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The Wealth Management 50 Forum Global Wealth Management Forum 2026 Shanghai Suhewan Conference was held in Shanghai on October 16 and 17. Apple Executive Chairman and Chairman of the Tsinghua University School of Economics and Management Advisory Board Tim Cook and Executive Chairman of the Global Wealth Management Forum and Dean of the Tsinghua University School of Economics and Management Bai Chong'en held a dialogue on the theme of facing a new world where humans and AI coexist.

This was also Tim Cook's second time attending the conference, following the 2025 Shanghai Suhewan Conference. Tim Cook and Bai Chong'en exchanged in-depth views on the optimism and concerns brought by artificial intelligence, how AI can serve humanity, the democratization of app development, the intelligent transformation of supply chains, and the broader social role of technology companies.

Cook said he has been traveling to China for nearly 30 years, and what struck him most on this trip was China's current vitality and momentum, with people's optimism about the future at an all-time high. He believes technology should serve humanity, not the other way around; the application of AI in health is accelerating, and body sensors have enormous potential in providing early warning signals. He also said AI is driving the democratization of app development, the level of supply chain automation is far beyond what it once was, and all of this requires people to be prepared. Bai Chong'en, speaking from the front lines of education, pointed out that AI has brought profound challenges to education: the lower rungs of the career ladder are disappearing or shrinking, and the gap between motivated and unmotivated students has been further widened. For this reason, Tsinghua's School of Economics and Management proposed the STAR framework, identifying finding the right questions, technological literacy, judgment, and resilience as four key capability directions. He noted that in an era when answers are readily available, asking the right questions has become even more important. The following is the Chinese translation of this dialogue.

On AI, People's Optimism About the Future Is Unprecedented

Bai Chong'en: You have been in China for several days and visited Guangdong and Beijing. What has impressed you most about this visit so far? What are the biggest takeaways?

Tim Cook: That's a good question. Counting from my first visit to China in 1997, it has been nearly 30 years now. Over these years, I have fallen in love with the Chinese people and Chinese culture. Every time I come, I learn something new. This time, I started my trip in Guangdong. Apple's journey in China also began there. That journey started with a part that was extremely difficult to manufacture. In 1998, we came to Guangdong Province for help, which began a large-scale manufacturing operation that later became an important part of our supply chain, producing iPhone, iPad, and Mac. What I felt this time is that China is now full of vitality. In my view, people's optimism about the future is unprecedented. Everyone's positive attitude toward embracing AI reflects this, and I don't mean just computer scientists, but everyone. This spirit of optimism left a very deep impression on me. I saw it in app developers as well. We set up an app development incubator in Beijing, and this past week the incubator held a competition to see which app was the best, and there were indeed some very good works. What impressed me was that everyone is using AI, and 95% of the apps in the incubator used AI. In short, what I felt most deeply was everyone's optimism about the future and their belief that tomorrow will be better than today. When I visited Tsinghua, I also saw this in the students: they embrace the new world and actively use this transformative technology. In Shanghai, I could feel this atmosphere too, whether visiting our retail store or yesterday meeting the person who developed an app through vibe coding. This atmosphere is everywhere.

Bai Chong'en: Yes, people have different feelings about AI. As you just said, some are more optimistic, while others have concerns. I am glad you found that Chinese people are more optimistic about AI.

Tim Cook: Yes, they are indeed more optimistic. People around the world have concerns, and those concerns have their reasons. But I think in China, people are more willing to see the positive side.

Technology Should Serve Humanity, Not the Other Way Around

Bai Chong'en: Very good. The theme of today's forum is facing a new world where humans and AI coexist. Throughout your career, you have always emphasized the importance of infusing technology with humanity. At a time when the world is undergoing transformation, how does your thinking and approach to AI reflect this philosophy?

Tim Cook: This philosophy is fully reflected in our approach. I also like the theme of this forum very much, because I have always believed that technology should serve humanity, not the other way around. Technology should always focus on improving people's lives, helping people live healthier, helping people create things they could not otherwise create, and making each day more efficient. Everything should serve humanity. That is how I have always seen it.

AI Has Brought Very Profound Challenges to Education

Tim Cook: Dean Bai, you are now driving a major transformation at Tsinghua, involving both student learning and faculty teaching. How do you view this current stage?

