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"China is only at the beginning of the journey of increased gas which we think will at least double if not triple in the next 10-15 years. Right now the percentage of natural gas in China's energy mix is still relatively small (6.6 percent in 2017) compared to some of the more advanced economies (ranging from 22 percent to 67 percent)," he said.
"China has a rich pedigree of bringing innovations to the world. It has also established itself as the global manufacturing center, with an in-built ambition to be the world leader in many technological breakthroughs," said New.
"China has now become the second-largest economy, and in the coming decades it will be the largest economy. So, China's leadership has much more responsibility down the road," he said.
"China accounted for approximately 30 percent of the cumulative growth in world GDP since 2010; absent this support, there is a very good chance that the world would have lapsed back into renewed global recession in the aftermath of the financial crisis," he said.
"CIIE is orderly and well-organized," he said. "CIIE gives companies like AstraZeneca a channel to tell our stories in China, and also provides a platform to enhance understanding among different participants coming from all over the world."
