Home / China-US economic relations

    China must compete on skill, not cost

    (China Daily)

    Updated: 2015-09-22 14:18:39

    8.03K

    China must compete on skill, not cost

    Stephen Shang, president and CEO, Honeywell China

    To coincide with President Xi Jinping's first state visit to the US, China Daily asked senior executives with American companies for their opinions on China's business environment.

    Companies in China are facing the challenge of rising costs. Will this affect your plans in China or will you continue to invest in the country? Do you have any plans to relocate to the US or elsewhere in the region?

    Over the past two to three years, Honeywell has been expanding our capacity in China in areas like turbochargers, performance materials, catalysts and adsorbents, and aerospace. These will enable us to deliver the most cost-effective solutions to our local customers in the most efficient manner.

    We develop our products locally and now have 2,300 research and development engineers in China.

    We have more relevant "East for East" solutions for the Chinese market, and we've also improved our efficiency through the Honeywell Operation System Gold Program. We expect our business to grow well, and we will continue to invest in China.

    How has the depreciation of the yuan affected your company? Will this play a major role in your decision to continue to invest and expand in the country and region?

    This is a question of competitiveness. The depreciation of the yuan was a normal adjustment for a large economy, and in the long run will make the country stronger.

    This is an ecosystem play where China can uniquely combine the strengths of high-quality manufacturing, skilled labor, engineering talent, and a strong economy.

    The Chinese government believes in a stable investment environment and has rolled out policies to help international companies here by increasing transparency. What other measures would improve business efficiency and competitiveness?

    From our perspective, we believe in China and its ability to continue growing and evolving. That's the reason why we have confidence in China over the long term. China is now Honeywell's biggest country for sales outside of the US China needs to open up the market and support more private businesses instead of state-owned enterprises.

    What are the greatest challenges your company faces in China, and how will you deal with them?

    Actually, there are still plenty of opportunities for Honeywell when we look at the macro trends around the rising middle class, advancing high-tech manufacturing, urbanization, energy efficiency, and environment protection. These opportunities are very real, but are also very challenging, particularly when it comes to energy and environment.

    Previous Page 1 2 Next Page

     
    ...
    国产办公室秘书无码精品99 | 国产精品无码日韩欧| 91中文在线视频| 精品无码专区亚洲| 亚洲精品~无码抽插| 91中文字幕在线观看| 国产精品亚洲专区无码WEB| 中文字幕人妻无码一区二区三区| 人妻少妇精品无码专区动漫| 亚洲Av无码精品色午夜| 亚洲精品一级无码中文字幕 | 亚洲中文字幕无码不卡电影| 亚洲成?v人片天堂网无码| 熟妇无码乱子成人精品| 无码夫の前で人妻を犯す中字 | 亚洲欧美日韩中文久久| 精品无人区无码乱码大片国产| 波多野结衣AV无码久久一区| 日韩精品一区二区三区中文字幕 | 亚洲AV无码之日韩精品| 日韩免费人妻AV无码专区蜜桃| 亚洲欧美成人久久综合中文网| 中文字幕无码AV波多野吉衣| 无码专区6080yy国产电影| 国产成人无码一区二区三区| 无码人妻一区二区三区在线| 99精品人妻无码专区在线视频区| 中文字幕av在线| 日韩欧美一区二区不卡中文| 精品人妻va出轨中文字幕| 日韩中文字幕免费视频| 免费无码中文字幕A级毛片| 中文字幕亚洲欧美日韩2019| 亚洲?v无码国产在丝袜线观看 | 久久亚洲精品成人av无码网站| 人妻无码人妻有码中文字幕| 久久亚洲精品无码VA大香大香| 日本不卡中文字幕| 最近最新免费中文字幕高清| 最近最新高清免费中文字幕| 无码夫の前で人妻を侵犯|