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Siemens invests around € 80 million in lab in China

Siemens Corporate Technology celebrated the official opening of its "Siemens Corporate Technology China" research center in Beijing.

Siemens intends to invest around € 80 million by 2010 in the two Chinese locations Beijing and Shanghai, where over 300 scientists will conduct research on new environmental, energy, healthcare, and automation technologies. With over 31,000 employees, Siemens is one of the largest employers among foreign-owned enterprises in China.

At the opening ceremony for the Beijing research location, Vice-Chairman of the National Development and Reform Commission Zhang Xiaoqiang underscored the Chinese government's interest in a mutually profitable collaboration with Siemens over many years. Innovations are the key to China's social and economic development, he said, noting that Siemens was one of the leading international enterprises in this regard.



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