China will deliver broad-based growth
Editor's Note: This year marks a critical milestone as China concludes its 14th Five-Year Plan. To help in assessing the success of the process, we have asked multinational executives to share with our readers their insights about their business achievements in the past few years and further expectations in the years to come.
Q1 What's your view on the just-concluded two sessions? Do you expect any specific policy measures for further deepening reforms and expanding high-standard opening-up? What more should China do to create a more enabling business environment for foreign investors?
XU: The annual two sessions have become a key window for multinational companies to gain insights into China's development agenda. Over the past years, we have been encouraged by the clear and concrete policies released, which provide a strong sense of direction for China's economic future. We are looking forward to more certainties from China, and we have full confidence in its continued progress. China has been steadily advancing its high-quality development plans, with a significant focus on energy transitions. We greatly support China's ongoing efforts in this area, which are vital not only for the country, but also for global sustainability. China's 2025 Action Plan for Stabilizing Foreign Investment sent a positive signal of further opening-up.
ZHU: We believe the experiences China gained from reforms and opening-up in the past and the determination to continue leading such initiatives will give the country a strong start for the next five years. The policies and measures to further accelerate innovation and boost productivity, expand market access for foreign investors in key industrial sectors, lift restrictions and improve services will help China deliver broad-based growth in a sustainable way. Amid constant change, it's a necessity for China to continuously facilitate vitality while keeping healthy competition in its markets. Foreign companies, together with their Chinese counterparts, will be able to make the best use of their innovations and best practices to improve returns on investment and archive incremental growth.
YOSHIDA: Sony expects the government to continue formulating policies that create a stable, transparent, and innovative development environment for foreign businesses. Specifically, we hope to see policies that enable us to further realize our "Creative Entertainment Vision" in China, where we aim to bridge the gap between virtual and reality through creativity and technology. This vision also emphasizes promoting cross-community and cultural exchanges and integration. In addition, Sony is committed to contributing to the green consumption and industrial upgrading of China. With our rich technological expertise and product portfolio, we look forward to playing an active role in advancing these sectors.
ZHANG: As a global provider of the 3DEXPERIENCE platform, Dassault Systemes views the two sessions as a crucial opportunity to understand China's future policy direction and inform our strategic decisions. We hope for more detailed policy support for foreign companies involved in China's new industrialization, particularly in high-tech sectors. Additionally, we look forward to further opening-up in areas like digital transformation and sustainability. Simplified regulations, stronger intellectual property protection and fair market access remain critical for foreign investors. China can enhance policy transparency and accelerate cross-border data flow. Over the past year, we have benefited from China's increasingly open business environment and will continue to invest and serve local customers, empowering digital transformation across industries.
