STORY: French multinational Schneider voices confidence in Chinese market, eyes business expansion
SHOOTING TIME: Sept. 7, 2024
DATELINE: Sept. 8, 2024
LENGTH: 00:02:04
LOCATION: XIAMEN, China
CATEGORY: ECONOMY

SHOTLIST:
1. various of Schneider Electric
2. SOUNDBITE (English): VINCENT BRUNEAU, Vice president of Global Supply Chain China of Schneider Electric

STORYLINE:

Vincent Bruneau, vice president of Global Supply Chain China at Schneider Electric, attended the 24th China International Fair for Investment & Trade in Xiamen. Bruneau said that the company has great confidence in the Chinese market and is eyeing expansion of its business in China.

SOUNDBITE (English): VINCENT BRUNEAU, Vice president of Global Supply Chain China of Schneider Electric
"Schneider Electric has been in China for 37 years. We have implemented China strategy, an agile mechanism, allowing strong collaboration between R&D production and sales to be closer to the Chinese market and to meet the needs of local customers. Building a robust supply chain is the key of the China strategy. China is today the second largest market and one of the most important supply chain bases for Schneider Electric in the world. It is also one of the four global R&D centers for us as well as an important source of innovation and growth for us. Our factories are an important part of our supply chain.
At Schneider Electric, we are very confident of the Chinese economy, taking a long-term and optimistic view of the Chinese market and striving to deepen our local operations. Driven by the government's call for pursuing high-quality development and developing the new quality productive forces, China has demonstrated a good trend in seeking digital, green and low-carbon transformation. This helps to unlock the new growth drivers of enterprises. China is further opening up and optimizing its business environment.
At Schneider Electric, we are always optimistic about the future of China, always looking at the long-term. Our Xiamen industrial park, which we began to build this year, represents another major move of us to keep reinforcing our footprint in China. It has demonstrated our long-term optimism about Xiamen in particular, and China, in general, as well as a determination to delve deeper here." 

Xinhua News Agency correspondents reporting from Xiamen, China.
(XHTV)