Interview: "The Chinese Market Brings Development Opportunities" - Interview with Chairman of the Board of Directors of Siemens AG, Boleren Siemens | China | Opportunities
Xinhua News Agency, Beijing, June 19th - Interview: "The Chinese Market Brings Development Opportunities" - Interview with Chairman of the Board of Directors of Siemens AG, Bo Leren
Xinhua News Agency reporter Su Liang
Siemens AG Chairman, President, and CEO Bolleren recently stated in an interview with Xinhua News Agency at Siemens Beijing headquarters that China is the world's largest industrial market and one of Siemens' most important markets in many business areas worldwide. Siemens attaches great importance to the opportunities brought by the development of the Chinese market and will continue to increase investment in China, deepen cooperation with Chinese enterprises, and continuously improve local production capacity and research and development innovation.
Siemens booth captured on November 6, 2022 in the Medical Equipment and Healthcare Exhibition Area of the 5th CIIE.
![Interview: "The Chinese Market Brings Development Opportunities" - Interview with Chairman of the Board of Directors of Siemens AG, Boleren Siemens | China | Opportunities](https://a5qu.com/upload/images/bade0cb96523814a07bd691c3b7a724b.jpg)
Bole Ren told reporters that the Chinese market is highly attractive to Siemens. With the rapid growth of its business in China, Siemens will continue to deeply cultivate the Chinese market, strive to provide better products and services for more Chinese partners, and actively participate in the high-quality development of the Chinese economy.
He stated that the Chinese market is promoting digital transformation and sustainable development, and Siemens' comprehensive automation, digitalization, and low-carbon products and solutions are in line with the needs of the Chinese market.
Bole Ren said that digital transformation plays a crucial role in global economic development and may overturn existing market logic. However, the application scope and audience acceptance of digital technology in the Chinese market are at a high level and constantly improving, and the potential for digital development in China is enormous. He believes that China plays a crucial role in the global transition towards a digital economy and will lead the digital transformation of the industrial sector.
Bole Ren recently participated in the Siemens Digital Economy Forum in Beijing, which is his second visit to China this year. At the forum, Siemens announced the launch of the fourth phase expansion project of Chengdu Digital Factory, with an additional investment of 1.1 billion yuan in fixed assets investment, which is expected to significantly increase the factory capacity after it is put into operation.
![Interview: "The Chinese Market Brings Development Opportunities" - Interview with Chairman of the Board of Directors of Siemens AG, Boleren Siemens | China | Opportunities](https://a5qu.com/upload/images/975c49fa862abcfd14c42ef920563e58.jpg)
On November 5, 2022, at the Medical Equipment and Healthcare Exhibition Area of the 5th CIIE, visitors visited the photon counting CT scanner on display at the Siemens booth.
Boloren pointed out that Siemens' Chinese partners are constantly accelerating innovation in a rapidly changing market, and demand is also constantly changing. While Siemens continues to invest in increasing production capacity in China, it is also expanding its local research and development efforts, in order to better meet customer needs and market demands. In addition, Siemens is also building a digital factory in China to promote the development and implementation of a large number of application software products in China.
Bole Ren said that there is a huge demand for digital transformation among China's large group of small and medium-sized enterprises. Siemens is optimistic about this vast market and launched the open digital business platform Siemens Xcelerator at the China International Import Expo last year, hoping to benefit more Chinese small and medium-sized enterprises by providing a complete technological architecture.