China Development Forum in Beijing: What CEOs are saying

The executive for the French defense giant, which operates in China, said safeguarding the company’s technology is actually important, however the effort is actually no barrier to his firm’s success there.

Guyot reframed the issue to place the idea outside of the hot-button topic of “technology transfer.”

“The brand new rule of success is actually to co-develop in China,” he said. “the idea’s to generate technology by China together with Chinese partners. In in which case, we don’t talk about transfer of technology — we talk about building value in China, for China in addition to also for the group.”

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