MNCs share optimistic outlook on China market

Q5 As China continues to pursue high-quality development along a Chinese path to modernization, what is your vision for your company's business in the country? What business opportunities do you foresee emerging as part of this process?

POIROT: Being present in China for over three decades, Air Liquide has been part of the country's modernization journey. In the context of China's pursuit of further modernization, we'll continue to see the Chinese market expanding and the Chinese people's demand increasing for high-quality goods and services, which is a great attraction for global enterprises. In line with this path, Air Liquide China is committed to strengthening partnerships in high-end sectors, such as electronics, quantum computing, IoT, artificial intelligence and space. Moreover, we will continue to scale up our low-carbon and renewable electricity sourcing, optimize our supply chain, improve the efficiency of production units and implement innovative carbon capture technology.

XIA: Green transformation has become one of the key elements in China's high-quality development. Sustainability is also at the core of Evonik's strategy globally and in China. Therefore, we are committed to taking an active part in this transformation and seeking deeper cooperation with local partners. We will continue to provide the latest innovative and sustainable solutions to the market. We look forward to venturing further to promote the green and low-carbon economy and contributing our share to China's high-quality development.

XIE: China is in pursuit of high-quality development with the decarbonization of its steel industry. Vale is fostering pioneering iron solutions to support our Chinese clients on this journey. Apart from offering high-grade iron ores, we are promoting the development of new products and low-carbon technologies, such as Green Briquettes for both blast furnaces and direct reduction furnaces, which allows for an over-10-percent emissions reduction. We have been in discussions with some potential Chinese partners for participation in mega-hubs. We seek to continue being the most reliable raw material supplier to China and embrace a carbon-neutral green future together with China.

AGARWAL: China's focus on achieving higher-quality growth in a more efficient and sustainable manner will further foster innovation and sustainability, providing more opportunities for Henkel. In recent years, the growing purchasing power of Chinese consumers and rising aspirations for a better life have required companies like Henkel to continuously introduce innovative products that offer superior experiences. Our strong local innovation and production capabilities established in the past decades enable us to empower our customers in broad industries to capture new opportunities and deliver high-quality products.

MACCORMAC: Rolls-Royce has been part of China's growth story for 60 years, since we delivered our first engine to power China's civil aviation in 1963. Our business in China is built on this strong foundation, and our relationship has evolved into multifaceted and mutually beneficial partnerships.

As we look into future development, China has set "dual carbon goals" for the industries we operate in. Rolls-Royce is well positioned to support this pledge. We are determined to use our position as a global power group to play a role in creating a resilient, inclusive, net-zero carbon future. We look forward to working with Chinese partners on this path.