China is a crucial market for multinational companies given its remarkable achievements in the last decades, Alexander Geiser, CEO of FGS Global, told Xinhua on the sidelines of the St. Gallen Symposium in Switzerland.

　　"What China has done and accomplished over the last 30 years is unrivaled. We've never seen a nation that has been so successful in creating wealth in such a short period of time," Geiser said.