cn Updated: 2018-10-29

More than 2,800 companies from over 130 countries and regions, including over 200 businesses on the Fortune Global 500 list and industry leaders, have confirmed participation in the enterprise exhibition of the China International Import Expo, to be held in Shanghai from Nov 5-10. Let's take a look at some of them, and get to know their connections to China.

Consumer Electronics & Appliances

Company: Intel

Country: United States

After its entrance in China in 1985, Intel has established 16 branches in the Chinese mainland and owns more than 6,000 local employees. With direct investment of nearly $4.5 billion, China has become a regional market with the largest investment and most comprehensive branch settings of Intel outside the US.

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Intel booth is seen at 2018 China Joy exhibition in Shanghai on Aug 3, 2018. [Photo/VCG]

Company: Samsung

Country: South Korea

Over the past 26 years, Samsung has established a one-stop industrial chain in China, including R&D, designing, purchase, sales, and after sales. The company has accelerated its expansion in semiconductors, LCD panels, and batteries for new energy vehicles in China.

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The Samsung road show in Shenyang, Liaoning province on Oct 20, 2018. [Photo/VCG]

Company: Sony

Country: Japan

Sony established its full subsidiary, Sony (China) Co Ltd in October 1996 in Beijing. The subsidiary later became an important profit contributor to the Sony Group. Sony has built five large factories in China, and set up R&D centers in Beijing, Shanghai, Wuxi, Dalian and Shenzhen.

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Shutterbugs talk about Sony G camera lens at an expo in Beijing on May 3, 2018. [Photo/VCG]

Apparel, Accessories & Consumer Goods

Company: L'Oreal

Country: France

As one of the first batch of French enterprises that entered the Chinese market since reform and opening-up, L'Oreal has been running business in China for 21 years, making the country the second largest market in the group globally. It has launched 22 brands in China and will continue to promote new products, the group said. Chinese consumers have been major contributors to high-end brands sales for the L'Oreal group such as YSL and Lancome, a company performance report said.

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A pop-up store set up by L'Oreal and Chinese e-commerce giant JD.com in Shanghai on April 17, 2018. [Photo/VCG]

Company: Unilever

Country: UK/The Netherlands

Unilever invested more than $1 billion in China and introduced more than 100 patented technologies. Headquartered in Shanghai, Unilever China also established its China R&D center in the city. Unilever China hired over 6,000 Chinese employees and provided more than 20,000 job opportunities indirectly, the company said.

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A Unilever logo is seen in Shanghai. [Photo/VCG]

Company: Lego

Country:Denmark

Lego opened its second flagship store in Shanghai in September 2018 and will open another in Beijing, according to Huang Guoqiang, general manager of Lego China. The company will open more authorized stores to let more children and Lego lovers have access to its products. Online cooperation with Chinese e-commerce giants such as JD.com and Tmall will boost sales as well.

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A newly opened Lego store in Shanghai on Oct 16, 2018. [Photo/VCG]

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