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Siemens Denies Completely Withdrawing From China: Will Continue to Firmly Develop in China

March 29, 2024
in Technology
Siemens Denies Completely Withdrawing From China: Will Continue to Firmly Develop in China
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On March 28th, according to the WeChat public account “Shanghai Network Refutation,” recently, there has been a message circulating on the internet about Siemens completely withdrawing from China. Siemens, a foreign company that has long been deeply rooted in the Chinese market and well-known in China, is really going to withdraw from China?

Siemens company stated that it has also noticed the related rumors, which are not true. China is one of Siemens’ most important global markets, and Siemens has never announced any news about withdrawing from the Chinese market. In the future, it will continue to firmly develop in China.

The originator of this rumor claimed that a Siemens employee came to Shanghai for business and intended to sell the Siemens plant in Lingang to a state-owned enterprise, leading to Siemens completely withdrawing from China, with 8 foreign-funded enterprises in the upstream and downstream also following suit.

Siemens has more than 31,000 employees, 21 research and development centers, and over 5,400 R&D and engineering personnel in China. It is deeply involved in various fields such as local technological innovation, industrial transformation, talent cultivation, public welfare undertakings at different stages of China’s development. “In the future Siemens will spare no effort to support China’s high-quality development and move forward hand in hand with Chinese partners.

Siemens Healthineers’ medical imaging equipment achieved full localization of its product line last year. Siemens Healthineers stated that its Shanghai medical device research and production base continues to increase investment, developing a new high-end nuclear medicine molecular imaging equipment production line to promote the industrial upgrading of China’s high-end medical devices. In the future, Siemens Healthineers will have more globally leading molecular imaging equipment landing in China, accelerating the realization of full localization of its product line.

SEE ALSO: Siemens and XPeng Reach Strategic Cooperation

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