Siemens Healthineers expands China operations

Siemens Healthineers said that it will invest an additional one billion yuan (US$141.8mil or RM647mil) to set up a new research and production site in Shenzhen, Guangdong province, marking its second such facility in the southern metropolis. — China Daily

SHENZHEN: Siemens Healthineers, a German healthcare equipment provider, is betting big on China’s innovation and manufacturing capacity.

On Monday, it announced it will invest an additional one billion yuan (US$141.8mil or RM647mil) to set up a new research and production site in Shenzhen, Guangdong province, marking its second such facility in the southern metropolis.