Group 1 - Michelin aims to achieve global carbon neutrality by 2050, with all its tire factories in China targeting this goal by 2030, 20 years ahead of schedule [2] - At the China International Import Expo (CIIE), Michelin (Shanghai) Polymer Co., Ltd. signed a strategic cooperation agreement with the Yangtze River Delta Carbon Fiber and Composite Materials Technology Innovation Center to promote green transformation and technological upgrades in China's composite materials industry [2][5] - The CIIE attracted 4,108 companies from 155 countries and regions, with a 23.1% increase in participation from countries involved in the Belt and Road Initiative [2] Group 2 - Michelin showcased several products at the CIIE, including a rigid inflatable boat made from composite coated fabric, marking its debut in the Chinese market [3] - Otis introduced the new Gen3 Comfort smart elevator and a new inspection robot at the CIIE, enhancing elevator safety through a technology-driven proactive protection system [3] Group 3 - IKEA launched its "Fusdamnian" Chinese New Year product series at the CIIE, featuring 25 new items designed with elements of horses and goldfish, marking its eighth consecutive year of participation [4] - The electric sofa RULLERUM, first introduced at the 2022 CIIE, has sold approximately 78,000 units, accounting for 26.96% of IKEA's total sofa sales in the 2025 fiscal year [4] Group 4 - Nippon Paint signed over 20 contracts at the CIIE, with a 50% increase in contract volume compared to the previous year, indicating strong business growth potential [5] - Michelin's collaboration with the Yangtze River Delta Carbon Fiber and Composite Materials Technology Innovation Center focuses on high-performance, sustainable, and non-toxic resin systems for broader industrial applications [5] Group 5 - Increasing numbers of foreign companies are establishing factories and core departments in China, with Karcher investing over 3 billion yuan since 2018 and expanding its production base in Changshu, Jiangsu Province [6] - Mitsubishi Electric established its new Chinese headquarters in June 2023, marking a shift towards integrated production, sales, and research operations in the Chinese market [6]