Core Insights - The China International Import Expo (CIIE) serves as a significant platform for companies like Asahi Kasei to showcase their innovations and engage with diverse stakeholders [2][4]. Group 1: Company Strategy and Innovations - Asahi Kasei has participated in CIIE for the fourth consecutive year, focusing on four key areas: "Automotive Intelligence," "Digital Development," "Healthy Living," and "Low-Carbon Green Energy" [2]. - The company introduced Bembreez, a biodegradable product made from natural materials, and the Planova virus removal filter, which ensures safety in biopharmaceutical production [2][4]. - Asahi Kasei emphasizes co-creation with China rather than merely transferring technology, aiming to develop solutions tailored to the Chinese market [4]. Group 2: Collaborative Efforts and Market Focus - The company plans to implement a "technology localization + joint innovation" model, collaborating with Chinese enterprises and research institutions to advance technologies in battery and water electrolysis [4]. - Asahi Kasei has established co-creation centers in Shenzhen and Shanghai, along with various laboratories and technical centers in Suzhou and Shanghai, to support localized research and development [4]. - The microelectronics division of Asahi Kasei introduced two key solutions: VELVET SOUND for automotive audio and non-contact sensing solutions for health management in aging populations [5][7]. Group 3: Market Growth and Future Plans - Asahi Kasei's microelectronics business in China continues to grow, with a focus on contributing to health management and safety in the context of an aging society [7]. - The company aims to strengthen connections with local customers and partners to provide products and solutions that meet the needs of the Chinese market [7]. - The CIIE is viewed as a crucial stage for showcasing the company's diverse business and fostering opportunities for co-creation with other industry leaders [7].

Core Insights - The Chinese market is increasingly attractive for multinational companies due to its unique characteristics, strong industrial clusters, and efficient innovation centers [1] Group 1: Local Value Chain Development - The conditions and prospects for foreign investment in China are improving, with the 2024 Global Foreign Direct Investment Confidence Index ranking China 3rd, up from 7th in 2023 [2] - Asahi Kasei showcased sustainable innovations at the China International Import Expo, emphasizing collaboration and co-creation with the Chinese market [2] - Asahi Kasei plans to implement a "technology landing + joint innovation" model to enhance local partnerships and address market needs [2] Group 2: Localized R&D and Manufacturing - Nippon Paint expanded its exhibition space at the expo and introduced several innovative solutions aligned with national development priorities [3][4] - Nippon Paint has over 70 production bases and 10 R&D centers in China, with significant investments in local manufacturing capabilities [3][4] - Boston Scientific has accelerated local integration in R&D and manufacturing, launching multiple locally developed medical devices [5] Group 3: Strategic Investments and Collaborations - Medtronic announced its first localized TAVR surgical AI solution and established a digital medical innovation base in Beijing [6][7] - Cargill has signed over $30 billion in cooperation agreements at the expo, focusing on animal nutrition and health solutions [7][8] - Cargill is investing in upgrading its Shanghai innovation center and expanding its production facilities in China [8]