Fortune 500 companies at CIIE and their China stories
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.
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.
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.
