Director Wang Yunfeng, General Manager of HSBC Group, Deputy Chairman and President of HSBC Bank (China) Limited, stated at the 2024 Financial Street Forum Annual Meeting that the observation shows Chinese companies are still facing challenges in global expansion, with these challenges containing opportunities for emerging international business development. Currently, the major economies of Europe and the United States are influenced by many important factors, with high inflation and demand contraction, as well as interference from geopolitics. Chinese companies are also encountering many obstacles in their investments in some developed markets. Therefore, exploring emerging markets with greater growth potential, and finding new ways to leverage their strengths for development, is of significant importance for the long-term development of Chinese companies.