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What is behind pharmaceutical giant Sanofi's 1 billion euro investment in China?

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Content is automatically generated by Microsoft Azure Translator Text API. CGTN is not responsible for any of the translations.

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China has been continuously improving its business environment to boost the vitality of foreign companies. In a recent memorandum of understanding, French pharmaceutical giant Sanofi signed an investment worth close to one billion euros (about $1.05 billion) with Beijing, the largest investment in the area in the past decade. CGTN's Cao Bing sat down with Sanofi Global Director and Chairman Frédéric Oudéa to find out what led to such a significant investment.

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