Beijing: US-based industrial automation company Rockwell Automation is eyeing opportunities arising from China’s digital and green transformation, a senior executive says.
Ian Shih, president of Rockwell Automation China, said the company is also planning to drive more collaborations in China’s strategic emerging industries, such as new energy and life sciences.
Since Rockwell entered the Chinese market in 1988, it has been deeply impressed by the remarkable resilience and dynamism of the country’s economy, Shih added.
In the context of China’s ongoing efforts to promote a dual-circulation development pattern and the reshaping of global supply chains, he said Rockwell has witnessed an increasing number of Chinese enterprises expanding their horizons and seeking opportunities overseas for a second wave of growth.
“In tandem with this expansion, these companies are prioritising the acceleration of their digital transformation journeys in order to strengthen their core competitiveness on the global stage,” Shih said.
He highlighted that Rockwell is stepping up efforts to help Chinese enterprises achieve digitalisation and intelligent transformation by applying its innovative technologies and strengths in smart manufacturing.
Noting that China has placed great emphasis on technological innovation, he said the company looks forward to leveraging its experience in industrial automation and digital transformation, and accelerating the innovation and application of emerging technologies such as 5G, artificial intelligence and industrial internet of things in China.
“We believe that cultivating new productive forces necessitates upgrading the quality and models of businesses in China,” he said.
The company is capitalising on the opportunities from China’s digital and green transformation journey and strengthening collaboration with a wider range of local partners to contribute to the sustainable development of the Chinese economy, he added.
“Promoting high-quality and sustainable economic development has become a critical issue worldwide.
“China’s economy has seen continuous improvement in both efficiency and green development due to a series of policies,” Shih pointed out.
“We are encouraged by China’s commitment to providing a world-class business environment for foreign companies,” he said.
China is the world’s largest manufacturing country, with its industrial output accounting for nearly 30% of the global total, ranking first for 14 consecutive years, according to the Industry and Information Technology Ministry. — China Daily/ANN