Soundbites

Zhang Heping, general manager of Sanofi Pasteur China

Openness and tolerance, innovation and leadership, mutual benefit and win-win cooperation, the key words of economic development President Xi Jinping mentioned at the international service trade fair, are also new opportunities for Sanofi Pasteur's future development in China.

The CIFTIS is the first major offline international economic and trade event held by the government since the COVID-19 outbreak. It is a testament to the government's actions to continue to support the open world economy and lead international cooperation. It will bring positive and far-reaching significance for all countries' economies and their industries under COVID-19.

China is the most important market in Sanofi Pasteur's global business map. We deeply feel the government's determination to create a higher level of opening-up, encourage innovation and create a better business environment.

Gu Chunyuan, chairman of ABB China

The keynote speech delivered by President Xi Jinping via video at the CIFTIS was very impressive. With China's further opening-up and strong focus on digital technologies, we are more confident that the country's growth and development journey will continue.

We will keep investing in China in line with our long-term commitment of being "in China, for China and the world", continue to push the boundaries of technology, and energize the transformation of society and industry to achieve a better and more sustainable future together.

Andy Ho, president for China of Royal Philips

After watching President Xi Jinping's keynote speech delivered at the Global Trade in Services Summit of the 2020 China International Fair for Trade in Services via video, we are confident about the Chinese government's continuous effort to improve the business environment and facilitate technology innovation in healthcare sector.

In the current global context, the launch of the CIFTIS reflects China's responsibility as a major country and, together with all relevant parties around the world, the country is promoting the development and prosperity of global service trade and driving the recovery of the world economy. As cooperation and openness are the keys to global economic development, we believe that the Chinese government is committed to reform and opening-up by establishing a fair business environment for global companies.

Jefferson Wang, global partner of Kearney Management Consultants

President Xi Jinping's keynote speech was inspirational and clear. Kearney management consultants, a global specialized service provider with a footprint in the China market for more than 30 years, is confident of China's future prosperity in global trade in services.

Amid the global pandemic and uncertain geopolitical situation, China has launched such an offline flagship international fair for trade in services. This is a strong demonstration of China's commitment for further opening-up. Different from isolationistic trend of certain economies, it is critical to attract global investments through further opening-up, increasing global connectivity as well as improving the business environment.

The service industry, with high-end producer services such as finance, IT and professional services in particular, is one of the most internationalized sectors in the global value chain. Extending China's trade in services is of two great significances. On one hand, it can accelerate China's economic transformation and global connection. On the other hand, we see China's world-class advantages in specialized sectors such as digital technology and e-commerce et cetera.