Siemens CEO says technology innovation keeps driving China's growth expectation

China

Siemens CEO says technology innovation keeps driving China's growth expectation

2025-06-07 10:46 Last Updated At：06-08 12:56

China's technological innovation and development keeps the country's economic growth at a high level, said Roland Busch, president and CEO of Siemens AG in an interview with the China Central Television (CCTV) which aired on Friday.

The CEO said as China steps up efforts in building a technology-driven economy, the German company is also digitalizing its products so as to better serve its clients.

"Number one is all about really deploying technology. Technology, which is automating, it's digitalizing, it's helping very much to really keep the momentum in the China's marking up, to keep their growth expectations on that high level. This is the reason why we launched our Siemens Xcelerator platform, which is an open platform which allows to sell our products digitally." said Busch.

Busch added that Siemens Xcelerator, which was launched at the 2022 edition of the China International Import Expo, can help companies produce more efficiently and the platform works hand in hand with China's efforts to promote digitalization of the country's small and medium-sized companies.

"We have the most comprehensive portfolio to build digital twins. And this helps companies to accelerate their development time. Leveraging this technology in the manufacturing space we can drive productivity, reduce your footprint, also your energy consumption. Since this technology we want to spread it to many companies, also smaller ones, we are building an ecosystem of integration companies so they help deploy the technology on this helpful floor, if the companies don't have the capabilities," he said.

Chinese, Iranian FMs have phone conversation

China opposes the use or threat of force in international relations, opposes imposing one's own will on others, and opposes a return of the world to the "law of the jungle," Foreign Minister Wang Yi said during a phone conversation with Iranian Foreign Minister Seyed Abbas Araghchi on Thursday.

During the call, Araghchi briefed Wang on the latest developments in Iran, saying the recent unrest was incited by external forces and that the situation has now returned to stability.

Saying that Iran has made preparations to respond to external interference while keeping the door wide open to dialog, Araghchi expressed hope that China would play a greater role in promoting regional peace and stability.

Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, said that China consistently upholds the purposes and principles of the UN Charter and international law, opposes the use or threat of force in international relations, opposes imposing one's own will on others, and opposes a return of the world to the "law of the jungle."

He said that the Chinese side believes the Iranian government and people will stay united, overcome difficulties, maintain national stability, and safeguard their legitimate rights and interests.

Wang also called on all parties to cherish peace, exercise restraint, and resolve differences through dialog, adding that China is willing to play a constructive role in this regard.