From left to right: Henry Han, group senior vice-president of ABB and president of ABB Robotics in China; Cissy Wang, general manager of CSL China; Kais Marzouki, chairman and CEO of Nestle Greater China Region; Joy Fan, president and CEO of The Estee Lauder Companies China. [Photo/China Daily]
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".
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"?
HAN: "China Opportunity 2.0" represents a fundamental shift toward openness and shared progress that extends far beyond basic market access. China is transitioning from volume-driven to value-driven growth, supported by open innovation such as open-source AI. This shift is creating real, sustainable demand for global partners.
