Global biz execs upbeat on annual meetings' aims

A1 It is encouraging for us to see from the annual Central Economic Work Conference held last December that the Chinese government will implement a proactive fiscal policy to sustain economic growth in 2022. A stable macroeconomic environment and unwavering commitment to further reform and opening-up are crucial for us to make long-term investment decisions since most of our businesses are both capital and technology intensive in nature. We look forward to seeing the detailed policies and regulations to be released at this year's two sessions.

A2 China's high-quality development strategy embodies a future-proof vision based on a thorough understanding of economic growth and its impact on global climate change. It is driven by innovation and sustainability, which will enable China to build a greener future.

Corning's 171-year company history is imbued with inventing life-changing technologies using our deep expertise in material science. Our sustained investment in research, development and invention means we're always ready to solve the toughest challenges alongside our customers.

A3 In 2021, Corning delivered over 20 percent year-on-year growth in sales with strong contributions from China. We achieved mass production at three of our display glass manufacturing plants and one pharmaceutical tubing plant in Bengbu. We also made an announcement of a major investment in Chongqing for both of our display and protective cover glass businesses to support our customer's business growth and economic development in western China.

In 2022, we plan to further expand our capacity in several of our businesses to support growing demand from our customers.

A4 China's miraculous economic success in the last four decades was achieved largely due to the strategic approach, which focuses on openness, collaboration, sharing, innovation and sustainability.

Throughout the last four decades, Corning has built long-lasting strategic partnerships with China's industry leaders in display, optical communications, life sciences, automotive and consumer electronics industries. We have been playing a pivotal and enabling role in the ecosystems of industries we participate in.

A5 China has always been a strategic market for Corning, and is so far the only one where all five of our market-access platforms have a presence outside the US. In the last four decades, we have invested over $9 billion in 23 manufacturing and research facilities with over 6,000 employees in China.

In 2022, we plan to execute our announced capital projects, expand employment as we ramp up production and invest in new businesses as the opportunity presents itself.