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Multinationals deepen engagement in China’s new industrialization through intense innovation tours

2026-05-11 09:15   环球时报网英文版

  A view of Lujiazui, Shanghai Photo: VCG

  Every minute counted on Pascal Daloz"s itinerary during his visit to China. In just three days, the CEO of French industrial software giant Dassault Systèmes shuttled between six cities, including Shanghai, Guangzhou, and Shenzhen, engaging with leading industrial enterprises and conducting on-site inspections of innovative startups.

  Through these intensive trips, he experienced firsthand the wave of innovation sweeping through China"s business landscape.

  "I"m seeing a new generation of entrepreneurs in China who are truly prepared for the global market," he told the Global Times. This, he emphasized, is what has impressed him the most over the past five years.

  He recalled that five years ago, when he visited large Chinese companies, their primary agenda was catching up technologically. "Now, the agenda is to lead," he noted.

  He highlighted the deepening cooperation between Chinese companies. Taking Chinese carmaker Xpeng as an example, he said they are moving so fast in car development — diversifying into humanoid robots and eVTOL aircraft.

  "For them, we are a perfect fit," he explained, "because we are building the foundations not only to design their products, but also to produce them. But at some point, they will have to produce their products abroad — not just in China for the Chinese market. That is really where we become extremely relevant to them."

  Ralf Brandstätter, the Volkswagen Group board member for China, echoed a similar sentiment in a recent interview with the Global Times. He highlighted the strong and deepening cooperation between Volkswagen and its Chinese partners.

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