Bai Chong'en: Many people are actively embracing AI, but we have also encountered quite a few challenges. Now, one indicator that is very important to us in the classroom is the rate at which students raise their heads. Many students bury themselves in their computers and do not listen to the instructor. This is the challenge we currently face. I think AI has brought very profound challenges to education. One problem is that the lowest levels of the career ladder are disappearing or shrinking. Therefore, students must learn to start directly from a higher level. This is a great challenge for us. In addition, I think AI is further widening the gap between students with strong learning motivation and those with insufficient motivation. The problem is that students with insufficient motivation can quickly find answers from AI, and then they stop learning. This is a great challenge. How do we motivate students to use AI to learn better, rather than simply using AI to find answers and skip the learning process? This is a great challenge for us. Because of these challenges, we are thinking very carefully about what to teach and how to teach. At the advisory board meeting, we presented the STAR framework, covering four key capability areas. First, S stands for Search, meaning identifying the questions that need to be answered. In this new AI era, this is crucial. Second, T stands for Tech-savvy, that is, technological literacy, combining traditional skills, leadership, and more with technology. Third, A stands for Assessment, that is, the ability to make judgments. Finally, R stands for Resilience, that is, resilience. AI has brought a lot of uncertainty, and people need the ability to withstand failure and face failure directly. Therefore, resilience, lifelong learning, and leadership are all very important. These considerations affect what we teach and how we teach, as well as what we research and how we research. We still face many problems, but I am very glad that the advisory board members offered many valuable opinions and suggestions. We will study these suggestions carefully and strive to do our work better.

We Are Entering an Era Where Questions Matter More Than Answers

Tim Cook: I believe we are entering an era where questions are more important than answers. The past educational model was that the teacher asked the question, and the student's task was to give the answer. Now, questions have become more important than answers. Because in a world where answers are already known, what question you ask becomes extremely important. I think this requires us to adjust our way of thinking to some extent.

I Am Even More Optimistic Now Than Last Year

Bai Chong'en: You just mentioned that AI should serve humanity. Then how exactly should it serve? From what angle and in what way can it better serve humanity? These are all very important questions. We hope students learn to think about these questions more quickly during their studies. When you talked about how to make AI serve people better, you mentioned making people healthier and improving efficiency. In the health sector, you have always been very optimistic about AI's potential to improve human health. You talked about this topic last year as well. One year later, are you still equally excited about this potential? What tangible progress have you seen in AI improving people's health?

Tim Cook: Frankly speaking, I am even more optimistic now than I was last year. In terms of health, this week has been very exciting. This week, we launched the sleep apnea notification feature on Apple Watch in China. Sleep apnea is when a person stops breathing during sleep at night. This can lead to high blood pressure, diabetes, and other serious consequences. Most people with sleep apnea do not know they have it. Now, if you have this condition, the watch will notify you, and you can seek help from medical professionals, use CPAP equipment, or receive other appropriate treatment. This is one example. Another example is that earlier this week, I met a young person in Beijing who had an irregular heartbeat. He began receiving frequent notifications in the app, so he decided to seek medical help and was ultimately diagnosed with atrial fibrillation, or AFib. AFib can be a silent killer. So alerting people before the problem becomes serious is very significant. I see new progress like this constantly emerging, and more and more such things are becoming possible. We are currently conducting research with Beijing Anzhen Hospital to find more early indicators of cardiovascular problems. Overall, I believe sensors hold enormous potential in health monitoring. They can issue early warnings and help people live healthier lives. In addition, there are useful reminders that let you know how well you slept, how much you exercised, and how long you stood. These reminders are very useful because we all need to move more and sleep better at night. Getting a score the next morning that guides you to take action is very meaningful.

Bai Chong'en: Yes. Last year you talked about using AI to send alerts when people fall.

Tim Cook: Yes, exactly.

Bai Chong'en: After people fall, it can also immediately notify medical service providers. Now you have extended this service to sleep apnea (Tim Cook: Exactly), as well as complex heart health issues. That is, you are continuously expanding your services to help people deal with health risks. This is very good.

Tim Cook: Think about how many aspects the notification function now covers: from sleep and sleep apnea to irregular heartbeat and AFib. You can directly take an ECG on your wrist, and you can also check blood oxygen saturation. In the morning, you get a readiness score to understand whether your body is ready for the day. You can also check information on various workouts. This contains a huge amount of data, and all of it is meant to serve humanity.

The Number of Apps Is Exploding, and App Development Is Becoming Democratized

Bai Chong'en: Yes. Apple has a huge community of app developers in China, helping people use their phones better. Some people believe that with the development of AI, apps are becoming less important. How do you view the role of apps? And how do you view Apple's relationship with these app developers?

