China's dynamic expansion opportunities
Q3 China's innovation ecosystem has become an increasingly important engine of growth. How do you assess the contribution of artificial intelligence and other frontier technologies to China's productivity growth, industrial upgrading and long-term economic resilience? More broadly, what significance does China's innovation have for global technological progress and the opportunities available to foreign companies?
AVILES: China's innovation ecosystem, led by AI, digital technology and green frontier technologies, has become the core engine of its long-term economic resilience and industrial upgrading, bringing profound and positive changes to productivity improvement and global technological progress. Domestically, frontier technologies are reshaping China's industrial development logic. AI and digital technologies are empowering traditional manufacturing with intelligent transformation, significantly improving production efficiency, product quality and industrial matching accuracy. In high-end manufacturing, new energy and intelligent transportation fields, technological iteration and scenario verification in China's super-large market have accelerated industrial maturity, promoted the upgrading of industrial standards, and greatly enhanced the overall competitiveness of China's industrial chain.
MUSTO: AI and frontier technologies are reshaping how we accelerate innovation — from drug discovery through clinical development to patient services. China possesses a unique strategic advantage: it combines innovation capability with remarkable speed in real-world execution. China's healthcare industry is advancing at a remarkable pace. China speed is not just a phrase — it is a reminder fueling global innovation through the momentum of China's development. The creativity and talent we see here, together with the continued evolution of the regulatory environment, are inspiring. We believe in the potential of China's innovation ecosystem, and we want to be active participants in it. That means co-developing, co-innovating, and building real partnerships with the companies that are defining the future of medicine in China and globally.
TAN: AI and other frontier digital technologies serve as a core pillar for China's industrial upgrading and long-term economic resilience, driving marked efficiency improvements across the entire manufacturing, retail and logistics value chains. For multinational companies, China's mature AI deployment ecosystems, massive consumer data pools and well-developed supportive industrial chains present a unique testing ground for overseas brands to refine their global digital operating models. Skechers is steadily advancing its digital transformation. At this stage, AI is primarily deployed for the production of graphic and short-video marketing materials as well as routine document processing, substantially shortening content delivery lead times. Intelligent upgrades for supply chain management and consumer operations remain an ongoing area of exploration.
BAO: We see the contribution of AI and frontier technologies most clearly in their practical application. A good example is the new Huanggang Port project — a landmark cross-border transport hub in Shenzhen, Guangdong province. Building on our long-term strategy in the Guangdong-Hong Kong-Macao Greater Bay Area, Kone is one of the few companies capable of delivering fully integrated people flow solutions while meeting the distinct regulatory and industry standards of both the Chinese mainland and Hong Kong. For this project, Kone supplied all 184 elevators and escalators, supported by AI-enabled connected services that continuously monitor equipment health and enable predictive maintenance.
