Global business leaders and Chinese officials underscored China's pivotal role in driving sustainable economic growth and green innovation at the 2025 China Development Forum (CDF) in Beijing. Siemens AG CEO Roland Busch highlighted the nation's focus on 'new quality productive forces' to address global economic challenges, praising China's efforts to modernize its economic framework and foster fair competition.
'China is changing the operating system of its economy to unlock higher efficiency and innovation,' Busch stated, emphasizing the importance of cross-sector collaboration to turn challenges into opportunities. His remarks align with Chinese Premier Li Qiang's reaffirmation of China's commitment to openness, with plans to expand market access for foreign investors in key industries.
Mercedes-Benz Group AG Chairman Ola Kallenius echoed this sentiment in a CGTN interview, describing China as the company's 'most critical market.' He announced new investments in Fujian Province, where the automaker is developing next-generation vehicle platforms. Kallenius also noted the timing of heightened EU-China cooperation this year, coinciding with a major bilateral anniversary.
The forum spotlighted China's dual priorities: advancing high-tech industries while accelerating the green transition, initiatives that analysts say position the country as a linchpin for global economic stability.
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China's role in global economic growth hailed during 2025 CDF
cgtn.com