Gim Huay Neo, managing director of the World Economic Forum (WEF), has praised China's forward-looking businesses and vibrant innovation ecosystems. In a recent survey conducted by the WEF, China's business leaders and new entrants to the job market were the most optimistic about the implications of technology for their prospects in the future. This has led to a shift in how multinational companies engage with China, with many looking to set up innovation hubs to tap into the country's talent base and enhance quality output. This year marks the start of China's 15th Five-Year Plan period, which aims to address issues in the domestic market and the international market.