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Economy

Innovation proves driving force in China(2)

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2017-09-22 09:38China Daily Editor: Wang Zihao ECNS App Download

For Carrefour, we cooperate with the government to construct a more complete retailing system, while developing new technologies and launching new projects. These include Direct Purchase and China Quality Line with QR codes.

We prioritize natural fruit and vegetable production areas, including those in western regions. We are delighted to see income growth of farmers in central and western regions increasing through this cooperation and technical exchange. The project also enables eastern and western consumers to experience high quality produce at better prices through our store network and online business.

What are your expectations for the 19th National Congress of the Communist Party of China and what key issues will you be watching for?

Hunter: There is huge global attention on the Congress, especially around the composition of the new Chinese leadership. Regardless of any changes, I expect the Congress to reaffirm China's development agenda and strategic priorities.

Garnier: Carrefour has been in China for 22 years and our exploration and innovation of various formats are inspired and supported by national policies. We have grown together with the country and we change together.

As for the 19th National Congress of the Communist Party of China, I'm looking forward to the policies to maintain fast economic growth. A fast-growing economy in China will offer us a more stable environment and will influence the future development of the retail industry.

What is your impression of President Xi Jinping?

Hunter: I think he is a very visionary leader. The Belt and Road Initiative and the Asian Infrastructure Investment Bank are great examples of his forward-looking proposals. On the domestic front, he has also advocated for China to carry out industrial upgrading by developing smart manufacturing.

Garnier: President Xi Jinping has unique political wisdom. We can see China is leading the world in many aspects, such as the digital economy, culture and industry under the leadership of President Xi.

His globalization (views) at the World Economic Forum in Davos earlier this year was of considerable significance for economic development, cultural integration and resource-sharing worldwide.

How do you view China's role in the world today?

Hunter: The country is already playing an indispensable role as it takes a more proactive part in shaping the future of the global economy. China is vital for the stability of the global economy and is also increasingly creating value for the world through its innovation.

Garnier: As the second largest economy in the world, China shoulders important missions in the globalization process. This is not only about trade and economic exchanges with different countries, but also about export values and culture.

The country today demonstrates an overwhelmingly rapid development trend in terms of culture and economics."Made in China 2025" is gradually transforming into "Innovated by China", with new brands, new products, and new technologies.

  

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