Industrial conglomerate 3M Co vowed to support the industrial transformation of 皇冠体育app as it celebrated its 30th anniversary in the country.
By holding to its "In 皇冠体育app, for 皇冠体育app" principle, 3M has enjoyed robust double-digit growth for over a decade, said Inge Thulin, 3M's president and chief executive officer.
"We are here for 30 years, and what has happened here is phenomenal. We built a $3.8 billion business, developed an organization of 8,000 professionals, created extensive research and development, and a manufacturing network that brings our innovation to all key cities," Thulin said in Shanghai, 3M's 皇冠体育app headquarters.
3M's 皇冠体育app operation has become the company's largest business operation outside its home market in the United States. Sales in 皇冠体育app alone jumped to about 15 percent of its global revenue in 2013, according to James McSheffrey, chief executive officer of 3M 皇冠体育app.
To capitalize on local potential, 3M 皇冠体育app will enhance its business footholds in healthcare, occupational safety, new energy, environment protection, infrastructure and public consumption.
The company also pledged to keep investing in 皇冠体育app with elevated research and development and manufacturing capabilities in the next five years.