China News Agency, Beijing, January 13 (Reporter Pang Wuji) Less than half a month after the start of 2023, many foreign companies have announced new investments in China.
Many multinational companies put the core research and development "heavy" in China.
The multinational electrical giant Schneider Electric recently announced that its key power innovation laboratory has officially started operations in Shanghai.
With the world's leading testing and certification capabilities, the laboratory will fully support and promote the global R&D strategy of key power supply, energy storage and other product systems.
According to reports, in 2003, Schneider Electric's research and development of key power supplies in China started from a laboratory of tens of square meters in Shanghai.
The key power supply innovation laboratory put into operation this time covers an area of about 3,000 square meters and has one of the few megawatt-level certification test platforms in the world. It is a world-class laboratory with high-power platforms, standardization, digitalization, and automation capabilities. .
It is worth noting that Schneider said that the innovation laboratory not only serves China, but also has the function of empowering key power supply businesses around the world.
Zhu Wenqin, senior vice president of Schneider Electric and head of the key power business in China, said that the key power innovation laboratory will shoulder the important mission of Schneider Electric's key power supply, energy storage and other product systems global research and development strategic business.
Transferring Chinese wisdom to the global market has become an important way for Schneider to cultivate its competitive advantage.
Yin Zheng, executive vice president of Schneider Electric and president of China and East Asia, said that China is not only the second largest market of Schneider Electric in the world, but also one of the four major R&D bases and an important supply chain base in the world.
He believes that the vitality and resilience of the Chinese market are mainly due to three aspects: a constantly upgrading market, a sound industrial chain and strong innovation capabilities.
In terms of innovation, Yin Zheng said that China has a good innovation environment, rich talent resources and ecological partner resources, and the leading development of China's industries has also created more advanced digital application scenarios and demands.
These factors have attracted us to continue to invest in innovative research and development in China, and to strengthen collaboration with more ecological partners to jointly incubate innovations.
Yin Zheng said that in the future, Schneider will continue to expand investment in production and R&D in China. "Innovation in R&D not only enables us to maintain our competitive advantage in the Chinese market, but also enables us to export more Chinese wisdom to the global market."
Johnson & Johnson, a medical and health company, also positioned the Chinese market as "Johnson & Johnson's new innovative strategic market."
In 2014, Johnson & Johnson established the Asia-Pacific Innovation Center, one of the world's four major innovation platforms, in Shanghai.
According to reports, China is also the only market outside the US market where Johnson & Johnson has end-to-end R&D capabilities in the three major businesses of medical technology, pharmaceuticals and consumer health.
As the world's leading automotive technology supplier, Germany's Bosch Group announced on the 12th that it will invest US$1 billion to build a Bosch new energy vehicle core component and autonomous driving R&D and manufacturing base project in Suzhou. The first phase of the project is scheduled to start next year.
It is understood that this project will mainly focus on the development and production of core components of new energy vehicles and a variety of core autonomous driving technologies including high-end intelligent driving solutions.
Xiamen TAECO Aircraft Engineering Co., Ltd. (Xiamen TAECO), a leading aircraft maintenance and modification service provider in the Asia-Pacific region, held the groundbreaking ceremony for Xiamen TAECO's new airport maintenance base in Xiang'an, Xiamen on the 8th.
TAECO Xiamen said that the company is currently based at Xiamen Gaoqi International Airport. With the construction of the new Xiamen Xiang'an Airport, TAECO Xiamen will build a new industry-leading aircraft maintenance base and relocate to Xiamen Xiang'an International Airport.
According to Guan Jianwen, Chief Executive Officer of TAECO Xiamen, upon completion, the base will become the world's largest civil aviation aircraft maintenance hangar with the largest single scale and the largest span.
This is also the largest single investment since the establishment of Hong Kong Aircraft Engineering Co., Ltd. (HAECO).
In recent years, the investment paths of foreign companies in China have been continuously upgraded.
Analysts believe that this also reflects the continuous development of China's economy and the continuous upgrading of the market environment.
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