Honeywell launches smart manufacturing research center in Shanghai

US-based conglomerate Honeywell has launched its Smart Manufacturing Research Center in Shanghai, in a bid to further tap into the Chinese market by diversifying its investment and development in the country.

The research center, announced during the ongoing Honeywell Process Solutions' biannual China Technology Symposium in Xi'an, Shaanxi province, plans to issue new reports each year on smart manufacturing, use cases, applications and technology trends.

The center will also serve in an advisory role for Chinese businesses and the Chinese government, and facilitate collaborations with universities, research institutes, and nonprofit organizations to facilitate the country's high-quality development, the company said.