What are the most innovative trends or products in China?
Hunter: The country is implementing the "Internet Plus" initiative, which aims to transform and upgrade industries through the internet and digitalization. At Henkel, we have a similar agenda to leverage digitalization and Industry 4.0 to accelerate our business growth, better serve our customers, optimize our processes and transform the entire company.
Garnier: I believe there will be strong growth in electronic products. With accelerated upgrading and improved quality of electronic devices, prices become increasingly affordable for consumers.
Electronic products that were expensive and seldom available in supermarkets in the past can now be found in our stores, as living standards here rise and prices fall.
China is known as a manufacturing giant, but what will be the country's "calling card" in the future?
Hunter: As it transforms into an innovation-driven economy, innovation will be the country's core competency. China has already demonstrated its potential for innovation in areas such as the internet, and there will be more in the future. The scale of its economy and the availability of investment capital provide fertile soil for more innovation to take root and blossom.
Garnier: I believe it will eventually become the world's No 1 market because of stable growth and global strategic cooperation. With a consumer market of 1.3 billion people, China has become the world's largest import and export market.
Such a huge market will definitely attract the investment of overseas resources and bring a great number of opportunities. This will significantly contribute to enhancing China's competitiveness.
