Foreign firm execs keen on China’s AI boom
2025-03-07 20:06 China Daily
XU: Airbus is particularly interested in advanced manufacturing, aerospace and green economy topics. More favorable policies to encourage domestic consumption, international trade and foreign investment, which contribute to an optimized business environment and stabilized supply chain, are very welcomed by us. China insists on high-standard opening-up to the outside world and continuously improves the business environment, promoting the world to be more closely connected, which is also an important mission of the aviation sector. This year marks the 40th anniversary of Airbus in the Chinese mainland. Our development in China is also the result of China's high-standard opening-up, so we look forward to seeing more positive signals for foreign enterprises.
Q2“New quality productive forces “is widely seen as key to helping China achieve industrial upgrade and “high-quality development“. How can your company help cultivate such forces in China?
HU: As an international financial institution operating in the Chinese mainland for 35 years, we leverage our unique position to offer international investors access to China's emerging sectors and companies, and to support innovative Chinese enterprises seeking to expand internationally. This is a crucial opportunity for UBS in serving the development of new quality productive forces. Leveraging UBS' OneBank strength, we connect private capital with Chinese companies in emerging sectors to help them secure early-stage funding. We also facilitate high-quality Chinese companies to tap into the international market through capital market activities such as IPOs. Recently, UBS has successfully supported Guming Holdings' and Mixue Group's listing in Hong Kong, the two largest primary IPOs in Hong Kong so far this year.