U.S. Media: Over 80 global executives, including Apple CEO Tim Cook and Eli Lilly CEO David Ricks, attended the China Development Forum, indicating U.S. companies are recommitting to their market strategies in China.
Tim Cook praised China's technological advancements and revealed that 90% of Apple's production in China now uses clean energy; iPhone 17 drove a 23% year-on-year sales increase at the beginning of the year, while the overall Chinese smartphone market declined by 4% during the same period.
Eli Lilly announced a $3 billion investment in China over the next decade, and its weight-loss drug Mounjaro has already been included in China's medical insurance program this year.
Volkswagen CEO Oliver Blume visited China twice within four weeks, admitting that this year is crucial, and the company will launch 20 new vehicle models.
Original Source: toutiao.com/article/1860468731657354/
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