Tricoire said the 177-year-old company will not only introduce its advanced technologies to the region, but also invest in various fields, including manufacturing, R&D, supply chain and distribution centers.
"We have opened a lot of offices in the west in the past two years so that we can develop the appropriate product for China, but more specifically for west China," he said.
The company will increase investment in west China because the region has "huge potential," the same as east China, Tricoire said.
He said that as China builds new cities in the region, Schneider Electric wants to partner with local Chinese companies in the region's development.
China is playing a very important role because of its population of 1.3 billion and fast economic development, Tricoire said.
"The development of China is very directed, well organized and well executed," he said.
Nevertheless, Tricoire said, China is also facing some challenges as it transforms its growth pattern from an export-driven economy to a domestic consumption-driven economy.
The challenges, he said, include developing sustainable urbanization, tackling pollution, and going from low-cost production to an innovation society.
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