A view of the booth of Suzano during an expo in Shanghai. [Photo/VCG]
Amid a turbulent and rapidly changing global environment, China has emerged as a crucial "source of stability" for multinational corporations, prompting Brazilian pulp and paper giant Suzano to continuously increase investments in the country, a senior company executive said.
Pablo Machado, Suzano's global vice-president for strategy and Asia business, noted that China's advanced manufacturing capabilities and digital advantages provide an excellent ecosystem for deepening integration with local partners across supply chains, technology and finance.
"Today, China is not only an important market for Suzano, but an integral part of our global operations and future growth," Machado said. "In this process, Suzano has successfully shifted its approach from simply 'selling into China' to 'building together with China'."
Driven by the unprecedented opportunities arising from China's pivot to high-quality economic development, Suzano intends to scale up its local investments. The company will harness China's "massive consumer upgrade wave" to actively back the nation's ambitious green transition, Machado added.
