Help: EPC players given quality edge
Chinese industry is becoming more and more global just like EPC players – and Siemens will help them enhance production efficiency and flexibility, product quality and shorten the timeto-market for new products, said Neike.
Siemens has had a series of cooperation agreements with Chinese industry players in recent years, including Baosteel Group Corporation, China Shipbuilding Industry Corporation, China Electronics Corporation and others to jointly work on intelligent manufacturing solutions.
According to Lothar Herrmann, CEO of Siemens Greater China, Siemens China was one of the earliest companies to partner with Chinese enterprises to explore overseas markets. This started about 20 years ago.
“In recent years, with the launch of the Belt and Road Initiative, as well as the rapid development of Chinese EPC enterprises in the global arena, we are picking up the speed more quickly than expected,” he said.
By 2016, Siemens had joined forces with more than 100 Chinese EPCs, including CNPC, Sinopec and Power China, in exploring some 60 markets overseas worldwide.
Siemens will continue to help China’s companies adapt to local markets and expand their footprint worldwide in various fields, including power, oil and gas, chemicals, minerals and building materials, he said.
“We can help Chinese EPCs thrive in complex market environment overseas, increase project efficiency, and enter into mature markets.”