MNCs keen to grow amid further opening-up

Q1 Given the backdrop of a feared global economic recession, threats to global supply chains and the deep impact of the COVID-19 pandemic, what's your outlook for China's economy and your company's operations in China in 2023?

XU: I have a positive outlook for China's economy in 2023 as I see recovery gathering great momentum, which will contribute to global economic performance as well. For the aviation industry, the turning point has arrived with a strong rebound in both domestic and international markets. Although challenges such as mounting energy costs, geopolitical disruptions, fragile supply chains and global warming still remain, China's reopening will surely improve our capability to resist these risks.

Moreover, the orders Airbus received from China in 2022 have shown that farsighted Chinese airlines are optimistic enough to make investments for a post-COVID-19 air traffic recovery and growth with long-term vision. Therefore, I believe 2023 is a year of opportunities for Airbus to continue developing business and cooperation in China and maintaining a strong impetus in the China market.

WU: The Chinese market has presented strong resilience and potential in the past few years. Despite facing a multitude of challenges, the government remains committed to consolidating and expanding the ongoing economic recovery. China will remain a key growth driver for the global economy. China's vast market and ongoing economic reforms provide ample opportunities for foreign and domestic companies alike.

JUANG: HP has been in China for 40 years. We were one of the first US-based companies to establish a high-tech joint venture here. And over the past four decades, we have grown in China, with China and for China.

As we look forward, we see many opportunities to build on our success and serve the needs of our customers and communities. China's growing market, rapid technological development and advanced industry are paving the way for long-term, sustainable growth. We will continue to support the digital transformation of enterprises and SMEs to innovate for our customers and enhance the way they work, live and play.

CHUNG: The slowdown of global economic growth has brought all sorts of uncertainties, but the long-term positive outlook for China's economy remains unchanged. With the adjustment of China's contagion prevention measures, we see that the consumer market has begun to revive, social and economic vitality has been further released, and China's economy has been showing its strong resilience and great potential.

After 30 years of deep cultivation and development, China has become the most important strategic market for Nippon Paint. We will work together with our local partners to provide more innovative products and solutions tailored to China in 2023, and help promote the construction of high-quality economic development in the Chinese market.

LECLERC: As the third-largest market for The Coca-Cola Company, China continues to be a strategically important market that we highly value and at the same time, offers long-term opportunities for us. Over the past three years, we have witnessed and benefited from this market's strong resilience and potential, allowing us to sail through and achieve steady business performance. I'm confident that the Chinese market will regain its economic vitality and unleash more consumption potential in the future.