Foreign investors swear by Chinese market
China Daily | Updated: 2019-10-14 08:52
BEIJING - Despite the slowing momentum of global trade growth, China remains attractive to the world's multinationals with its huge consumer market, optimized business environment and innovation capability.
Swiss tech giant ABB began construction of its new 67,000-square-meter robotics manufacturing and research facility in Shanghai in September with an investment of $150 million.
It is designed to be the most advanced, automated and flexible factory in the global robotics industry, utilizing the latest manufacturing processes - a cutting-edge center where robots make robots.
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