SHANGHAI: As many companies with operations in Shanghai accelerate production to deliver orders around the world, German technology and industrial group Siemens says that it will continue its investment in the metropolis and keep introducing digital solutions to businesses in China’s Yangtze River Delta region, says a top executive.
As more than 80% of its production had come back online in Shanghai, Xiao Song, global executive vice-president of Siemens, said that despite the challenges posed by Covid-19, China, with its complete industrial chain system, is capable of maintaining high-quality growth in the coming years.
Siemens has already established a complete localised value chain in Shanghai, as it operates more than 20 companies and branches, including six manufacturing bases covering key areas such as industrial automation, industrial software, power systems and automation, mobility and healthcare.
After putting its first digital native factory globally into operation in Nanjing, Jiangsu province, in late June, Xiao, also chairman, president and chief executive of Siemens China, said that looking ahead, the company will continue to make innovation its driving force, and leverage digitalisation and sustainable development to work with China and the world on major challenges such as climate change.
The new factory – Siemens Numerical Control Ltd – is able to manufacture products in two major categories, electronics and electrical products, which require different raw materials and production processes.
Xiao said the new factory will become an important platform for Siemens to share the concept of digital transformation and practical experience with Chinese companies.
This will empower the transformation and upgrade of local industries, accelerate the process of industrial digitisation and bring vitality to the economic growth of the Yangtze River Delta region. — China Daily/ANN