{"id":19938,"date":"2019-11-05T11:49:09","date_gmt":"2019-11-05T19:49:09","guid":{"rendered":"https:\/\/lapost.us\/?p=19938"},"modified":"2019-11-05T11:49:09","modified_gmt":"2019-11-05T19:49:09","slug":"joining-ciie-again-shows-honeywells-commitment-to-china-honeywell-president","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=19938","title":{"rendered":"Joining CIIE again shows Honeywell\u2019s commitment to China: Honeywell president"},"content":{"rendered":"<p>By Wu Lejun,\u00a0People&#8217;s Daily app<\/p>\n<p>File photo of Shane Tedjarati, president of Honeywell global high growth regions.<\/p>\n<p><strong>People\u2019s Daily (Washington) &#8212;\u00a0<\/strong>Talking about the upcoming second China International Import Expo, Shane Tedjarati, president of Honeywell\u2019s global high growth regions, said Honeywell is among the first batch of multinationals to commit to join the CIIE. This is the second time for Honeywell to join, which shows Honeywell\u2019s commitment to China. The size of Honeywell\u2019s exhibition areas has tripled compared with last year.<\/p>\n<p>According to the the Ministry of Commerce, the number of US companies participating in the second session of the Expo reached 192, an increase of 18% over last year. The exhibition area for US companies reached 47,500 square meters, ranking first among the participating countries.<\/p>\n<p>With the theme on \u201cThe Future is What Make It,\u201d Honeywell will exhibit over 30 leading technologies including \u201cconnected aircraft, connected buildings, connected manufacturing, and connected distribution centers.\u201d Some of the exhibits are showing products for the first time in China, including the new JetWave xxxxx, tailor made for the China market. Products such as total solutions for connected warehouses and smart terminals display Honeywell\u2019s innovation capabilities, which can solve China\u2019s key challenges in terms of smart manufacturing, energy efficiency and safety.<\/p>\n<p>Honeywell brought a series of leading connected technologies to the first CIIE, in order to embrace the booming digital economy together with Chinese customers. Honeywell signed dozens of deals at the first CIIE, and hopes to get more at the second CIIE. These sales demonstrate a win-win with Chinese customers for a better future.<\/p>\n<p>For example, Honeywell signed a cooperation agreement with Sinochem to support the digital transformation of fine chemical manufacturing in China at the first CIIE, Tedjarati said. With Honeywell&#8217;s Manufacturing Execution Systems, a plant of Sinochem\u2019s Sennics at Tongling not only achieves efficient manufacturing operation management and\u00a0 intelligent manufacturing, but more importantly, enhances the comprehensive operational excellence and profitability, which contributes to its digital transformation. After the manufacturing execution system was put into operation, Sennics\u2019 Tongling plant realized that both the automation of material entry and exit operations and the quality inspection efficiency increased by 30%, inventory efficiency increased by 78%, and labor costs decreased by over 60%.<\/p>\n<p>As a long-established American manufacturing company, Honeywell became the first multinational company to set up a representative office in Beijing, in the 1980s. Tedjarati has worked and lived in China for more than 20 years. From being unable to say a Chinese sentence, to becoming an experienced China hand, Shane Tedjarati witnessed China&#8217;s rapid development.<\/p>\n<p>\u201cI first came to China in 1992 and experienced the rapid changes in China. I am very lucky to have witnessed and been involved in these changes for the past 27 years.\u201d Tedjarati told the People\u2019s Daily. He said he still remembered that the first word he learned in China was \u201cno\u201d when he arrived on a night flight in Hangzhou in 1992. \u201cAt that time, no matter where you went or what you wanted to buy, people always said \u2018no\u2019, especially to foreigners.\u00a0 But in a little over a decade \u2018no\u2019 has become \u2018no problem\u2019, no matter what you want now. This amazing transformation cannot have happened without China\u2019s opening-up to the world and inviting multinational companies to come and participate in the economic development of the country,\u201d he added.<\/p>\n<p>With a deep commitment to China,\u00a0 Tedjarati put forward Honeywell&#8217;s core strategy, &#8220;East serves East&#8221; and &#8220;East serves the world. &#8221; No matter where in the world, Honeywell sees China as a major center of innovation and promotes innovation to drive growth, he stressed.<\/p>\n<p>Honeywell\u2019s growth has fully aligned with China\u2019s macro trends, like the digital economy and the Belt and Road initiative. Honeywell has supported many mega projects in China, including China\u2019s first home-grown passenger jet, the C919, the Hong Kong-Zhuhai-Macau Bridge, the West to East Gas Pipeline Project, ZPC\u2019s integrated refining and petrochemical complex in Zhoushan, Jinmao Tower in Shanghai, and the Bird\u2019s Nest in Beijing. Honeywell\u2019s revenue in China has increased six-fold from 2004 to 2018, and China has become Honeywell\u2019s largest single market outside the US.<\/p>\n<p>&#8220;In the future, we will continue to develop the mid-end market based on the development strategy of &#8216;East Serves East&#8217;, especially the mass market in the middle, and better serve Chinese customers,&#8221; said\u00a0 Tedjarati.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Wu Lejun,\u00a0People&#8217;s Daily app File&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,8],"tags":[],"class_list":["post-19938","post","type-post","status-publish","format-standard","hentry","category-business","category-china"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/19938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19938"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/19938\/revisions"}],"predecessor-version":[{"id":19939,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/19938\/revisions\/19939"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}