China will deliver broad-based growth
Q5 As China continues to pursue high-quality development along a Chinese path to modernization, what opportunities do you anticipate for your business as this process gains more traction? Will you increase investment in China in the coming years? How will you further expand your footprint in China?
XU: At Rio Tinto, we are committed to finding better ways to meet the world's needs for essential materials, and we invest in long-term partnerships to achieve this goal. In alignment with China's high-quality development plans, we are collaborating with Chinese partners to develop low-carbon solutions and promote decarbonization across the industry value chain. Together with our Chinese partners, we are advancing the world-class Simandou iron ore project, with the first production planned for this year. Its high-grade ore will play an essential role in the production of low-carbon steel. This year, the Western Range project, our joint venture with China Baowu Steel Group in Western Australia, will also begin operations. We are leveraging Chinese innovation to help us achieve our decarbonization targets, including a demonstration of our battery swap electric haul truck technology at our Oyu Tolgoi copper mine in Mongolia.
ZHU: Accenture has been operating in the Chinese mainland for nearly 40 years and will continue to bring in our most advanced concepts, capabilities and technologies. In leveraging the power of reinvention in action, Accenture has been strengthening capabilities in data and AI, expanding practices in key areas like high-tech and life sciences, shaping unique solutions and creating great experiences for clients and partners. It is now a pivotal moment for Chinese companies to drive productivity and growth, innovate boldly, and position themselves at the forefront of the next wave of change. We are committed to better understanding and serving the needs of our clients, achieving profitable growth and creating a 360-degree value for all our stakeholders in China.
YOSHIDA: We will continue leveraging our diverse business portfolio, strong technological foundation and operational capabilities to deepen communication and cooperation with Chinese creators and local partners. Sony is committed to playing an active role in optimizing industrial structures in China, promoting the growth of new quality productive forces, contributing to creative entertainment, green development, technological innovation and cultural exchanges, and working together with the broader society.
ZHANG: Dassault Systemes benefits from China's high-quality economic development, with the demand driven by digital transformation presenting new opportunities for future business growth. We will continue to leverage industrial software as the "digital brain" of the industrial economy, acting as a stabilizer, driving technological innovation and accelerating green transformation while fostering new momentum for China's "smart manufacturing". As a result, Dassault Systemes is more confident and committed to its investment in the Chinese market than ever before. This year, we will establish a subsidiary in Shenzhen to help nurture emerging industries. In 2025, marking Dassault Systemes' 20th anniversary in the Chinese mainland, we will further expand our investment, focusing on three strategic sectors — manufacturing industries, life sciences and healthcare and infrastructure and cities. We will continuously optimize products and solutions to meet the specific needs of the Chinese market and collaborate with more innovative Chinese companies to jointly drive technological innovation and market expansion.
