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Executives share expectations for 2023 market

China Daily Updated: 2023-02-23

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?

CRAPS: The concept of Environmental, Social and Governance is a top priority for us and is ingrained in our business. We focus on creating value for our business, for our partners and for a measurable positive impact on society. To this extent, we share the agenda of high-quality development. We will continue to leverage technological innovation, industry insights and localized partnerships to create a sustainable and inclusive future punctuated with more cheers. In the context of high-quality development, relevant carbon reduction technologies or solutions, innovative products in line with consumption upgrading and projects to drive common prosperity such as rural revitalization where we have our strengths — all represent very promising opportunities for us and the market.

WU: China remains one of the most important markets for DHL Express. Our commitment to long-term growth and development in China never wavers. To pursue high-quality development, in addition to the commitment to high-standard opening-up, China's intensified efforts to establish a modern industrial system are also key to sustainable quality growth. In this process, we expect the transformation and upgrading of traditional industries, the development of strategic emerging industries and the deep integration of the digital and real economies to create new business opportunities for the global logistics industry.

MOHAN: China's modernization has great significance in terms of achieving common prosperity. LIXIL has always been a firm supporter in seeking ways to contribute to China and the industry's high-quality development. LIXIL is undergoing a transformative journey that is centered on our strategic pillars. The first is transforming our business model based on a changing market. In China, we have chosen to actively transform ourselves from a traditional "product" supplier to a "product & service" integrated solutions service provider. The second pillar is digital transformation. We have established a consumer data center that captures the needs of consumers and provides more targeted product information based on purchase patterns.

HAMAGUCHI: For the healthcare industry, high-quality development is vital as it's about the health of people — the essence of people's well-being. In my opinion, innovation will boost the high-quality development of this industry and push forward industry upgrades, and ultimately improve Chinese people's health. Astellas is on a mission to be an innovator and to bring high-quality innovative drugs to patients in China and globally. In this dynamic market with huge potential, we aim to be a leader in oncology and specialty care, and continue making contributions to the fulfillment of the Healthy China 2030 blueprint.

WAN: The business environment in China is constantly improving. Aveva has been serving Chinese customers mainly in 16 pillar industries of the national economy and we are building a sustainable future with ecosystem partners in China. The way to modernization is inseparable from the innovation of digital technology. We are seeing emerging technical demands for AI, big data, industrial internet of things and edge computing. We will seize the opportunities and take a win-win approach to develop relevant solutions to drive the high-quality development of the industry.

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