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China is one of the most important markets for Mars. The size of the Chinese market's contribution to Mars' global revenue is expected to triple by 2025, Matthias Berninger, vice-president of public affairs of Mars, was quoted by Chinese media earlier this year. Grant Reid, CEO of Mars, said in an interview that Mars is innovating for the Chinese market by developing products of local flavors that would be appealing to local customers.
China is on its way to becoming the largest innovation economy in the world, Forbes.com reported on Sept 19, noting China's transition from rural poverty to export powerhouse to consumer goliath may be "the most consequential economic event in centuries".
China is the world's largest consumer of raw materials. Analysts believe China's copper demand will continue to grow in the coming years as the country invests vast amounts of money in new infrastructure projects, including green energy projects and electrical grids. The country is also pushing electric cars in an effort to reduce carbon emission. All the above require large amounts of copper products.
China is the world's biggest importer of agricultural products, and more imports from emerging countries are expected to prevent risks, according to the Ministry of Agriculture and Rural Affairs.
China has the world's most extensive high-speed rail network, with 22,000 kilometers of track currently in use, but it is used to only transport passengers. Since 2016, they have opened it for product deliveries of goods sold via online platforms.