Global elevator leader Otis has reaffirmed its commitment to the Chinese mainland as a pivotal strategic market during the 8th China International Import Expo (CIIE) in Shanghai. Sally Loh, president of Otis China, told CGTN's Xu Yi that the company takes pride in aligning its innovations with China's goals for sustainable development, smart cities, and digital transformation.
"China's rapid urbanization and focus on high-quality growth create unmatched opportunities," Loh stated, emphasizing Otis's 170-year legacy of adapting to market needs. The expo, running from November 5-10, serves as a platform for Otis to showcase energy-efficient elevator technologies and AI-driven maintenance systems tailored for China's megacities.
Analysts note Otis's strategy reflects broader trends in foreign investment, with multinationals increasingly integrating environmental, social, and governance (ESG) principles into their China operations. The company's emphasis on digital solutions also aligns with Shanghai's push to become a global tech hub by 2035.
