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
At this year"s Hannover Messe held in April, Schneider Electric showcased energy-tech convergence - the powerful integration of electrification, open software-defined automation, AI and digital intelligence - to help industrial organizations turn operational, energy and workforce challenges into competitive advantages.
In Groeger"s view, China is an innovation driver in industrial automation, digital transformation, sustainable development, and high-quality growth. China"s continued push for high quality development and openness strengthens our confidence to deepen localization, expand innovation, and contribute to China"s industrial modernization while scaling these innovations globally, he said.
He Yadong, a spokesperson for the Ministry of Commerce, said on April 16 that in 2025, foreign investment in China"s scientific research and technology services sector accounted for nearly one-fifth of the country"s total actual utilized foreign capital — a share that has steadily risen for seven consecutive years, reaching 3.8 times the level in 2018.
China has a complete industrial system and a large market, and its innovation-driven industries are undergoing continuous upgrading. With numerous application scenarios, this combination provides foreign enterprises with more opportunities for development in China and greater market confidence, Hu Qimu, a deputy secretary-general of the Forum 50 for Digital-Real Economies Integration, told the Global Times.




