Fortune 500 companies at CIIE and their China stories

By Chen Liubing | chinadaily.com.cn | Updated: 2018-10-29 06:40

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High-end Intelligent Equipment

Company: Nokia

Country: Finland

"I consider China one of the creators of new technology in the world, and attending the expo is a great way to learn more about China. I warmly recommand that to all Finnish companies and all European companies," said Risto Siilasmaa, board chairman at Nokia.

Attendees try out Nokia phones on display at a launch event for the Nokia X6 smartphone produced by HMD Global Oy in Beijing on May 16, 2018. [Photo/VCG]

Company: Honeywell

Country: United States

"China remains Honeywell's largest market outside the United States," said Shen Bin, president of Honeywell China. The operation revenue of Honeywell in China jumped six times from 2004 to 2017. The company located its Asia-Pacific headquarters in Shanghai, and has built 26 plants in the country with more than 2,600 R&D employees. Local innovation, R&D and production contributed to 30 percent of Honeywell's revenue in China.

A WiFi antenna housing unit on display on the Honeywell International Inc. exhibition stand at the Aircraft Interiors Expo in Hamburg, Germany on April 11, 2018. [Photo/VCG]

Company: Siemens

Country: Germany

China has become one of the largest R&D centers for Siemens around the globe, as the company has 21 innovation centers and 4,500 employees in the country. Siemens built the first digital intelligent production line for Chinese beverage brand Wahaha; and shortened quality control inspection time by 25 percent for dairy producer Mengniu. It also improved labor productivity of shoemaker Double Star three times over through customized production.