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Core Viewpoint - Schneider Electric has consistently participated in the China International Import Expo (CIIE) since its inception in 2018, showcasing its commitment to the Chinese market and emphasizing the increasing proportion of original products developed in China [1][2]. Group 1: Company Commitment and Strategy - Schneider Electric has been operating in China for 38 years and considers it its second-largest global market and a key supply chain and R&D base [1]. - The company is committed to its "China-centered" strategy, focusing on digital technology, ecological cooperation, and industrial applications to drive transformation in key sectors such as data centers, oil and gas, and zero-carbon parks [1][3]. - The company has established an agile mechanism integrating R&D, production, and sales, continuously investing in talent and ecological cooperation to better meet local market demands [3]. Group 2: Product Innovation and Market Response - At the CIIE, Schneider Electric introduced several innovative products, including the BlokSeT low-voltage switchgear and the upgraded MasterPacT MTZ air circuit breaker, which was launched simultaneously from its Shanghai factory [2]. - The company reported a 26% increase in signed contracts at the 2024 CIIE compared to the previous year, indicating strong market demand for its innovative solutions [2]. - Schneider Electric's environmentally friendly switchgear, developed in China, has been widely adopted globally, contributing to sustainability efforts by reducing greenhouse gas emissions [2]. Group 3: Global Market Strategy - Schneider Electric views China as a vital strategic hub for expanding its global business, leveraging the country's market vitality and scale [3]. - The company aims to enhance its investments in China, emphasizing that its operations not only serve the local market but also enable Chinese innovations to be exported globally [3].