CCTV News: As the world's top two economies, China-US economic and trade relations are highly complementary. China's manufacturing industry is constantly upgrading, not only developing towards high-end, intelligent and green, but also becoming a key link in the global production and supply chain. At the same time, with the introduction of a number of favorable policies, American companies in China have personally experienced the opportunities brought by China's development.
In a residential community in Pinggu District, Beijing, workers are busy upgrading and renovating elevators. This community has been built for 20 years, and the problem of elevator aging is becoming increasingly prominent. This elevator replacement adopts a solution to retain guide rails and sills, which not only greatly improves construction efficiency, but also reduces interference to residents' lives.
In 2024, the state issued a policy to allocate 300 billion yuan of ultra-long-term special treasury bond funds to the "two new" areas, that is, large-scale equipment updates and consumer goods traded for old products. The business of "oldering" elevator replacement alone has brought hundreds of project opportunities to Otis.
The HVAC and fire protection system in the first large domestic cruise ship "Ida Modu", the central air conditioning system at the 2024 Hangzhou Asian Games, the smart buildings in urban buildings, from small parts to large solutions, American manufacturing enterprise Johnson Automation participated and witnessed the high-end, intelligent and green development of China's manufacturing industry. Today, Johnson Automation’s key components have been developed and produced locally in China.
Johnson Controls has about 8,300 employees and 10 manufacturing plants in China. Its products are not only supplied to the Chinese market, but also sold to all parts of the world.
As of now, there are more than 70,000 American companies investing in China. In recent years, my country has introduced a number of policies to promote inefficient building renovation and large-scale equipment renewal, providing new opportunities for American manufacturing companies entering the Chinese market.
