Chinese President Xi Jinping's recent meeting with global business leaders has reignited discussions about China's role as a hub for technological advancement and international cooperation. In an exclusive interview with KhabarAsia.com, Siemens AG CEO Roland Busch emphasized the company's confidence in China's economic trajectory, calling it 'a cornerstone of global innovation.'
Busch highlighted China's focus on developing 'new quality productive forces' – a term coined by Chinese leadership to describe innovation-driven growth – as key to attracting sustained foreign investment. 'The speed of digital transformation here is unmatched,' he said, noting Siemens' plans to expand collaborations in smart manufacturing and green energy solutions.
'What makes China unique is its ability to implement large-scale industrial upgrades while maintaining stable growth. This creates unparalleled opportunities for technology partners.'
The CEO's comments follow President Xi's pledge to deepen market access for foreign businesses, particularly in advanced manufacturing and sustainable development sectors. Analysts suggest such partnerships could accelerate Asia's transition to high-tech industries while strengthening global supply chains.
