Recently, Jakob Stausholm, CEO of Rio Tinto Group, stated in an interview in Beijing that China's 5% economic growth target and high-quality development strategy present new opportunities for the mining industry. As China's first iron ore supplier (since 1973), 57% of Rio Tinto's revenue comes from the Chinese market. He pointed out that the rapid development of China's new energy industry is driving demand for commodities, and the Simandou and Xipo iron ore mines, which will commence production this year, will better meet China's demand for high-grade iron ore. Stausholm particularly highlighted China's innovative achievements in fields such as electric vehicles and introduced that Rio Tinto established a Technology and Innovation Center in China in 2022, collaborating with companies like China Baowu and Shougang Group to advance low-carbon projects. He highly praised China's continuously optimized business environment and expressed that through continuous participation in platforms like the China International Supply Chain Expo, Rio Tinto will further deepen its cooperation with China.