Pius S. Hornstein, Country Lead of Sanofi Greater China:

President Xi Jinping's keynote speech underlines the importance of openness and cooperation. Through these pillars of support, we can promote the global economy's recovery and share prosperity, enabling countries to respond to global issues more positively such as pandemics, climate change and energy issues. The CIIE provides a unique platform and valuable opportunity to promote global economic cooperation and greatly boosts the confidence of Chinese and foreign investors.

In the context of the pandemic, the digital economy has become a new focal point and major driving force for economic recovery. Sanofi has been spearheading collaboration with leading digital companies and startups and is committed to working with partners to drive the healthcare industry's digital transformation and open a new era of healthcare. We hope to continue exploring new digital healthcare innovations in the future and provide Chinese patients with high-quality digital solutions to support the Healthy China 2030 initiative.

Sanofi continues to accelerate its introduction of innovative products and vaccines, benefiting from the expanding CIIE spillover effect. From 2020 to 2025, Sanofi is expected to bring more than 25 innovative medicines and vaccines to China. Meanwhile, we will continue to deepen our investments in China, seize development opportunities in key economic areas, and expand the scale of our R&D and manufacturing to bring innovative and high-quality products to Chinese people.