Tim Cook: Frankly speaking, what I see is exactly the opposite. I see the number of apps exploding. Why is that? Because AI is helping people write code faster. AI vibe coding also enables people who have never touched a line of code to program. Yesterday, I visited the entertainer Tiger Hu. He is developing apps through vibe coding to connect with fans. Just one year ago, this would have been impossible. So I do see apps emerging in large numbers. One could say app development is becoming democratized. This can be seen in the incubators we run and in the app competitions we hold. This explosive growth is happening, and it is happening all around the world.

With Machine Learning, Supply Chains Have Achieved a Very High Degree of Automation

Bai Chong'en: Yes. Apple also has a huge supply chain in China. Many workers are in manufacturing, producing various components for Apple and assembling products such as iPhone. How do you think AI will affect Apple's supply chain?

Tim Cook: Frankly speaking, it has already had a major impact. Clearly, robotics is developing rapidly. There are also links such as quality inspection, which used to rely quite heavily on manual labor, but now with machine learning, a very high degree of automation has been achieved. Take the color of an iPhone, for example. When you produce millions of phones, you need to ensure that the color of each one remains consistent. These tasks are all based on machine learning. If you walked into a factory ten years ago and then walked into the same factory today, you would find the difference is like night and day, with a very large gap in the level of automation.

Students Are Using AI in Many Different Ways and Benefiting From It

Tim Cook: Of course, this means you must help employees prepare. Therefore, we have a program that provides educational support for supplier employees, and we are very proud of it. This program helps employees improve their capabilities and prepare for an AI-driven future. We offer AI courses, robotics courses, and many other courses. You will see that people who actively learn this knowledge get promoted quickly. Some people join as frontline employees and soon grow into supervisors and factory managers. These are all results brought by education. You have also seen that students vary in how much they accept and use AI. What interesting use cases have you seen among students?

Bai Chong'en: You just mentioned that the artist Tiger Hu develops apps through vibe coding to interact with fans. Our students benefit in another direction: many students originally had no art training and did not possess skills in artistic creation and expression. But now, with the help of AI, these students studying science, technology, engineering, economics, and management can also express their creativity. In the past, they could not do so because they lacked relevant training, but now they can. So many of our students are trying to express themselves better in this way. This is a very good development. Second, many students are doing research, especially doctoral students. For a student just beginning to engage with a new topic, it is now much easier and faster to become familiar with the field with the help of AI. They still need to judge the quality of existing research, but AI can help them collect and organize information more efficiently. Our students are also very creative and develop AI agents to help other students. For example, we have many international students. When they come to China, they encounter many issues they are less familiar with. So students used vibe coding to develop an agent to help incoming international students answer daily questions and cope with difficulties in life. Therefore, students are using AI in many different ways and benefiting from it. At the same time, however, we hope they continue exploring and keep discovering new problems that need to be solved.

Tim Cook: Yes, seeing someone who originally mastered one type of skill use AI to break through their own limitations and learn and master other skills is truly inspiring. I think this is a very exciting outcome.

As a Company, Our Goal Is to Make the World Better Because We Exist

Bai Chong'en: Yes. We have been discussing how people can use AI to enhance their own capabilities. And Apple's impact on the Chinese people has already gone beyond technology itself. Over the years, we have spoken many times about Apple's support for various projects in China. From this perspective, how do you view Apple's broader role in society?

Tim Cook: As a company, our goal is to make the world better because we exist. This is the standard we hold ourselves to, and we also work hard to achieve this in many ways through practical actions. For example, we advocate operating our facilities with renewable energy. Just this week, we announced that in China, 95% of our supply chain has adopted renewable energy. Our goal is to reach 100% by 2030, at which point we hope the company will achieve carbon neutrality. We also hope to help disadvantaged groups improve their circumstances and gain better development. Therefore, for many years, we have been cooperating with the China Development Research Foundation (CDRF), focusing on rural education and promoting rural development. These are just two examples showing how we strive to do things beyond the company itself and help people achieve better development. Of course, we also carry out projects related to our own business, such as the app competition and app development incubator mentioned earlier, to help entrepreneurs grow and take their apps from good to great. These are all things we care deeply about, and the purpose is to make the world better because we exist.

Bai Chong'en: Yes, you mentioned CDRF, the China Development Research Foundation. They have carried out a lot of innovative research on how to better provide nutrition and education services for rural preschool children. This work has had a great impact, and your support has been very important.

Tim Cook: They are an outstanding organization. Their work is remarkable, and we are proud to cooperate with them.

