President Xi Jinping's speech on the opening ceremony of the third CIIE shows China's vision and inclusiveness as a major country of the world. His message is of profound significance in an uncertain global economic environment. At Siemens, we share the same commitment with China - a firm commitment to openness and partnership! We believe that China's further opening-up will provide enormous "China opportunities" for the world, breathing fresh life into the world's economic recovery and development.

Siemens has taken roots in China for nearly 150 years. We have become a fully localized Chinese company. We have strong confidence for the great potential and resilience of the China market. From the "new infrastructure" initiative to the 14th Five-Year Plan (2021-2025), we see "new opportunities" from China's new development pattern of "dual circulation". We also aspire to play a bigger role in the "domestic circulation" of the Chinese economy, and contribute our digital innovation technologies to help transform industries that form backbone of economies, for the common good of people. Together with Chinese customers and partners, we will co-create a more sustainable future and transform the everyday for all.