A robot attracts delegates during the Shanghai Global Investment Promotion Conference 2025 held on Tuesday. CHINA DAILY
Several enterprises have vowed to invest in Shanghai as the city pledges to improve government efficiency and facilitate technology innovation. Their investment commitments came during the Shanghai Global Investment Promotion Conference 2025 held on Tuesday, which also marked the beginning of a weeklong business soliciting activity called "Invest in Shanghai". Let's hear what they said.
Philippe Laufer, executive vice-president of 3DS Global Brands at Dassault Systèmes. [Photo provided to chinadaily.com.cn]
We see a very dynamic environment. A lot of industry segments are flourishing. We are of course going to expand in China. We also have a joint R&D lab to advance our strategy, which is "In China, for China, with China".
We are working with local partners, enhancing their skills so that they are in the best position to implement our solutions.
Judy Marks, chair, CEO and president of Otis. [Photo provided to chinadaily.com.cn]
Shanghai, like other cities in China, focuses on urban renewal and the path to become a smart city. We see this offering tremendous opportunities for large-scale renovations.
Our Shanghai global R&D center is an ideal environment to further develop our IoT-based predictive maintenance solutions for equipment maintenance. Shanghai is also known for its policies promoting technology pilot programs. I believe the city could be one of the ideal places for us to deploy AI and other digital technologies.
Kyle Redinger, vice-president Invista. [Photo provided to chinadaily.com.cn]
Very encouraged by Shanghai and also Beijing's attempts to improve the efficiency of business operations.
Over the last 10 years, we have invested $2 billion in Shanghai. Our last two investments were both major construction projects. We are focused not so much on new investment, but working with partners to promote the continued development of the industry. And we continue to focus on the improvement of our facilities, working on digitalization, AI, and automation facilities.
Li Shufu, chairman of Geely Holding Group. [Photo provided to chinadaily.com.cn]
Shanghai, a vibrant international metropolis, is not only the frontier of China's reform and opening-up and driver of the economy, but it is also an innovation hub connecting the world and the top choice for global companies to establish themselves when planning for their future.
Shanghai has long been an "accelerator" for Geely's technological transformation and globalization.
Geely will continue to increase its investment in Shanghai, focusing on cutting-edge fields such as new energy vehicles, intelligent connectivity, and methanol-hydrogen ecology, helping build a world-class automotive industry innovation ecological cluster in Shanghai.
