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China Daily / 2023-10 / 31 / Page015

Execs sanguine on China's manufacturing future

China Daily | Updated: 2023-10-31 00:00

Editor's Note: With strong policy support, unremitting technological innovation and industrial upgrading, China's economic recovery continued to gather steam in the third quarter, with its GDP expanding by 4.9 percent from a year earlier, leading to a 5.2-percent year-on-year growth in the first three quarters. China Daily presents a series of Q&As with top multinational corporation executives, discussing their perspectives on the Chinese economy and how they will position future business in China.

Q1 Given the complex current global economic and geopolitical situations, how do you position the Chinese market in your overall global business radar? What's your outlook for China's economy and your company's operations in the country for this year and next?

GEORGE XU: China is the largest single-country market for Airbus commercial aircraft and represents over 20 percent of Airbus' annual deliveries in recent years. Airbus regards China as a long-term strategic partner and contributes to the high-quality development of the Chinese aviation industry. We have a very positive outlook for China's economy as the recovery is gathering great momentum. China will become an important driving force in global economic performance as well. For Airbus, 2023 and beyond are full of opportunities to continue developing business and cooperation in China.

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