Editor's note: After the release of China's first-half economic data, China Daily invited chief executives and senior leaders from key multinational companies to share their perspectives on the world's second-largest economy. Their insights go beyond short-term growth, offering a closer look at the evolving "China Opportunity 2.0" narrative amid ongoing debate over the so-called "China Shock 2.0".

Kilian Aviles, executive vice-president of Dekra Group and head of Asia-Pacific region

Q1 Many multinational companies in recent years continue to expand their investment and operations in China, suggesting that "China Opportunity 2.0" is increasingly offsetting the "China Shock 2.0" narrative. What developments or evidence best demonstrate that China is creating new opportunities for global businesses rather than posing a "shock"?

AVILES: From Dekra's decades-long on-the-ground presence and continuous investment expansion in China, the so-called "China Shock 2.0" narrative is fundamentally misplaced and decoupled from market realities. What we are witnessing is a fully mature, upgraded "China Opportunity 2.0" that delivers structural, long-term value for global enterprises, far outweighing perceived market risks. The most compelling evidence lies in the industry upgrading and high-value industrial ecosystem iteration taking place across the country. China has evolved into a global hub for high-end manufacturing, new energy, intelligent connected vehicles, digital economy and green low-carbon industries. This industrial upgrade has created entirely new service and cooperation tracks for multinational companies.