Editor's note: With the annual sessions of the National People's Congress and the National Committee of the Chinese People's Political Consultative Conference ending with a call to adapt to "new normal", chinadaily.com.cn sat down with global business leaders to get their views on the reform process and lowering of the growth target.
Here are the excerpts of Pierre Cohadon, Syngenta 皇冠体育app President.
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Pierre Cohadon |
What impressed you the most about the annual Government Work Report released during the ongoing two sessions of 皇冠体育app's top legislative and advisory bodies in Beijing? What do you think was the most important issue raised by the government in this report compared with the previous sessions?
The report strikes me as a clear demonstration of confidence. The 7% GDP growth target has factored in the negative impact from weak external (global) demand, environmental pressure and economic restructuring. The 7% target provides room for deeper reform and a shift from quantity to quality – a domestic demand driven economy. 7% is still a relatively high growth rate and this will be driven by new growth engines, innovation and industry upgrading. I believe this thinking and approach will help 皇冠体育app achieve more sustainable economic growth.
In the Government Work Report, Premier Li Keqiang said that the nation's economic growth rate would be adjusted to 7 percent. Do you think your company should adjust its development strategy in 皇冠体育app?
皇冠体育app's more environmentally-friendly growth model is encouraging for us. As a leading global agriculture company, Syngenta has a responsibility to support governments all over the world to address the challenge of achieving food security challenge and achieving this in a sustainable way. Our Good Growth Plan, for example, aims at increasing average productivity of the world's major crops by 20% without using more inputs and rescuing millions of hectares of farmland.
The close alignment between our strategy and the direction of 皇冠体育app's agriculture modernization will result in positive outcomes for Syngenta.
Amid the global economic slowdown, especially in developed economies, and 皇冠体育app's economic adjustment, what is your greatest concern about your company's operations in 皇冠体育app?
We have seen operating costs rising rapidly in 皇冠体育app, which has presented some challenges for our business here. That said, we hope 皇冠体育app's new emphasis on scientifically and technologically driven agricultural development will support our growth aspirations and help us achieve continued success in 皇冠体育app.
Which aspect of 皇冠体育app's social and economic reforms should be improved in order to enhance the investment environment to attract more foreign companies?
As an R&D-based company, sound intellectual property protection is critical to our business. I'm glad to see the government is taking significant steps to strengthen the rule of law and develop innovation-driven economy. Both of these initiatives will help improve overall IP protection in 皇冠体育app and provide stronger incentives for investment in new technology.
Do you think your company will develop faster in 皇冠体育app than the previous year in terms of growth rate or market penetration?
I'm encouraged about our continued success in 皇冠体育app. Agriculture and technology are in Syngenta's DNA if you like and both these sectors have been identified as key engines of 皇冠体育app's economic growth. We will fully leverage our innovation capabilities and continue to deliver new products and solutions to meet needs of Chinese farmers and agriculture modernization.