In the environment where global economic growth slowed down last year and the growth rate of industrial and manufacturing industries stagnate, Siemens China ’s 2012 financial results show that in 2012, revenue was 6.35 billion euros and orders were 6.04 billion euros. Since then, Siemens has the second best performance in Chinese history.
Cheng Meiwei, President and CEO of Siemens China Co., Ltd., stated that China is Siemens' second largest overseas market, contributing 8% of global revenue.
At present, Siemens China has medical, industrial, energy, infrastructure and urban businesses. Among them, medical treatment has increased by more than 30% in the past two years, providing advanced solutions for rail transit systems in 5 cities.
Siemens has long been committed to meeting the needs of hospitals in different regions and levels of China, covering medical research institutions, large comprehensive hospitals, urban community hospitals, and small township hospitals. In Shanghai, many projects have been invested, such as the investment of 300 million yuan to establish the Siemens (Shanghai) Medical Park. The X-ray product building project of Shanghai Siemens Medical Devices Co., Ltd. broke ground in August this year, and the completion will increase the company's R & D and production area by 322,000 square meters. It is reported that one out of every two Siemens CT products sold worldwide comes from Shanghai Siemens Medical Devices Co., Ltd. The company has now become the R & D center of Siemens Medical Global X-ray basic medical products. During the year, the world's 1,000th MAGNETOM ESSENZA magnetic resonance system was offline at the Siemens Magnetic Resonance Park in Shenzhen and sold to Japan, further demonstrating China's strategic central position and important role in Siemens' global medical innovation network.
It is understood that between fiscal year 2010 and fiscal year 2013, Siemens invested more than 400 million euros in China to expand production and office facilities. In fiscal 2012, nearly 90% of raw materials and semi-finished products were sourced in China. New orders in China amounted to 6.04 billion euros and revenues reached 6.35 billion euros, ranking second in Siemens ’140 years of operations in China. The Chinese market accounts for 8% of Siemens' global revenue. China has become the second largest overseas market outside Siemens Germany.
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