Chai Xiaozhou: In recent years, China has continued to send out positive signals to attract foreign investment and continuously optimize the business environment, demonstrating China’s determination and confidence in opening-up. At the same time, the scale, resilience and innovative vitality of the Chinese market provide a solid market support for the development of multinational enterprises in China.

With the deep integration of the digital economy and the real economy, intelligence is the only way for the high-quality development of China’s manufacturing industry, and the manufacturing industry needs to improve production efficiency and product quality by introducing advanced automation equipment and intelligent manufacturing systems. At the same time, the concept and technology of intelligent manufacturing are also widely used in various manufacturing industries, including discrete manufacturing and process manufacturing. Discrete industries, such as automobile manufacturing and electronic HE693ADC410C equipment manufacturing, require highly flexible production systems and powerful hardware, while process industries, such as chemicals and steel, require continuous and stable process control and functional excellence facilities. Honeywell Intelligent Industrial Technologies provides a wide range of hardware and software products for these two segments, creating diverse solutions to help the manufacturing industry achieve more efficient and flexible production.

With its core strengths in sustainable development, control and automation technologies, Honeywell Intelligent Industry Technology Group provides innovative technologies and solutions for traditional industries such as steel and petrochemical, new energy industries such as photovoltaic, energy storage, hydrogen energy, and high-end manufacturing industries such as semiconductor chips and shipbuilding, boosting the energy transformation and sustainable development of the industry and China.

Caixin: What opportunities does the new industrialization proposed by the Chinese government bring to Honeywell and the upstream and downstream industry chain?

Chai Xiaozhou: This year’s “Government Work Report” proposes to comprehensively deploy and promote new industrialization. The new type of industrialization is a powerful engine driving China’s high-quality economic development. The new industrialization promotes revolutionary technological breakthroughs, and will strengthen the deep integration and cooperation of the upstream and downstream innovation chains, thus enhancing the resilience and competitiveness of the industrial chain and supply chain.

HE693ADC410C Scientific and technological innovation and sustainable development can effectively enhance the resilience and competitiveness of the industrial chain, thus promoting a new type of industrialization. Honeywell is committed to leading the development of strategic emerging industries with technological innovation, and is driving growth in China with local innovation through additional research and development investments and support for local supply chains. Green and low-carbon is the background color of new industrialization, about 60% of Honeywell’s new product research and development are to improve customers’ environmental performance and social benefits as the starting point, Honeywell has 2 national and 4 provincial “green factories” in China.