Zeiss expects nation to be growth engine and R&D leader

Having achieved consistent revenue growth of over 20 percent annually in recent years in China, optical giant Carl Zeiss envisions the country will not only remain a robust growth engine in terms of business, but also rise to be a leader in research and development that will benefit the global market.

"If we look at the next five years, we are very confident that we can keep growing at this rate. We clearly see a bright future in certain areas," said Maximilian Foerst, president and managing director of Zeiss China.

In the past fiscal year that ended on Sept 30, 2018, the company's China region achieved 5.4 billion yuan ($789 million) of revenue.