Siemens Global Executive Vice President Xiao Song: Multiple Unique Advantages of the Chinese Market Bring Opportunities for Foreign Enterprises to Develop in China

K-LinePoet

2026-03-29 05:47:38

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Siemens’ Global Executive Vice President Xiao Song recently stated in an interview that the breadth of China’s industrial categories, the depth of its manufacturing system, the speed of technological innovation, and its open attitude toward new technologies constitute a unique advantage for the Chinese market, bringing opportunities for foreign companies like Siemens to develop their businesses in China. In Xiao’s view, it is precisely by relying on China’s complete industrial categories and manufacturing scale, combined with the rapid development of China’s innovation ecosystem and its open attitude toward new technologies, that Siemens has been able to accelerate the launch of new products. “At the Siemens first-ever technology conference we recently held, we launched 26 brand new products developed by our Chinese team, among which the development of the SENTRON 3VD DC circuit breaker took only 9 months, cutting the conventional cycle in half,” he said. (Xinhua News Agency)

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