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Original Title: 40 Years of Foreign Investment in Shanghai ｜ Honeywell: Shanghai Has 3 Main Advantages for Attracting Foreign Investment and Operations
Foreign investment in Shanghai has undergone an extraordinary development process for 40 years. Shanghai has attracted more than one-tenth of the actual use of foreign capital with about 6 / 10,000 from the country’s area and 2% of the population. Today, the total real use of foreign capital exceeds 270 billion dollars.investmentcompanyAbout 60,000.
Among them, Honeywell, which was founded in 1885, has a history in China dating back to 1935, when it opened its first distribution agency in Shanghai. Honeywell stated that itsstrategyImproved layoutthe companyRapid development in China, now China has become the largest Honeywell outside the United States.market. Shanghai has many advantages to attract foreign investment and operations, including a leading technological innovation environment, open advantages, a good business environment, and strong government support for foreign enterprise development.
Honeywell is a Fortune Global 500 high-tech company with high-tech solutions covering aviationproductwithService, RouwaindustryControl technologyWait. Since the reform and opening, Honeywell’s investment in Shanghai has hit the fast track.
At present, all Honeywell business groups have been established in China. Shanghai is the headquarters of Honeywell Asia Pacific. At the same time, it has more than 50 wholly-owned enterprises and enterprises in more than 20 cities in China.joint projectCompanies, including more than 20factoryHoneywell in ChinaemployeeThe number is about 10,000, of which 20% are R&D personnel.
Honeywell believes that Shanghai has many advantages in attracting foreign investment and operations. First, Shanghai has a leading technological innovation environment. As the frontier of China’s reform and opening-up, Shanghai is accelerating the construction of aInfluenceCenter for Scientific and Technological Innovation.
Shanghai’s vibrant innovation and innovation systemNew cultureIt is also reflected in the company. Let’s take Honeywell as an example. The China R&D Center is already Honeywell’s most active R&D base in the world. From 2006 to the end of 2019, Honeywell’s R&D staff in China have created 1,364 patents and patent applications.
“We are accelerating the emergence of scientific and technological achievements and continue to transform them into real productivity by strengthening R&D capacity-building and talent training, to support the construction of the Shanghai scientific and technological innovation center and help Shanghai to accelerate the creation of a source of original innovation, “Honeywell said.
Second, Honeywell believes that openness is Shanghai’s biggest advantage.As China’s largest economic center city and the main window of reform and opening-up, Shanghai contains hugeDealAnd the development space continues to become a “hot spot” for foreign investment. CIIE is also a business card for opening Shanghai to the outside world. CIIE has established a good development platform for Honeywell to strengthen business cooperation with its Chinese partners. Honeywell said that, in the future, it will take further advantage of the “CIP opportunity.” Continued participation in the CIIE is also a step for Honeywell to fulfill its commitment to the Chinese market.
Third, Shanghai has a good business environment and strong government support for the development of foreign companies.BankThe business environment assessment shows that the competitiveness of the Shanghai business environment has entered the advanced international ranks. According to Honeywell, the Shanghai Municipal Party secretary and mayor and other leaders have visited Honeywell’s Asia-Pacific headquarters and downtown R&D on many occasions to understand the company’s development in Shanghai, listen to the difficulties and needs encountered in the company’s operations, and encourage the company to strengthen its local area. R&D, strengthening and localBusiness cooperationImprove the company’s confidence in the development of Shanghai.
“Looking ahead, with the wave of digitization and new infrastructure, Honeywell will be more suitable for ChinaindustryIn response to consumer demand, in the process of accelerating the development of a modern industrial system and promoting the optimization and upgrading of the economic system in China, the power of science and technology is used to promote high-quality development of Shanghai and the entire Chinese economy. Honeywell said.
Relying on its expertise in the field of industrial interconnection technology, Honeywell is enhancing capacity development from innovative sources and helping Shanghai through innovative interconnected solutions.manufacturingofDigital transformationAnd high-end industries to further integrate into the rise of ChinaDigital economyOn the wave.
Honeywell has presented a series of development strategies in Shanghai, such as “East serves East” and “East serves the world”, making Shanghai the center of Honeywell’s operations in China and directing Honeywell’s operations in China. .locationDevelopment, while serving the vastinternational market. Honeywell said it is working with more and more local partners to continue to strengthen innovation cooperation and help Shanghai become the central node of the great national cycle and the strategic link between the national and international dual cycles.
(Source: The Paper)
(Responsible editor: DF524)
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