Top executives weigh in at CIIE

A1: Omron has participated in the China International Import Expo for four consecutive years. It has been a great opportunity for exchanging innovations and sharing insights with our partners and exhibitors. Through the expo, we hope to promote the high-quality development of the overall industry. At the same time, we also expect the expo could exert a strong motivating effect on our business in China and drive us to take root firmly in the Chinese market.

A2: In the post-pandemic era, how to promote global economic cooperation is a key subject. Therefore, the China International Import Expo will play a role in gathering diversified industries such as healthcare, service trade, intelligent technology and consumer goods. It will embody creating economic value through linking and integrating different industrial chains.

A3: The strong growth of China's economy and its further opening-up undoubtedly led the recovery of global economy and trade. The rapid growth of China's trade has produced a strong spillover effect on the world, and its continuously advanced reform and opening-up policy will enable China's economy to maintain a long-term positive trend and thus make a contribution to global economic growth.

A4: The consumer demand of the health industry now tends to be diversified. In addition, China's Outline of the 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035 has put safeguarding people's health in a strategic position. All these positive factors will promote the vigorous development of the health industry, especially smart medical care in China's consumer market.

A5: We are very confident in it. In recent years, China has continuously deepened reforms in aspects like streamlined administrative procedures and improved services, and opened green channels for high-quality imported products to increase support for market entities. In addition, the China International Import Expo is held in an orderly and timely manner every year, which indicates China's business environment will become more dynamic and creative.

A6: Since China's reform and opening-up, the country has shifted from "bringing in" to "going global". Various initiatives such as joining the World Trade Organization, jointly building the Belt and Road Initiative, setting up free trade zones and holding the China International Import Expo have symbolized China's opening-up has reached an unprecedented level, and many valuable Chinese ideas and approaches have been introduced to the world.

A7: As a foreign-funded enterprise, we expect China to create a more stable, transparent and predictable environment for foreign investment, so the whole process of foreign investment in China will be more concise and efficient.

A8: Currently the COVID-19 pandemic is still rampant all over the world, the world economy has not yet fully recovered and unilateralism and protectionism are intensifying. In such a context, firm support for free trade and multilateralism will effectively facilitate regional economic recovery, drive global economic growth and promote fairness and win-win results.