Country for PR: China
Contributor: Xinhua News Agency
Friday, July 07 2017 - 11:27
Midea Strives to Achieve Global Collaborative Innovation
SHANGHAI, China, July 7, 2017 /Xinhua-AsiaNet/--

2017 G20 Summit will soon kick off in Hamburg on July 7. This summit is themed 
as "Shaping an Interconnected World", which continues the subject of building 
an open world economy set at 2016 G20 Hangzhou Summit. Against this backdrop, 
China and Germany have been actively conducting innovative cooperation and a 
collaborative innovation network covering enterprises, colleges and 
universities, governments and scientific research institutions of the two 
countries is gradually taking shape.

Chinese enterprises represented by Midea Group act as decisive innovation 
drivers during this course. In January this year, Midea became the principal 
shareholder of KUKA AG, a world leading robot company, with a stake of about 
95%. In late April, R&D and Innovation Center Europe (RDICE) of Midea was 
announced open in Graz, Austria; meanwhile, its Emerging Technology Center 
(ETC) had its opening ceremony held in San Jose in Silicon Valley, US and was 
officially put into operation. These changes have convinced the markets that 
Midea has taken a firm leap relying on its innovation capability and open 
pattern fostered during globalization.     

As an international technology group, Midea has expanded its business scope to 
cover household appliances, Heating Ventilation Air Conditioning (HVAC), smart 
logistics, robots and automatic systems. The company has set up 17 R&D centers 
in 8 countries worldwide with a total of over 10,000 researchers and more than 
300 senior foreign experts. The "global linkage" of its R&D capacity has become 
a powerhouse for the company to form the global innovation 

Besides, Midea has pioneered a new worldwide enterprise innovation mode with 
its own characteristics - the 4-Tier System for R&D. It has also established 
joint labs through active cooperation with famous domestic and overseas 
colleges and universities, integrated global technological resources and deeply 
advanced open innovation.                   

"Our achievements are the result of our constant pursuit for technological 
innovation and proper R&D deployment as well as experience accumulation and 
continuous progress in the past three years. In the future, we will set up 
overseas R&D centers in other suitable countries. We are committed to 
allocating assets internationally and steadily striding toward our development 
goal of building a world top-notch technology-based manufacturing enterprise." 
said Doctor Hu Ziqiang, Vice President, CTO and Director of the Central 
Research Institute of Midea Group.

SOURCE: Midea Group

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