Yin Zheng, executive vice president of Schneider Electric and president of Schneider Electric China

President Xi Jinping's speech emphasizes the importance of cooperation and openness. Through this support, we can promote the recovery of the global economy and share prosperity. The CIIE offers an advanced platform and valuable opportunity to enhance global economic cooperation and significantly reinforce the confidence of Chinese and foreign investors.

Rooted in China for 34 years, Schneider Electric has been upholding its multilocal strategy to provide digital technologies and services for energy management and automation, which is aligned to the high-quality development for the China market while achieving our own growth. Schneider Electric's development in China is a strong testament to the win-win results from China's opening-up.

Nowadays, China's industrial sectors are facing two trends which are decarbonization and the digital transformation, bringing both challenges and opportunities for pioneers. Schneider Electric is committed to becoming the digital partner for Chinese companies to achieve dual transformations.