Foreign firms see growth potential in China

A1 There's no doubt that great leadership, a stable political environment, consistent economic policy as well as persistence of reform and opening-up have all contributed to this marvelous achievement.

However, the most important factor in my view is that China always prioritizes the well-being of its people.

Last year, China took strict and effective measures on the prevention and control of the COVID-19 pandemic, which made it the first major economy in the world to recover from the pandemic.

This is a very good example that clearly demonstrates China's focus of putting people's lives first, thus benefiting the country and all its people.

A2 China's pursuit of high-quality development will speed up industrial upgrading as well as the decarbonization process of its steel industry, and high-quality ore products will thus be in high demand.

Vale is also pleased to know that China will deepen reform and opening-up across the board.

We believe that China's determination on deepening reform and opening-up across the board will give a great boost to global economic growth and is of positive significance to fuel confidence in the global market.

Vale will continue to grasp opportunities brought by China's deepening of reform and opening-up across the board to develop together with China in the new era.

A3 I think it's the Chinese people. China has the largest population in the world, and the Chinese nation is a great nation that has made indelible contributions to the progress of human civilization over the past 5,000 years.

Vale has been partnering with China for almost half a century. During this process, we have not only done business but also made friends with many Chinese clients and partners.

We have learned a lot from our Chinese friends, and been deeply impressed by their professionalism, their diligence, their dedication, their pragmatism, their efficiency and their resilience among many other good characteristics.

A4 As China has embarked on a new journey toward building a great modern socialist country, the country will attach more and more importance to technical innovations as well as green development. Vale views these trends as great development opportunities for our company.

Vale believes that we have been well-positioned to contribute to China's new development journey and to achieve more mutual benefits and win-win results together with China.

A5 There are some areas where China could further increase the resilience of its economy and its attractiveness for foreign companies, including urbanization, traditional infrastructure and new infrastructure, which includes information-based infrastructure, converged infrastructure supported by the applications of new technologies such as the internet, big data and artificial intelligence, as well as innovative infrastructure that supports scientific research, technology and product development.

Vale has a very positive outlook on China, and we believe that the country will continue to play a leading role in global economic growth.