The 15th Annual Meeting of New Leaders of the World Economic Forum (Summer Davos Forum) was held in Dalian from June 25th to 27th. More than 1600 global leaders from over 80 countries gathered together to discuss in depth how to implement a more sustainable and inclusive global growth model to revitalize the global economy.
Honeywell is once again invited to attend this global event, under the theme of “New Frontiers of Future Growth”, to share experiences and contribute wisdom with the attending leaders, and jointly explore how to explore new opportunities for economic growth in the complex challenges of the globalization era.
New Frontiers of Collaborative Development
Honeywell China President Yu Feng attended the sub forum on “Better factories equals better growth?” and shared experiences and perspectives on how the manufacturing industry can sustainably achieve future growth.
Yu Feng
President of Honeywell China——
“In Honeywell’s view, the driving force for future growth is more reflected in technological innovation, sustainable development, and the digitization and automation of new industrial manufacturing industries. At the same time, Honeywell advocates the development strategy of ‘serving the East in the East’, and product research and development and manufacturing are based on the Chinese market and customer needs, with patents also staying in China. Most of our products are designed, manufactured, and sold in China. Despite facing challenges, Honeywell’s business in China continues to grow, which further strengthens our determination to localize our strategy.”
Mainstream media focus together
During the summer Davos period, Yu Feng, President of Honeywell China, Chai Xiaozhou, Vice President and General Manager of Honeywell Intelligent Industrial Technology Group in China, and Chen Yan, Vice President and General Manager of Honeywell Intelligent Building Technology Group in Greater China, expressed their views on topics such as energy transformation, future aviation, industrial automation, and green transformation in the construction industry, attracting extensive coverage from mainstream media
CCTV Chinese Channel
Yu Feng stated in an interview with China Central Television’s Chinese Channel (CCTV 4) that about 60% of Honeywell’s new product development is based on improving customer environmental performance and social benefits. The company sees great potential for the development of green and low-carbon businesses in the Chinese market.
People’s Daily
Yu Feng stated in an interview with People’s Daily that Honeywell is committed to integrating the three major business development trends of automation, future aviation, and energy transformation with China’s actual development, continuously developing products and technologies that meet the needs of Chinese customers, further consolidating the foundation of long-term development in China, and working together with Chinese partners to promote industrial upgrading. The scale, innovation vitality, and economic resilience of the Chinese market provide fertile soil for the development of multinational enterprises in China. The development prospects of China in digital economy and green low-carbon fields also show opportunities for many enterprises. Honeywell will continue to deeply cultivate the Chinese market.
Xinhua News Agency
Xinhuanet published a report entitled “Chai Xiaozhou: Foreign enterprises should promote enterprise growth with local innovation”. Chai Xiaozhou stated that the core element of new quality productivity is technological innovation. The innovation of foreign enterprises should be combined with China’s local practice to promote enterprise growth with local innovation. China is a large market with multiple levels, perspectives, and connections to various industries. For enterprises, there are many opportunities hidden within this. As long as they can seize these opportunities, combine them with China’s actual situation, provide solutions, and serve a series of growth oriented businesses such as low-carbon, intelligent manufacturing, and energy transformation, enterprises can gain growth opportunities in them.
First Financial
Chen Yan stated in an interview with First Financial Television that the green transformation of the construction industry is an important component of the country’s green transformation. Whether it is developers or operators, including enterprise factories, the first step is to make a significant change in management philosophy, shifting from relatively extensive development to high-quality development. Honeywell is committed to helping customers improve their efficiency, energy consumption, safety, and other aspects of building operations.
As a high-tech enterprise serving multiple industries worldwide, Honeywell is committed to combining the development trends of automation, future aviation, and energy transformation with the development needs of Chinese customers, and promoting influential local innovation. Honeywell will continue to develop products and technologies that meet the needs of Chinese customers, further consolidate its commitment to long-term development in China, make good use of global experience and local innovation, work with Chinese partners to promote industrial upgrading, and help related industries achieve low-carbon, efficient, safe, healthy and high-quality sustainable development.
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