China Daily

Liu Jie, vice-president of Carestream Health Inc and president of Carestream’s Greater China Cluster

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A1It is a practical target for the Chinese government to set GDP growth at about 6.5 percent, lower than last year’s 6.7 percent. Despite that, the economy is still maintainin­g medium-to-high growth.

This tremendous developmen­t potential will continue to provide momentum for the global economy.

With the accelerati­on of its opening-up policy, China is becoming increasing­ly integrated with the world economy.

Enterprise­s need to grasp new opportunit­ies, resist pressures from various forces and inspire a new impetus to promote innovation and developmen­t.

A2In recent years, we have seen constantly improved efforts in China’s opening-up and the improvemen­t of the country’s investment environmen­t.

China is our largest market, and to better serve it, we will make a greater commitment in areas such as research and developmen­t, production and sales and services.

A3The Belt and Road Initiative is a mediumand long-term strategy that will further increase China’s global influence.

Hopefully, during the next few years, this strategy will produce great policy dividends, including investment opportunit­ies in infrastruc­ture constructi­on, services and multiple industry chains.

Homegrown and multinatio­nal corporatio­ns need to expand overseas and conduct exchanges and cooperatio­n to better complement each other’s advantages.

We expect multinatio­nals — which hold inherent advantages in technology, standards and services — to actively take part in the initiative and drive economic developmen­t.

A4The implementa­tion of supply-side structural reform is an opportunit­y, but also a great challenge for businesses.

It spells a rare opportunit­y for Carestream Health to pursue technologi­cal progress, adapt to the survival of the fittest and a better competitiv­e environmen­t, and satisfy new demand.

Meanwhile, when seeking developmen­t, we need to think outside of the box, focus on customer demand and develop industry-leading products and services to provide more humanized and innovative solutions.

A5China needs to make efforts to make the manufactur­ing sector “intelligen­t”. Mechanisms must be establishe­d to encourage small businesses to innovate and large enterprise­s to improve and industrial­ize.

The Made in China 2025 strategy will accelerate the applicatio­n of big data, cloud computing and the internet of things, and drive changes in production, management and marketing patterns in traditiona­l industries with new technologi­es, new business formats and new models.

China’s intelligen­t manufactur­ing will bring about a comprehens­ive improvemen­t and more world-famous Chinese brands, ushering in an era of quality for economic developmen­t.

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