China will deliver broad-based growth
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?
XU: As China accelerates the development of new quality productive forces to drive high-quality growth, we believe this will create sustained demand for the minerals critical to the global energy transition. China continues to be the world's leading consumer and producer of metals, and its evolving growth strategy presents significant opportunities for our industry. To meet growing demand, we are strategically expanding our capabilities in key commodities. Our Oyu Tolgoi copper mine in Mongolia is on track to become the world's fourth-largest copper mine by 2030. Rio Tinto is also committed to driving technological innovation, promoting sustainable development, and strengthening industry collaboration. By introducing cutting-edge technologies across our operations, we aim to enhance efficiency and reduce environmental impact.
ZHU: Companies worldwide are under intense pressure to adapt to the fast-changing business landscape or risk falling behind. Productivity is in the crosshairs. For businesses in China looking to boost their productivity and performance, technologies led by AI present an unprecedented opportunity to create value, respond dynamically to change and build resilience. According to Accenture's estimation, adopting a holistic approach to productivity, with generative AI acting as multiplier, could boost a company's productivity growth from 1.9 percent to 15.9 percent. We are well poised to help companies in their reinvention journey adopt a more strategic, integrated approach toward AI, establish a strong digital foundation, and rethink talent strategy.
YOSHIDA: We are advancing the development of "new quality productive forces" through continuous technological innovation. For example, in content creation we offer integrated solutions that combine hardware, software, technology and services for Chinese creators — such as virtual production technology — which improves content creation quality and efficiency, reduces costs and carbon emissions, and helps cultivate industrial talents through competition and activities. Furthermore, in enhancing user experience, we utilize cutting-edge technology, such as location-based entertainment technology, to offer immersive experiences that engage Chinese users deeply. On the green development front, we have contributed to the circular economy and achieved a balance between ecological sustainability and economic growth, utilizing self-developed environmentally friendly materials.
ZHANG: The development of "new quality productive forces" is key to achieving a leap in productivity. The growth of the digital economy has become a crucial way to tackle challenges. Dassault Systemes benefits from China's innovation ecosystem under "new quality productive forces", leveraging the 3DEXPERIENCE platform to support industrial upgrading, smart manufacturing, and sustainable innovation. Through virtual twin technology, we help industries like automotive, aerospace and construction reduce processing time and resource waste. We will collaborate more closely with Chinese customers, leveraging our expertise in digital technologies to drive digital transformation and innovation, achieving greater success in global markets. In China, for China, with China, and most importantly, from China.
