MNCs keep faith in China's growth potential

A1 I believe this year's two sessions will continue to send a positive message of China's high-level opening-up, from which companies like Qualcomm have benefited for years. The superior stability, consistency and continuity of China's policies, along with the market environment where all companies, Chinese and foreign, are treated equally and engaged in fair competition, is an important guarantee for our rapid growth in the country.

A2 China's innovation-driven economic development approach holds considerable promise and will be a solid cornerstone for the global economy. Digital economy is an excellent vehicle for innovation and is key to high-quality and green development of the Chinese economy under an accelerated "dual-circulation" pattern. We will continue to engage closely with China's industries to jointly build the digital ecosystem, and advocate the speeding-up of 5G, AI and IoT adoption across industrial sectors to help fuel China's high-quality economic development.

A3 Qualcomm has been working closely with the entire industry to accelerate the ecosystem. 5G keeps evolving and our partnerships with Chinese industries are at an all-time high.

Looking ahead into 2022, the digital economy will continue to grow rapidly, including sub-sectors such as 5G, AI, IoT, industrial internet, VR/AR and intelligent-connected vehicles. With Qualcomm's "one technology roadmap", we will embrace the biggest opportunities in China by working together with industry partners to make technology more accessible to accelerate the 5G-powered digital economy.

A4 Qualcomm built up partnerships with our Chinese customers and partners over decades. We believe that strong relationships between global tech companies are the biggest stabilizing force for global collaboration. We will continue to support China's ecosystem in wireless communication, smart devices, IoT, AI, and automotive through a series of programs such as the "5G Pioneer Initiative" and "5G IoT Innovation Initiative". We will help our partners better tap into opportunities in the global market, and jointly build new ecosystems, sectors and models in a digital economy.

A5 Like many domestic and foreign companies that have benefited from the continuously improving business environment in China, we are upping our investments, expanding our presence and seeing a growing list of partners in the country. In the meantime, China has attached great importance to the development of its digital economy and positioned this as a national strategy, which promises even greater growth potential for the whole mobile ecosystem.