Yu Feng, President of Honeywell in China: The Chinese supply chain is not only complete and enormous, but also very responsive.

Since 2018, we have seen the emergence of new energy vehicles in China, and we have recognized this as an important opportunity. Our factory in Nanjing is excellent, but without a strong supply chain in China, it is impossible to continuously improve and innovate our products. The Chinese supply chain also has a key characteristic: the close connection between market demand, research and development, and production. Not only do we have our own facilities, but also in the Yangtze River Delta region, you can find a large number of excellent suppliers within an hour.

CMG