Foreign firms to see broader market access

A1 China has transformed into the second-largest economy in the world, creating a strong consumer base as well as a leading industrial base. Today, it is setting many global trends when it comes to driving innovation and digital transformation, such as e-mobility, e-commerce and mobile payment.

Over the years of development, we have established three manufacturing facilities, three R&D centers, 22 joint labs and have more than 4,000 granted and pending patents in China. Our semiconductor solutions are an indispensable part of Chinese people's lives, enabling smart mobility, efficient energy management and the secure capture and transfer of data.

A2 China's economy has been transitioning from a phase of rapid growth to one of sustainable development. Sustainability is also core to Infineon's business, as we target value creation through profitable sustainable growth. Infineon has been included in the Dow Jones Sustainability World Index? for the fourth time, ranking among the top 10 percent of the most sustainable companies in the world.

In China, we launched our "Win with China" strategy. We help our local partners to innovate and transform in the digital era. Most importantly, we contribute to their business sustainability with innovative semiconductor solutions that achieve more and consume less.

A3 The new Foreign Investment Law demonstrates China's determination to open its doors wider and create a level playing field for foreign investors. Infineon has been partnering with China for almost 20 years and is a beneficiary of the country's ongoing efforts in reform and opening-up. The China market has become Infineon's growth engine, with our business in China contributing to 34 percent of Infineon's revenue in the fiscal year of 2018.

A4 As a leader in semiconductor technology, Infineon has a "smart manufacturing" solution that is committed to empowering manufacturers to digitalize manufacturing processes and boost industrial competitiveness.

The solution, focusing on trusted security solutions, advanced sensing, cross-application control and efficient power management, will pave the way for manufacturers to connect all sites across the world to form a virtual smart factory and optimize their production and entire value chain in real time.

A5 In this rapidly evolving world, businesses need to respond quickly and effectively to market trends, and simplified government procedures will help provide the support that they need, stimulate market vitality and encourage investment.