Joe Ngai, chairman of McKinsey Greater China. [Photo provided to chinadaily.com.cn]
China's growing competitiveness in advanced manufacturing, clean energy, artificial intelligence and robotics is creating new opportunities for multinational companies, according to Joe Ngai, chairman of McKinsey Greater China, who spoke during the 17th Annual Meeting of the New Champions, also known as the Summer Davos Forum, held in Dalian, Liaoning province.
"In many areas of industrial development, especially in high tech manufacturing, clean energy, and the usage of AI, robotics, I think the Chinese industry is indisputably in the leading edge of global development," Ngai said.
Ngai made the remarks on Wednesday after attending the opening ceremony of the Summer Davos Forum, where Premier Li Qiang delivered a keynote speech.
Ngai noted that the gap between China's leading companies and many of their global peers continues to widen.
