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After listening to President Xi's speech, what impressed me the most was China's advocation of economic globalization and its efforts to promote a new round of high-level opening up. President Xi said that economic globalization is a historic trend and although sometimes there will be headwinds, the rivers will continue to rush forward, unstoppable.

For multinational companies, especially technology companies like SAP, it is clear to us that China continues to support fair trading and globalization, the operations of multinational companies in China, protect intellectual property rights, and encourage innovation. This has created a favorable business environment for our business development in China.

As a global leading provider of enterprise application software with Germany DNA and an important advocate and practitioner of "German Industry 4.0", SAP can build a bridge to help Chinese companies go global and foreign companies to come to China. SAP is dedicated to using technology as a driving force to contribute to the long-term development of China's economy.

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