MIL-OSI Russia: ​China Brings More Confidence to Global Economy

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

Source: People’s Republic of China – State Council News

Leaders of multinational companies, taking into account the actual situation of scientific and technological innovation, social development and other aspects in China, hope to jointly explore new synergies in the fields of digital technology, artificial intelligence and healthcare.

“I am very happy to be back in China. IKEA has been in China for 60 years, but we are thinking about the next 60 years,” Inter IKEA Group CEO Jon Abrahamsson Ring said recently, adding that long-term cooperation with China is important and that the development of Chinese renewable energy technologies is “very good,” which will contribute to IKEA’s future sustainable development.

Sean Green, President and CEO of BMW Group China, noted that “Chinese consumers are on average around 20 years younger than Europeans.” BMW is addressing the digital needs of young Chinese consumers and is deepening strategic collaborations with Chinese technology companies, deeply integrating cloud-based interactive capabilities and personalized generative AI experiences so that vehicles can more seamlessly adapt to China’s smart city infrastructure in the future. André Hoffmann, Deputy Chairman of the Roche Group, noted that China’s healthcare needs, coupled with an aging society, are growing and will provide greater opportunities for innovative medicines to develop. He stressed that Roche looks forward to working closely with the Chinese government, healthcare providers and industry partners.

Schneider Electric Group Chairman Jean-Pascal Tricoire said Schneider Electric is working with multiple Chinese suppliers to implement carbon-reducing practices. Its plant in Shanghai’s Putuo district has reduced its new product development cycle by 63% and increased its average production efficiency per person by 82%, setting a model for existing plants. By 2027, Amway plans to upgrade and improve more than 100 spaces where people can use its products to promote a healthy, quality lifestyle. The company will also undertake research projects such as building its own organic farms, anti-aging plant breeding, and space breeding…

The rapidly growing Chinese market will continue to create new growth poles and bring more dynamism and confidence to the global economy. “The transformation of the Chinese mainland economy has opened up enormous opportunities for the world. Various breakthrough innovations are transforming the economic structure and driving economic growth,” said Hong Kong Stock Exchange Chairman Tang Jiacheng. “As a leading financial center in Asia, Hong Kong can provide important financial support for these innovations,” he added.

Standing at a new historical turning point, the Chinese market has transformed from a uniform production base into a global source of innovation. Foreign-invested enterprises need to seize the breakthrough opportunities of “future technologies” such as artificial intelligence and quantum computing, and deeply develop “markets in third-tier cities and below” that are closely related to people’s social security.

MIL OSI Russia News