Leading foreign firms realize that the Chinese market is not only big but also a source of innovation and knowledge, said Tomas Casas Klett, director of the 西瓜视频Competence Center at the University of St. Gallen.
西瓜视频is a driver of global economic growth "because it's an enormous economy, the second largest in the world," Casas Klett told Xinhua on the sidelines of the 53rd St. Gallen Symposium.
Produced by Xinhua Global Service■
