Core Insights - The article emphasizes the strategic shift of multinational companies in China, highlighting their deep integration into local ecosystems and communities, which enhances their resilience in the global market [1][2]. Group 1: Multinational Companies' Strategies - Epson has been operating in China for nearly 30 years and has transitioned from localized manufacturing to a fully integrated value chain, engaging with local communities through initiatives like immersive educational experiences for special needs students [1][3]. - The number of newly established foreign-invested enterprises in China increased by 19.1% year-on-year in 2025, while the actual amount of foreign capital used decreased by 9.5%, indicating a shift in investment dynamics [1]. - German companies have significantly increased their investments in China, with over €7 billion invested in the first 11 months of 2025, marking a 55.5% increase compared to the same period in 2024 and 2023 [1]. Group 2: Local Integration and Innovation - Epson plans to launch customized industrial robots in 2025 to meet diverse automation needs in China, while also introducing an AI learning printer in collaboration with local partners to enhance educational experiences [3]. - Hitachi Elevator has established its largest factory and R&D team in China, focusing on modernization and energy-efficient technologies in response to the evolving urban landscape [4]. - The Chinese manufacturing sector's negative list for foreign investment has been fully cleared, enhancing the attractiveness of the market for foreign capital, particularly in advanced manufacturing and modern services [5]. Group 3: Long-term Investment Trends - Despite global uncertainties, many multinational companies are committing to long-term investments in China, with Karcher planning to upgrade its Shanghai headquarters and expand production capacity in the Yangtze River Delta [6]. - Lanxess has initiated its largest global investment in five years by expanding its production base in Qingdao, driven by strong downstream market demand [6]. - The trend indicates that the Chinese market is evolving beyond a mere sales destination to become a key driver of global technological innovation and business model evolution [7].

Core Viewpoint - The elevator industry is poised for better development opportunities, particularly in the areas of upgrading and retrofitting old elevators, as highlighted by Hitachi Elevator (China) President Jia Yuhui [1]. Group 1: Industry Growth and Strategy - The main growth points for the elevator business are in retrofitting and maintenance services, with Hitachi Elevator planning to introduce more digital tools to enhance service quality [1]. - Hitachi Elevator has signed contracts for a total of 1.6 million elevators since its establishment in China, with the pace of signing accelerating significantly in recent years [1]. - The Chinese government supports the renovation of old elevators and the installation of new elevators in aging residential communities, aligning with Hitachi's strategy to leverage the "old for new" opportunity [2]. Group 2: Market Position and Achievements - Hitachi Elevator ranks first in market share among elevator suppliers in China and has received awards for being the preferred brand for elevator upgrades and retrofitting [3]. - The company has completed projects in 324 cities, adding elevators to over 47,000 old residential buildings and providing renovation services for more than 18,000 projects across 322 cities [3]. - Hitachi Elevator's reputation is bolstered by its commitment to quality and customer satisfaction, as evidenced by its strong market presence and positive public perception [4]. Group 3: Technological Advancements - Hitachi Elevator's largest R&D team and factory are located in China, enhancing its research capabilities and production capacity [5]. - The company has been recognized for its ultra-high-speed elevator technology, with a record speed of 21 meters per second, certified by Guinness World Records [5]. - Over one-third of the super-tall buildings in China utilize Hitachi elevators, showcasing its significant presence in high-profile projects [6]. Group 4: Service and Maintenance - Hitachi Elevator employs a comprehensive service network with 2,200 maintenance stations and over 12,000 maintenance engineers nationwide, ensuring extensive support for customers [8]. - The company has introduced intelligent inspection robots that perform 24/7 inspections, enhancing operational efficiency and preventive maintenance [8].