July 27, 2012 // By: Helen Tian and Perry Manross
“China is facing challenges with its industry structure and growth model,” said SAP China president Hera Siu in her welcome keynote on day one of China SAPPHIRE. “Key to China’s economic transformation is the creation of a new development focus and enhanced competitiveness.”
Siu’s statements pertained to the government’s aspirations to move the country from traditional, manufacturing-based and export industries to knowledge-based industries, as outlined in China’s current (12th) Five Year Plan. These strategic emerging industries are to form the basis of China’s economy in the future and contribute a significantly higher amount to the country’s GDP.
SAP is in the thick of this transformation in and is taking part in economic and social development in China by supporting more than 5,700 customers and working with more than 100 partners.
SAP’s innovations around mobility, big data, and cloud are changing the way people live and work, Siu continued. “The advancements in these areas help us break all kinds of barriers. With integrated solutions and long-term commitment to local market, SAP is confident of the development in China.”
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