Schindler to expand its presence in Chinese market

Schindler Group plans to continue expanding its branch network in China as the country's economy is substantially opening up, according to executives of the global manufacturer of elevators and escalators.

The Swiss company has built a reputation for safety and good quality in the past three decades, and will continue to provide cutting-edge technologies and excellent services to China for the long run, said Group CEO Thomas Oetterli.

The company highlighted its new technology solution called Schindler Ahead at the China International Import Expo earlier this month. It captures real-time data and uses big data analysis and artificial intelligence to predict maintenance needs.