Global firms foresee fairer biz environment
Q2: "New quality productive forces "is widely seen as key to helping China achieve industrial upgrade and "high-quality development". How can your company help cultivate such forces in China?
MA: At Volvo Group, we aim to drive prosperity through sustainable transport and infrastructure solutions. The business transformation we are experiencing in both transportation and infrastructure sectors is perfectly aligned with China's top agenda for new quality productive forces, as both emphasize innovation-driven and green development. We are committed to leading the industrial transition toward electrification, and we are doing this with an international setup, with China being an important part of our strategy. Through our R&D center in Jinan and production base in Shanghai, Volvo CE has launched a range of electrified equipment, which helped expand our new energy product lineup in both Chinese and international markets. Volvo Group is also actively contributing to China's circular economy goals. In 2023, soon after Premier Li Qiang's visit to our remanufacturing center in Shanghai, we successfully completed China's first import order for remanufactured engines. This year, we will take a step further and initiate a pilot program for bonded remanufacturing operations in China. This initiative seeks to enhance our role in the circular economy, underscoring our commitment to innovative and environmentally responsible business practices.
YU: To support the development of new quality productive forces, TotalEnergies is investing in renewable energies in China, including wind and solar power, as well as contributing to the development of energy storage and high-quality rubber products. Additionally, TotalEnergies is focused on providing low-carbon products to support China's high-quality development, particularly in the aviation sector. For example, in partnership with Sinopec, we are developing a sustainable aviation fuel production unit in China.
SHIH: Thanks to China's dedication to developing "new quality productive forces", Rockwell has the opportunity to engage in many key areas, including technology innovation and smart manufacturing. To further support China's development in these fields, Rockwell leverages our global network and over a century of expertise in smart manufacturing to actively promote the industrial-scale application of technological innovations. Rockwell is dedicated to helping the cultivation of China's "new quality productive forces" through energy transition, life sciences, high-end equipment, digital and AI innovations, and explorations in other fields. Foreign enterprises have become a vital part of China's technological innovation. Rockwell firmly believes that the open environment and policy support in the Chinese market will continue to enable us to unlock the full potential of technology and smart manufacturing, working closer with our local partners.
OZAWA: Canon contributes to the cultivation of "new quality productive forces "in China by developing and providing innovative products, solutions and services that meet the needs of the Chinese market. Particularly in areas where Canon excels, such as imaging, printing, healthcare and semiconductor-related industrial equipment, we integrate advanced technologies like AI, big data and cloud computing to help drive the digital transformation and upgrading of related industries in China. At the same time, by expanding localized R&D and production capabilities, extending partnerships with upstream and downstream companies and strengthening green and low-carbon development, we aim to better adapt to the rapidly changing demands of the Chinese market. We are committed to continuously contributing to China's high-quality development through these efforts.
