Rachel Duan, president and CEO of GE China

A1GE’s booth covers 500 square meters at the High-end Intelligent Equipment Hall of the China International Import Expo.

Under the theme of “When Minds Meet Machines”, the exhibition will display digital solutions and products across the power, aviation, renewable energy, oil and gas, healthcare, and advanced manufacturing sectors. The booth will demonstrate how GE is serving the Chinese market in clean energy and affordable healthcare, while supporting urbanization and Internet Plus with its strong track record in both the digital and industrial sectors.

It will also show how GE has supported the upgrading and transformation of China’s economy.

A2We are actively coordinating with our customers in different industries, across power, aviation, healthcare, oil and gas, to sign various contracts during the CIIE.

A3We believe that the CIIE will help to drive the development and upgrading of the industries in which GE does business.

By bringing the leading advanced manufacturing technologies, solutions, and practices from around the world to China, it will significantly push forward the progress of China’s industrial transformation.

The CIIE will also act as an accelerator for GE to fully deploy its China strategies of localization, partnership, and digitization.

As the world’s leading digital industrial company with a global footprint and depth of localized capabilities in China, GE is in a unique position to partner with our customers in their industrial transformations.

A4Hosting the CIIE is a significant move by the Chinese government to give firm support to free trade, economic globalization, and actively open the Chinese market to the world.

It facilitates strengthened economic cooperation and trade amongst countries and regions all over the world, pushing forward an open global economy.

GE’s development in China benefits significantly from the reform and opening-up of the Chinese market.

China’s pledge to further open up its markets to foreign companies strengthens our determination to deepen our presence in the Chinese market.

A5Today, China is facing a host of growing market needs, as well as opportunities to drive new growth through innovation and domestic consumption.

The demand for clean energy, affordable healthcare and mass transportation driven by urbanization all represent the meganeeds of China’s future.

This includes a power market that is expected to grow at an annual rate of nearly 5 percent until 2020, all while moving toward clean energy and natural gas; a healthcare market expected to grow as the number of people above 65 years will hit 170 million by 2020; and an air travel sector which is expected to make China the largest aviation market globally in terms of passenger flow within 10 to 15 years.

Despite short-term volatility and the country’s transition to a “New Normal” in terms of economic growth, these demands will remain in the future.