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Forum stresses global efforts to tap top tech

Business leaders reject protectionism, underline win-win for economic growth

By LIU ZHIHUA,ZHENG YIRAN and OUYANG SHIJIA | China Daily | Updated: 2024-06-25 08:52
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Gianni Di Giovanni

Gianni Di Giovanni, chairman of Eni China and state representative of the European Union Chamber of Commerce in China, said applications of intelligent technologies in areas like energy have brought benefits to humankind. In two to three years, he predicted, life will be changed dramatically with use of more affordable and available AI technologies.

Lan Jun, general manager of Agela & Phenomenex China, an operating company of Washington-based Danaher, also highlighted the importance of global cooperation during the event.

"'China Speed' will never go out of style. Over the last two decades, China has pioneered the manufacturing sector. Now, in the era of new technology, the country still takes a leading role. In the past four years, we have witnessed mounting investments in the country's artificial intelligence sector, and numerous investment opportunities await industry," he said.

"We see China as a fertile ground for innovation. Our development in China is also the result of continuous effort and innovation. Currently, Danaher has 14 research and development teams and nine manufacturing bases in China, including the Agela factory in Tianjin. These teams and bases play a crucial role in driving technological innovation, improving production efficiency and meeting customer needs.

"For Danaher, we have an '80/80 China Localization Goal', which aims for achieving that 80 percent of China market revenue are supported by our local factories; and 80 percent of the raw materials and components used in local factories are sourced domestically. By continuously deepening our cooperation with China, we hope to provide more advanced solutions to our customers and contribute to China's high-quality economic development and technological progress."

Zhou Lanxu, Zhong Nan and Zhuang Qiange contributed to this story.

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