Bai Chong'en: Yes. You are also supporting us in cultivating future entrepreneurs who will drive the green transition. We actively encourage green innovation in the supply chains of products such as iPhone, and therefore we attach great importance to giving students opportunities to participate in it and carry out innovative practice. Your support is crucial for us to carry out this work.

Tim Cook: This has also played a key role in our achieving 95% renewable energy adoption in the supply chain. Many students have participated in related work in the supply chain. They have not only gained firsthand practical experience, but also brought great positive change to the world.

Bai Chong'en: Yes. We are organizing supply chain green innovation competitions and training corporate executives to help them better advance the green transformation of supply chains and daily work. Our cooperation has indeed played an important role in these areas. Thank you very much for your support.

Tim Cook: Thank you.

Bai Chong'en: And thank you for supporting the activities of the China Development Research Foundation and other related projects in China. I believe this work is very important for educational development and rural development.

Tim Cook: We are very happy to participate, and we have learned a lot from it.

Bai Chong'en: Good. Tim, thank you very much for this wonderful conversation.

English dialogue original text:

Bai Chong'en: Welcome back, Tim.

Tim Cook: It is great to be here, and I see some iPhones out there, so thank you very much.

Bai Chong'en: This is the second consecutive year you are attending this conference. Thanks very much to your support for this organization.

Tim Cook: I am thrilled to be invited and back here with you, Dean Bai.

Bai Chong'en: You have been in China for a few days. You visited Guangdong and Beijing. What's your impression of your trip so far? What are the biggest takeaways from this trip?

Tim Cook: It's a good question. You know, I've been traveling to China for almost 30 years. I came for the first time in 1997, and across that period of time, I fell in love with the Chinese people and the Chinese culture. Every time I come, I've learnt something. This time, I started my trip in Guangdong, that is where Apple's journey started in China. Apple's journey started with a singular part that was so hard to produce. We went to Guangdong Province for help in 1998, and that would start a huge manufacturing business that would later become a significant part of our supply chain, producing iPhones, iPads, and Macs. But what I learned was how dynamic and vibrant China is right now. From my point of view, the level of optimism about the future is at an all-time high. You see this in the way people are leaning into AI—and I don't mean just computer scientists; I mean everyone. So, I'm very much struck by the optimism. I could see it in app developers. We launched an app incubator in Beijing that had a contest this past week to see which app was the best of the best, and there were some great ones in there. What struck me was that everyone's using AI. 95% of the apps in the incubator were using AI. Again, the level of optimism and the belief that tomorrow is better than today was just paramount. I saw that at Tsinghua as well from visiting the school—the students there and how they're embracing the new world and leaning into this transformative technology. I can feel it in Shanghai as well, from our store visits and the Vibe Coder I visited yesterday. It's everywhere.

Bai Chong'en: Yes, people have different emotions toward AI. Some are more optimistic, as you suggested, while others have concerns. I'm glad you find that in China, people are more optimistic.

Tim Cook: Yes. They are definitely more optimistic. There are concerns in the world. And rightfully so. There are some concerns out there, but I think people see it more glass half full in China.

Bai Chong'en: Great, great. And the theme of today's forum is our world in the context of AI plus human. Throughout your career, you have always talked about the importance of infusing technology with humanity. At this moment of transformation around the world, how does your approach to AI reflect that philosophy?

Tim Cook: It reflects it very much, and I'm so happy about the title of this forum. Because I've always felt that technology should serve humanity, not the other way around. Technology should be all about improving people's lives. Making people live a healthier day, maybe helping people create things they couldn't create otherwise, helping people have a more productive day. Everything should be in the service of humanity. That's the way I've always seen it. Now, Dean Bai, you are presiding over a huge transformation right now at Tsinghua with students and learning, and teachers and teaching. How do you see this moment?

