Schneider Electric sees AI, green tech future

China's rapid strides in industrial artificial intelligence, green transformation and high-end manufacturing will drive Schneider Electric to further invest in the world's second-largest economy, with the potential to reshape industrial ecosystems globally, according to a senior executive at the French industrial conglomerate.

As a key driver of global growth, China offers a vast market, strong industrial base and rich innovation resources, said Ali Haj Fraj, senior vice-president of Schneider Electric.

In recent years, with China's cultivation of new quality productive forces, technological innovation is driving major industries to accelerate the growth of digital and green productivities. This has brought broader development space for Schneider Electric within the country, said Fraj.