Plenum reinforces MNCs' optimism on China

Editor's Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, their operations in China and their business plans for 2024 and beyond, in the wake of the momentous resolution adopted at the third plenary session of the 20th Communist Party of China Central Committee in mid-July.

Q1 The third plenary session of the 20th Communist Party of China Central Committee in mid-July has rolled out the reform and opening-up roadmap for the Chinese economy in the coming years. What are your major takeaways from the plenum? What are the biggest opportunities you spot in China's new measures to deepen reform and further open up its economy? How do you plan to capitalize on these opportunities in your specific industry?

LUSKIN: The plenum's focus on international cooperation is encouraging for multinational corporations like Mobileye. As a leader in Advanced Driver Assistance Systems and autonomous driving technologies, Mobileye is particularly excited about the potential to contribute to the continuous evolution and development of China's automotive industry. The new measures signify a commitment to integrating global best practices and fostering innovation, which aligns perfectly with Mobileye's long-term mission and strategic focus. To capitalize on these opportunities, Mobileye will continue to enhance its deep collaboration with leading Chinese OEMs, China-based foreign joint ventures, tier-1 suppliers and industry partners across the supply chain. This collaboration ensures that Mobileye's safe, scalable, high-performance and cost-efficient solutions eventually benefit millions of Chinese consumers through deployment across a wider variety of car models.