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China will remain an attractive market for companies from the United States, as the country's focus on technological innovation, electric vehicles and biotechnology continues to offer significant opportunities for US businesses, said the head of the American Chamber of Commerce in China. China's push for high-tech self-sufficiency and industrial upgrading presents challenges as well as opportunities for US businesses, said Michael Hart, president of AmCham China, in a recent interview with China Daily. AmCham China is a nonprofit, nongovernmental organization with around 800 member companies operating across China, including Coca-Cola, Pfizer, Qualcomm, Honeywell, Walmart and Dell Technologies. ▲ Michael Hart To facilitate their growth, Hart said that US businesses should ensure strict compliance with both US and Chinese regulations to mitigate risks, invest in research and development tailored to the Chinese market, and leverage global expertise while adapting to local conditions.
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