Visitors seek information at the stand of Thermo Fisher Scientific during an international environmental protection exhibition in Beijing. (A Jing/For China Daily)
A5: Thermo Fisher has been operating in China for more than 35 years, and we remain optimistic about economic development and continued growth. Despite recent trade tension, we have continued to invest in China.
Government initiatives such as the 13th Five-Year Plan of Technological Innovation are advancing China's technology base and increasing ideas-driven innovation. This helps us to leverage our global innovation to serve China's expanding market.
A6: Thanks to the business environment, Thermo Fisher has been serving China's market for more than 35 years and has grown to 5,000 employees in China. These types of policies help us to execute our "in China for China" strategy and accelerate the progress of our local investment and cooperation to enable our customers to make the world healthier, cleaner and safer.
A7: China is at the technological frontier in industries such as electronics, machinery and automobiles. And it is also driving innovation in biotechnology.
As the world leader in serving science, Thermo Fisher's global R&D investment is about $1 billion annually. China provides great local opportunities and is a rising technology powerhouse that allows us to leverage local resources to serve global markets.
Half of the products produced by our manufacturing site in China are for global markets. The China Innovation Center in Shanghai, a market driven, regionally focused, high value and cost-effective R&D center, is also a key growth enabler for China and global businesses.
