Follow U.S. Immigration and U.S. Economy: Steve Van Andel, Chairman of the U.S. Chamber of Commerce and Chairman of Amway, offered advice to Chinese companies investing in the U.S. and American companies operating in China during a media briefing held in Beijing on the 17th. He suggested that before entering other countries, companies must first have a sufficient understanding of the local market and grasp their own core competitive advantages; at the same time, they must comply with local laws and regulations. He further recommended that all companies adopt a single operational standard worldwide.
Mr. Steve Van Andel came to Beijing at the invitation of the Chinese People's Association for Friendship with Foreign Countries.
When discussing Chinese companies investing in the United States, Steve Van Andel said: "We welcome Chinese companies to enter this market and compete alongside American companies." He advised companies to have a sufficient understanding of the market before entering.
Regarding recent scandals involving foreign companies in China, Steve Van Andel stated that companies operating in a country other than their own have a responsibility to comply with local laws and regulations. "I hope all companies will adopt a single operational standard worldwide," he explained, "because companies deal with thousands of people and make numerous business decisions in their daily operations, so it is very important for companies to adopt a high, unified standard globally." "Whether it is American companies operating in China, or in South Korea, Russia, or companies from these countries operating in the United States, I suggest they should all adopt a unified standard."
As Chairman of the U.S. Chamber of Commerce, he expects that "future bilateral trade between the U.S. and China will see further growth."
