Dr. Christoph Schrempp,vice-chair of the European Chamber Tianjin Chapter. [Photo provided to chinadaily.com.cn]
European businesses are seeing expanding opportunities in China's intelligent economy, advanced manufacturing sector and innovation-driven growth, with many viewing the country as an increasingly important global hub for industrial upgrading and future technologies, according to a senior representative of the European business community.
Speaking at the "CEO: Grow with China" roundtable on the sidelines of the 2026 World Intelligence Expo in Tianjin on Thursday, Dr. Christoph Schrempp, vice-chair of the European Chamber Tianjin Chapter, said China's rapid advances in artificial intelligence, automation and intelligent manufacturing are reshaping the global industrial landscape and creating new opportunities for cooperation between Europe and China.
He said emerging technologies and AI-driven business transformation are expected to significantly change the business environment over the coming years, while China's strengths in industrial deployment and manufacturing scale are accelerating this transition.
Highlighting China's rapid progress in industrial automation and robotics adoption, Schrempp said China currently has around 470 industrial robots per 10,000 workers, surpassing many other advanced economies.
