Multinational companies deepen investment and localization efforts. * by admin * November 6, 2026 Herbalife's personalized nutrition formula product Bioniq GO makes its Asia debut during the ongoing 9th CIIE held in Shanghai. [Photo provided to chinadaily.com.cn] At the ongoing 9th China International Import Expo held in Shanghai, multinational companies have announced increased investments in China, one of the most strategically important global markets for many businesses, further deepening their engagement and expanding localization efforts in the country. Amid the current complex global economic and trade environment, such moves demonstrate the significant value of economic and trade cooperation with China for the business communities of many countries. It also reflects the resilience of bilateral economic and trade cooperation, according to experts. EssilorLuxottica, a global leader in eyecare and eyewear, announced during the CIIE that following an investment of around 150 million yuan ($22.48 million) in the manufacturing site in Danyang city, Jiangsu province, last year, the group will add a new round of investment in 2027. The investment will cover pushing forward automation upgrades on the production line, improving full-process quality control, and continuously strengthening local smart manufacturing capabilities, ultimately boosting the high-quality development of the local optometry industry. Kok Leong Lim, president of professional solutions at EssilorLuxottica China, said there will also be investment in R&D and in building eye health service systems. "For example, in Shanghai, we hope to set up myopia prevention stations in the community to serve local children," he said. Liu Ling, chief regional leader of Philips China, emphasized that the strategic significance of the Chinese market continues to grow. China is not only the second-largest market globally for the Netherlands-based company, but also a crucial supply chain hub and innovation engine, attracting the company to increase investments continuously, she said. In August, Philips inaugurated its China R&D Headquarters and Beijing Innovation Center, further establishing a research and innovation network centered in Beijing and linked with Shenyang, Shanghai, Suzhou, and Shenzhen. The company also enhanced its investment in the Shenyang Innovation Center, pooling global CT R&D resources to drive more innovations originating from China to the world. "Philips has been an all-time participant in the CIIE. When looking at all nine editions of the event, the more noteworthy aspect is the enhancement of China's innovation capabilities and its evolving role in global innovation," Liu said. She noted that this is also the core of the company's newly released China strategy: integrating local clinical needs earlier into product definitions, validating and iterating with Chinese clinical experts, and closely coordinating clinical, R&D, engineering, manufacturing, and supply chain functions to accelerate innovation with China speed. Herbalife, a Los Angeles-headquartered health and wellness company, stated that over its nine years of participation in the CIIE, the company established a product innovation center in Shanghai in 2020, reaffirming its commitment to conducting R&D close to Chinese consumers. Last year, this facility was upgraded to a global product innovation center, further strengthening the position of the Chinese market within the company's global innovation network. "As a global product innovation center, it not only develops products for the Chinese market, but also provides R&D support for markets in the Asia-Pacific and Europe, including Malaysia, Indonesia, South Korea, and Russia," Yang Lan, head of public affairs for Herbalife China, said. The value of the CIIE has evolved from being a showcase to becoming a significant opportunity for promoting localization with global reach. During this CIIE, Herbalife unveiled the global debut of the China version of its health management digital platform. This platform leverages artificial intelligence and digital technology to cover the entire process from assessment, recommendation, planning, and companionship, providing consumers with health management support that combines digital tools with the expertise of nutrition consultants. Tanks to chinadaily.com.cn Please visit: Its Sponsor

Herbalife India strengthens Olympic partnership with IOA ahead of Dakar 2026. The partnership underscores the importance of nutrition, preparation, recovery and overall well-being in supporting young athletes competing on the international stage. November 4, 2026 Herbalife India has partnered with the Indian Olympic Association (IOA) as the official nutrition partner for the Indian contingent at the Youth Olympic Games Dakar 2026, extending its Olympic association to the next generation of Indian athletes. The partnership underscores the importance of nutrition, preparation, recovery and overall well-being in supporting young athletes competing on the international stage. It also reinforces Herbalife's commitment to athlete development, with the company seeking to associate its nutrition and wellness portfolio with India's emerging sporting talent. Ajay Khanna, Managing Director, Herbalife India, said, "We are proud to stand behind Team India at the Youth Olympic Games 2026 in Dakar! Young athletes are the energy, ambition and future of Indian sport, and it is exciting to see them take their dreams to the global stage. At Herbalife India, we believe that every young person has the potential to achieve something extraordinary with the right mindset, determination and commitment to a healthy, active lifestyle. Through this partnership, we hope to fuel the aspirations of our young athletes, celebrate their passion and inspire millions of youngsters across India to dream big, push their limits and believe that anything is possible. The future of Indian sport is young, ambitious and full of promise, and we are excited to be part of their journey!" P. T. Usha, President, Indian Olympic Association, added, "The Youth Olympic Games provide a unique global platform for our emerging athletes to gain international exposure, learn from the world's best, and showcase their talent. We are pleased to welcome Herbalife India as the Official Nutrition Partner for the Indian contingent at the Youth Olympic Games 2026, Dakar. Partnerships such as these play an important role in strengthening the ecosystem around our athletes and supporting their journey as they represent India with pride on the international stage." The agreement builds on Herbalife's longstanding association with the IOA. The company previously served as the official nutrition partner for Team India at the Paris 2024 Olympic Games, marking its third consecutive Summer Olympics supporting the Indian contingent. Herbalife has also partnered with the IOA for the Indian contingent at the Asian Games 2026 in Aichi-Nagoya, Japan. Dakar 2026, running from October 31 to November 13, marks the fourth edition of the Summer Youth Olympic Games and the first Olympic event to be hosted on the African continent. India has made a promising start to its campaign, securing three medals as of November 3. Khushbu Rajakbhai Darjada won silver in women's 63kg judo, while Dhinidhi Desinghu claimed bronze in the women's 100m freestyle, earning India its first-ever Youth Olympic swimming medal. Rajkumari Lanchenbi Chanu added another bronze in women's Changquan combined wushu, becoming India's first medallist in the discipline at the competition. With the Games continuing until November 13, India's young athletes will look to build on this encouraging start.