Bai Chong'en: A lot of people are embracing AI, but we also encounter a lot of challenges. In the classroom, one indicator that's very important to us is now how many of the students are raising their heads in the classroom. Many of them bury their attention in their computers; they don't listen to the instructor. So that's our challenge now. I think AI brings a very profound challenge to education. One is that on the career ladder, the lower rungs are vanishing or diminishing. So, you have to learn to be able to climb from the upper rung immediately. That's a grand challenge to us. Also, I think AI makes the difference between motivated students and less motivated students even wider. The problem is that with less motivated students, they can quickly find answers from AI. So, they stop learning. That's a great challenge. How do we motivate students to utilize AI to better learn instead of utilizing AI just to find a solution without the learning process. So, that's a great challenge to us. Because of these challenges, we're thinking really hard about what to teach and how to teach. In our board meeting, we presented our STAR framework—4 key areas of skills. First, S stands for Search: identifying the questions to answer. That's crucial in this new AI era. Second, T is for Tech-savvy: using traditional skills, leadership skills, etc., together with tech. Third, A is for Assessment—the ability to make judgment. Finally, R is for Resilience. With AI bringing so much uncertainty, people have to have the ability to take failure, and to face failure. So, resilience, lifetime learning, and leadership are all very important. This shapes our thinking on what and how to teach, and what and how to research. There are many issues that facing us, but I'm glad our board members gave us a lot of very valuable advices and suggestions. We'll look at their suggestions and try to improve our work even better.

Tim Cook: I think we're moving into an environment where the questions are more important than the answer. You know, education used to be: the instructor asks a question and the student's responsibility was to give an answer. Now the question becomes more important than the answer. Because in a world where the answers are known, the questions that you ask become extremely important. And I think it's a rewiring of the brain a bit.

Bai Chong'en: You mentioned how to serve humanity. How to serve? There are a lot of questions. From which angle, what approach to take to better serve humanity? So those are very important issues. We want our students to learn that quicker in their studies. And when you talked about how to make AI serving people better, you talked about making people healthier, you talk about making people more productive, etc. In the health sector, and you had a lot of optimism about how AI may impact human health. Now, last year you already talked about this. One year later, are you still as excited about this potential? And what tangible progress have you seen when it comes to AI improving people's health?

Tim Cook: I am more optimistic today than I was even last year, to be frank with you. This week has been a great week from a health point of view. We were able to launch our sleep apnea notification on the Apple Watch this week in China. As you know, sleep apnea is where the person stops breathing during the night, and this can create problems like hypertension, diabetes, and terrible outcomes. Most people that have sleep apnea don't know it. Now, the watch will notify you if you have it, so you can seek help from a medical professional to get on a CPAP machine or whatever the treatment may be. That's one example. Another example: I was in Beijing earlier this week and visited a young man who was having an irregular heartbeat. He began to get notifications very frequently on the app, which convinced him to reach out for medical help, and he was diagnosed with AFib. As you know, AFib can be a silent killer, so it's huge to notify people that they have these kinds of issues before they become very problematic. I see more and more of these things coming out and more and more these things being possible. We're now doing research with Beijing Anzhen Hospital, searching for even more early indicators on the cardiovascular side. But the bottom line is, I see enormous potential in body sensors giving early warning signs so you can live a healthier life. I also see these helpful reminders about how you're sleeping, how much exercise you're getting, and how much you're standing. All of these are very nice reminders that we all need to be more active and get a better night's rest. And getting a score the next morning that is actionable is big. You know, we can all learn from those.

Bai Chong'en: Right, last year you talked about the application of AI to alert people of falling.

Tim Cook: Yeah, that's right.

Bai Chong'en: And after they fall, they can immediately notify health service providers. So, now you're extending the service to deal with apnea.

Tim Cook: That's right.

Bai Chong'en: And to deal with difficult heart conditions. So, you're extending your service to help people deal with health risks. That's great.

Tim Cook: Think about all the ways notifications work now—from sleep-to-sleep apnea, to irregular heartbeat, to AFib. You can run an ECG on your wrist. You get a readiness score in the morning to denote your readiness for the day. You have all your exercise info. This is just your SpO2. It's an enormous amount of data, all in the service of humanity.

Bai Chong'en: Right, right. Apple has a large community of app developers in China helping people to use the phones better. And some people suggest that with AI, apps are becoming less important. How do you see that? How do you view the usefulness of apps? And how do you think about your relationship with all these app builders?

Tim Cook: I see the opposite happening, honestly. I see apps exploding. And why is that happening? It's because AI is helping people code faster. AI vibe coding is helping people code who never touched a line of code before. I visited an entertainer yesterday, Tiger Hu. And Tiger is vibe coding apps to connect with his fans. Well, this could not have happened even 1 year before. And so, I actually see an explosion of apps taking place, and sort of the democratization of app development is taking place right now. And you can see it in the incubator that we ran. You can see it in the app contest that we run. It's just exploding, and it's exploding around the world as well.

Bai Chong'en: Right. And you have a large supply chain in China. Many of the people are in the manufacturing sector helping make different components for Apple and assemble the Apple phone, etc. How do you think AI will affect your supply chain?

