“中国具备无可替代的供应链优势”（见证·中国机遇）

Core Insights - Panasonic views the China International Import Expo (CIIE) as a platform for showcasing innovations and understanding market trends, emphasizing its commitment to the Chinese market and its growth alongside it [2] - The company has participated in all eight editions of the CIIE, focusing this year on themes related to smart living and urban development, reflecting its response to China's high-quality development goals [2] - Panasonic's business in China has grown significantly, now accounting for 24.4% of the group's global revenue and contributing 30% to its profits, highlighting the importance of the Chinese market [2] Investment and Localization - The rapid development of artificial intelligence in China is a key factor driving Panasonic's increased investment and localization efforts in the country [3] - Panasonic has established partnerships with local companies, such as Simo Technology in Shenzhen for quality control and Shenyang Siasun Robot & Automation Co. for logistics efficiency, showcasing its commitment to local innovation [3] - The company has achieved nearly 100% localization in the design and development of its home appliances and residential equipment in China, sourcing from over 3,000 local suppliers [3] Market Environment - The unique supply chain advantages in China are a significant motivation for Panasonic's continued investment, as the country offers collaborative efficiency and innovative capabilities [3] - The ongoing expansion of China's high-level openness provides foreign companies, including Panasonic, with substantial growth opportunities, supported by government initiatives aimed at optimizing the business environment [3][4] - Panasonic aims to deepen local R&D and investment while expanding collaborations with Chinese innovation partners to benefit a broader population [4]