China - March 26, 2025 China expands telecom market access for foreign companies (Voice_over) Multinational firms participating in a pilot program in China that makes it easier for them to conduct business there say things are progressing nicely since the program was announced in late February. At that time, 13 foreign firms were granted permission to pilot value-added telecom services in the country. One is Siemens Digital Technology. The VP of Siemens China says the program has been allowing them to better serve clients. (Sound_bite) Qin Cheng, vice president, Siemens (China) Company Limited： "Currently, we can sell 300 products and solutions on our platform to better serve the local market. Based on the expansion of such pilot operation, we can also better serve innovators and operate the developer ecosystem on our platform.” (Voice_over) Besides telecoms, China is permitting more foreign entities to enter its healthcare and medical industries. According to the latest data, roughly 7,500 foreign-invested enterprises have been newly established in China in the first wo months of the year, an increase of 5.8 percent from last year. [Restriction: No access Chinese mainland]