Beijing, China - July 16-17, 2025 (CCTV - No access Chinese mainland)
1. Venue for third China International Supply Chain Expo (CISCE)
2. Exhibition booths, visitors
3. Royal Philips' exhibition booth
4. SOUNDBITE (English) Roy Jakobs, CEO, Royal Philips (ending with shots 5-6):
"Philips knows the importance of the China market and that's why I'm coming as the CEO every quarter, being on the ground, talking to customers. China market is moving very fast, so if you stay out too long and you come back, you are missing a lot of relevant developments."
5. Various of exhibition booths, visitors

FILE: China - Date Unknown (CCTV - No access Chinese mainland)
6. Various of traffic, pedestrians

FILE: Suzhou City, Jiangsu Province, east China - Date Unknown (CCTV - No access Chinese mainland)
7. Philips office building

Beijing, China - July 16-17, 2025 (CCTV - No access Chinese mainland)
8. SOUNDBITE (English) Roy Jakobs, CEO, Royal Philips (partially overlaid with shots 9-12):
"It's very important to participate in the Supply Chain Expo. So we are very big in, for example, diagnostic imaging. One of the very important modalities is the CT scanner and the MRI scanner. So we have a big factory in Suzhou that has a very strong ecosystem around it, both of academia, of businesses, and also supported by the government, so that actually we can produce very strong competitive products out of China for the Chinese market, but also we use that for global export. Secondly, [China's] manufacturing capability is unparalleled in the world. They're fast, they're innovative and they are also competitive in terms of price. So that makes that a very attractive mix to use, kind of to build your supply chain on. We believe that the China supply chain is an integral part of the global supply chain."
++SHOTS OVERLAYING SOUNDBITE++
FILE: Suzhou City, Jiangsu Province, east China - Date Unknown (CCTV - No access Chinese mainland)
9. Philips office building, logo of Philips
10. Various of medical devices, patient
11. Aerial shots of factory
12. Various of equipment, logo of Philips; people working
++SHOTS OVERLAYING SOUNDBITE++

Beijing, China - July 16-17, 2025 (CCTV - No access Chinese mainland)
13. Products on display
14. SOUNDBITE (English) Roy Jakobs, CEO, Royal Philips (partially overlaid with shot 15):
"We're going to establish an innovation center in Beijing. Beijing is another big add to that. We're also very much focused on software and AI, and there's a lot of capability in the Chinese market to go into rapid development of AI. When China has an ambition to accelerate an innovation, it will accelerate innovation. So we want to be part of that development. We want to support it, but also want to actually benefit from it. Now we just had a new launch of the CT5300. It is an AI fueled CT platform that was developed in China, launched in China and also launched to the world. It actually allows you to do it at a lower dose, with better image quality and with a big production capacity so that you can scan many patients. That's a great innovation from China that we use actually across the world."
++SHOT OVERLAYING SOUNDBITE++
FILE: China - Date Unknown (CCTV - No access Chinese mainland)
15. Various of Philips' AI fueled CT platform CT5300
++SHOT OVERLAYING SOUNDBITE++

FILE: Suzhou City, Jiangsu Province, east China - Date Unknown (CCTV - No access Chinese mainland)
16. Aerial shot of factory

Beijing, China - July 16-17, 2025 (CCTV - No access Chinese mainland)
17. SOUNDBITE (English) Roy Jakobs, CEO, Royal Philips (partially overlaid with shots 18-21):
"When I look at the economic indicators that we just looked at this quarter, I really see that actually the Chinese economy is strengthening both on the consumer where we see better consumption, but also we see the healthcare market really picking up together with the Chinese acceleration of growth, we will also accelerate growth. We also announced that we're going to expand our manufacturing capacity in Suzhou. So we are doing investments in innovation as well as investments in manufacturing, because we believe both sides can be strengthened for the benefit of China and for the benefit of the world."
++SHOTS OVERLAYING SOUNDBITE++
18. Venue of CISCE, flags
19. Various of exhibition booths, visitors
20. Various of sign, mascot of CISCE

FILE: Suzhou City, Jiangsu Province, east China - Date Unknown (CCTV - No access Chinese mainland)
21. Various of people working in factory; equipment
++SHOTS OVERLAYING SOUNDBITE++

Beijing, China - July 16-17, 2025 (CCTV - No access Chinese mainland)
22. CISCE venue

China's manufacturing capability is unparalleled for building supply chains, said Roy Jakobs, CEO of Royal Philips, while attending the ongoing China International Supply Chain Expo (CISCE) in Beijing.

In the interview with China Media Group (CMG), he underscored the importance of the Chinese market and how fast it can develop.

"Philips knows the importance of the China market and that's why I'm coming as the CEO every quarter, being on the ground, talking to customers. China market is moving very fast, so if you stay out too long and you come back, you are missing a lot of relevant developments," he said.

Jakobs highlighted the significance of participating in the CISCE and mentioned Philips' manufacturing hub in Suzhou, where the company produces diagnostic imaging equipment such as CT and MRI scanners.

"It's very important to participate in the Supply Chain Expo. So we are very big in, for example, diagnostic imaging. One of the very important modalities is the CT scanner and the MRI scanner. So we have a big factory in Suzhou that has a very strong ecosystem around it, both of academia, of businesses, and also supported by the government, so that actually we can produce very strong competitive products out of China for the Chinese market, but also we use that for global export. Secondly, [China's] manufacturing capability is unparalleled in the world. They're fast, they're innovative and they are also competitive in terms of price. So that makes that a very attractive mix to use, kind of to build your supply chain on. We believe that the China supply chain is an integral part of the global supply chain," he said.

Looking ahead, Jakobs announced the company's plan to establish an innovation center in Beijing.

"We're going to establish an innovation center in Beijing. Beijing is another big add to that. We're also very much focused on software and AI, and there's a lot of capability in the Chinese market to go into rapid development of AI. When China has an ambition to accelerate an innovation, it will accelerate innovation. So we want to be part of that development. We want to support it, but also want to actually benefit from it. Now we just had a new launch of the CT5300. It is an AI fueled CT platform that was developed in China, launched in China and also launched to the world. It actually allows you to do it at a lower dose, with better image quality and with a big production capacity so that you can scan many patients. That's a great innovation from China that we use actually across the world," he said.

Jakobs expressed optimism about the Chinese economy, citing improved consumer demand and a strong rebound in the healthcare market and said Philips will increase investment in China.

"When I look at the economic indicators that we just looked at this quarter, I really see that actually the Chinese economy is strengthening both on the consumer where we see better consumption, but also we see the healthcare market really picking up together with the Chinese acceleration of growth, we will also accelerate growth. We also announced that we're going to expand our manufacturing capacity in Suzhou. So we are doing investments in innovation as well as investments in manufacturing, because we believe both sides can be strengthened for the benefit of China and for the benefit of the world," he said.