Core Insights - The 8th China International Import Expo (CIIE) is being held in Shanghai from November 5 to 10, showcasing nearly 50 innovative products and solutions from Philips in key areas such as diagnostic screening, disease treatment, and personal health [1][3] - Philips has established itself as a co-creator in China's healthcare sector, with a complete local R&D and manufacturing system, and emphasizes collaboration with hospitals and research institutions [3][7] AI and Healthcare - According to Philips' 2025 China Future Health Index Report, China is a leading market for AI in healthcare, with 89% of patients believing AI enhances care quality, significantly higher than the global average of 59% [3][4] - 84% of healthcare professionals in China believe AI can save lives through early intervention, and 77% see AI as a tool for efficient patient triage [3][4] Innovation and Product Launches - Philips' focus on integrating AI into real-world workflows aims to address clinical pain points, with an annual R&D investment of €1.7 billion, nearly 50% of which is allocated to AI and data science [4] - The company launched ten new medical products at the expo, many of which are powered by AI, covering diverse scenarios from precision diagnosis to personal health management [4][5] Consumer Health Trends - Data shows that 94% of Chinese consumers prioritize health management, with 47% of young people frequently purchasing health products and services, reflecting a shift from "treatment after the fact" to "daily prevention" [5] - Philips promotes a new personal care philosophy of "integrated health protection," showcasing solutions for oral, skin, and scalp care at the expo [5] Commitment to the Chinese Market - Since establishing its first joint venture in China in 1985, Philips has become a trusted partner in the health industry, with China being its second-largest market globally [7] - The company has set up five innovation R&D centers and five production bases in China, achieving over 95% of its products being developed and manufactured locally [7] - Philips expresses confidence in the Chinese market and plans to deepen local cooperation, particularly in AI and healthcare technology, contributing to the "Healthy China" initiative [7]