Execs praise China's progress in sci-tech innovation

Q4 What's your take on China's dual carbon goals, which have received a thumbs-up globally? Do you see big business opportunities arising from the country's carbon goals?

WAN: The carbon peaking and carbon neutrality goals are China's serious commitment to the world. China is putting continued efforts into fulfilling its goals. This is what we call a great nation, and it contributes tremendously to the global sustainability initiative. The government has provided huge support for clean energy development, both in terms of policy and financial aid — for example, the hydrogen industry and new energy vehicles. These are great opportunities that industrial software companies need to catch.

FANG: China's dual carbon goals are tremendously inspiring, especially taking in the efforts made and today's achievements. It also indicates further and grander accomplishments, which will undoubtedly benefit society at scale. 5G has enormous potential and promise in sustainable energy management. While the ICT industry accounts for 1.4 percent of global carbon emissions, existing ICT solutions have the potential to enable carbon emission reductions by 15 percent in society as a whole if applied in the right way. As continuous innovation on 5G technology and products reduce the ICT industry's carbon footprint, integrating 5G technology and industries will facilitate carbon reduction across all industry verticals. As a world-leading 5G vendor, Ericsson is willing to participate in and contribute to China's sustainable development.

CHEN: Extreme environmental events, such as the record-breaking heat wave in parts of Europe and Asia, pose an existential challenge to all of us. They demand closer cooperation between governments, companies and communities on sustainable growth.

China's dual carbon goals are important and welcomed, and fuel the need to make traditional industries such as manufacturing less energy-intensive and more digitalized. Companies of all sizes will play a key role in achieving these ambitious goals, be it going green or enabling others to go green.

On sustainability, we are helping China and countries worldwide achieve sustainability goals through a full package of offerings, as well as supply chain and asset management. This aligns with IBM's own goal to achieve net-zero greenhouse gas emissions in our own operations by 2030.

HOU: Microsoft strongly acknowledges the value of China's dual carbon goals and their importance in advancing the cause of sustainable development worldwide. Since Microsoft has committed to becoming carbon-negative by 2030 and to eliminating all historical carbon emissions by 2050, we are aware of the technical challenges involved in shouldering the responsibility of achieving and promoting sustainable development and are committed to making investments in this field using cutting-edge technologies like cloud, AI, IoT and digital twins. We will also work with industrial partners to improve the management of carbon emissions, create solutions and ultimately facilitate China's sustainable development vision.

MENG: China and the world will benefit greatly from a transition to a green, carbon-neutral economy. Like many other companies, Qualcomm believes environmental sustainability will create significant social and economic benefits. We set a goal of net-zero greenhouse gas emissions by 2040. As we explore ways to create a more sustainable and greener future, Qualcomm sees technologies such as 5G playing an essential role. We are working with our partners and customers to reduce emissions footprints, conserve resources and harness the sustainability benefits of 5G globally.