BBCNEWS Asia Business Report June 4, 2024 00:34:00
In essence 150 years, we will stay also in the future. we want to increase our market share in china. siemens is serving a 500 billion market and the outlook is that this market has a growth, combined annual growth for the next five years of 7%. which is much higher than we used to have maybe 2% to 4% in the past. the reason is that output —— our portfolio is geared for climate change. so it is all about sustainable business and technologies. megatrend is urbanisation, which puts huge pressure on the infrastructure. it is a mobility infrastructure. it is the distribution grid. massive inve...