Tim Cook: It has affected it in significant ways already, to be honest. Obviously, robotics has really taken off. But you also have things like the art of inspection that used to be quite manual—now machine learning has made that very, very automated. If you look at something like the color of an iPhone and making sure it's the same from iPhone to iPhone as you produce millions of these, all of that is machine learning oriented. If you walked into a factory 10 years ago and then walked into that same factory today, it would be night and day. The differences in the level of automation are huge, and of course that means you have to prepare people for this. So, we have a program that funds supplier education that we're very proud of, one that begins to lift up people and get them ready for an AI-forward world. We have AI courses, robotics courses, many other things, and you can see people rising through the ranks rapidly that embrace this. You know, you see people that hired in as entry-level workers all of a sudden become supervisors and managers of the facilities. And all of this is an output of the education. Now you've seen students adopt at different levels. What kind of interesting use cases are you seeing with students?

Bai Chong'en: Okay, you mentioned the case of this artist, Tiger Hu, using vibe coding to connect with his fans. Our students are doing the reverse. Many of them didn't have any training in art or skills in creative expression. But now with the help of AI, these science, technology, engineering, economics, and management students can express their creative ideas. They couldn't do this before because they lacked the training, but now they can. So many of our students are experimenting with this to better express themselves. That's a great development. Secondly, for a student to get started—many of our students are doing research, especially our PhD students—to become familiar with a new topic, it's now much easier with the help of AI. They can do it quicker. They still need to make judgments about the quality of existing research, but AI helps them gather and organize information in a much more efficient way. And our students are also creative in creating agents to help other students. For example, we have many international students. When they come to China, they deal with many issues that are less familiar to them. And so, our student union, using vibe coding, set up this agent that helps incoming international students answer the day-to-day questions and challenges they face. So, our students are using AI in many different ways, and they are benefiting from it. But at the same time, we want them to keep doing it, to keep finding new questions to solve.

Tim Cook: Yes, it's very exciting to see how someone with 1 skill set is transcending themselves and growing with other skill sets with AI. I think this is an exciting outcome.

Bai Chong'en: Right, right. And we have been discussing how AI can empower people. And Apple's impact on people in China extends beyond technology itself. Over the years, we have spoken many times about Apple's support for a wider range of initiatives in China. With that in mind, what's your view of Apple's broader role in the society?

Tim Cook: Yeah, our goal in life as a company is to leave the world better than we found it. That's the bar we hold ourselves to, and we try to do that in a number of ways by how we show up. So, one example would be, we believe in running our facilities on renewable energy. Just this week, we announced that 95% of our supply chain is run on renewable energy in China. Our goal there is to reach 100% by 2030, at which time we want the company to be carbon neutral. We also believe in raising up and lifting underprivileged people. So, we've been working with CDRF for many years, focusing on rural education and lifting rural societies. These are just 2 examples of where we're trying to do something beyond ourselves to raise people up. Of course, we also do things that intersect with our business, like the app contest and the app incubator I talked about earlier, to lift entrepreneurs and raise the bar of their apps from good to great. These are all things we care deeply about, and they're all meant to leave the world better than we found it.

Bai Chong'en: Yes, you mentioned CDRF, China Development Research Foundation. They've been doing very creative research on how to better provide nutrition and education services to rural kids before school age. That work has been very impactful, and your support has been very important.

Tim Cook: They are an incredible organization. They do unbelievable work, and we are so proud to partner with them.

Bai Chong'en: Right. You are also supporting us in educating future entrepreneurs for green transformation. We are very enthusiastic about encouraging innovation in the iPhone supply chain and other products. So, it's important to give students opportunities to practice innovation in this area. Your support has been instrumental for us to be able to do this.

Tim Cook: And it's been key for us to achieve the 95% renewable energy. You know, we've had a lot of students in the supply chain helping out with that. And so, they're gaining firsthand experience and making a huge difference for the world.

Bai Chong'en: Right, so we are organizing competitions on green innovation in the supply chain. We are training executives so that they can better green their supply chain and green their work. So, thanks, our partnership really makes a difference there. Thank you very much for your support.

Tim Cook: Thank you.

Bai Chong'en: And also, thanks to you for your support to the activities of China Development Research Foundation and other Chinese initiatives. I think they are very important for the development of education and for the development of rural areas.

Tim Cook: We love being associated with it. And we've learned so much from doing it.

Bai Chong'en: Okay, thank you very much, Tim, for the great conversation.

Tim Cook: Thank you!

Content compiled by: Zhao Qiushi, Zhang Huaxi, Chen Liqiang