Xinhua, Beijing :
There is a factory in southwest China’s Chengdu City, which, should you want to visit, has a one month waiting list.
The attraction? A successful realization of China’s ambitious industrial evolution plan “Made in China 2025.”
Siemens Electronic Works Chengdu is the the German manufacturer’s first overseas model digital plant, featuring machines and products communicating with each other in real time and automated processes. The result: exceptional levels of productivity and quality.
Siemens decided last year to increase its total investment into the Chinese endeavor to over one billion yuan (145 million U.S. dollars) by 2019, a move which will be positive for the wider Chinese manufacturing chain.
China’s goal is for “Made in China” products to be synonymous with innovation and quality by 2025, and it deserves the greatest respect for aiming to complete this transformation by 2049, Joe Kaeser, president and CEO of Siemens, said during the China Development Forum (CDF) 2017.
China’s government understands that multinational companies have the potential to play a vital role in the renewal of its economy, but multinationals must also understand that China needs reliable partners, partners who think long term and do not sidestep the challenges ahead, Joe pointed out.
