The 15th Summer Davos Forum (2024 New Champions Annual Meeting) concluded successfully in Dalian at the end of June.This significant national-level,  diplomatic,  and business forum serves as a crucial window for the world to understand China.It also provides China with a platform to communicate with the rest of the world.Centered around the theme "Next Frontiers for Growth," this years forum focused on innovation and entrepreneurship, guiding us to address the challenges and opportunities presented by the ever-changing global landscape.

Participation and Insights

必威体育登录手机Representating a multinational technology company, Agilent was honored to attend this high-profile event for the first time.Outside the events, we had the opportunity to engage in detailed discussions with industry leaders and executives, exchanging insights on industry opportunities and corporate development strategies.This article summarizes the takeaways and reflections from the forum.

Confidence in Growth

With the global economy facing a slowdown and the benefits of large economies decreasing, numerous industries are moving from uncontested "blue oceans" to competitive "red oceans." Facing these challenges, where does the future growth momentum lie?This was a primary concern for most attendees and a key motivation for observing and seeking solutions from China.Although these issues cannot be resolved in a single meeting, the forum aimed to enhance understanding, build consensus, and foster confidence for collective efforts towards a unified direction.

Premier Li Qiang's speech at the opening ceremony left a profound impression.His practical suggestions for growth, including seizing opportunities from technological revolutions, and industrial transformations, resonated with our observations.China's commitment to creating a market-oriented, law-based, and international business environment, along with its openness to foreign investment, instilled confidence in the audience.

Opportunities

The forum's agenda was packed with engaging content, with a significant focus on artificial intelligence (AI).Discussions covered various aspects of AI implementation, such as leveraging AI for business development and industry advancement.The popularity of these sessions highlighted the immense interest in AI.必威体育登录手机We anticipate that generative AI and large language models will enhance operational efficiency and customer experience in high-end manufacturing sectors like Agilent.

必威体育登录手机Agilent attended parallel forums on "Biological Innovation for a Better Future" and "Unlocking the Potential of Biotechnology." These sessions brought together investors, pharmaceutical and technology executives, and researchers.The discussions emphasized the value of synthetic biology and the industry's efforts to accelerate the adoption of new technologies.From a scientific instruments perspective, we can provide better technical support to help companies innovate and commercialize their research.

Sustainable Development

Sustainable development was a key theme in Premier Li Qiang's speech.必威体育登录手机Agilent's commitment to sustainability is well-recognized in the industry.Sustainable development is no longer just a vision!it requires concrete actions from both companies and individuals.必威体育登录手机Agilent is dedicated to contributing to this cause through innovative solutions and localized development.

Conclusion

必威体育登录手机In conclusion, the new technologies and emerging sectors discussed at the forum present significant opportunities for Agilent.Our strategy is to balance innovation and economic viability, support customers in enhancing laboratory operations, and develop digital and intelligent solutions in line with the AI revolution.As we navigate these growth frontiers, we remain committed to our mission of improving human life through insightful and innovative solutions.

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