Honeywell Receives “2016 Multinationals' Innovation in China Best Practice Award”
June 03, 2016
“Honeywell identifies China-specific needs around safety, security, energy efficiency and productivity and meets them with locally-developed innovations,” said Stephen Shang, President and CEO of Honeywell China. “Honeywell's ‚ÄòEast for East' strategy is driving smarter and more sustainable business growth through innovation in China. Our ‚ÄòEast for East' solutions support the Company's ‚ÄòEast to Rest' strategy, which transfers innovations developed in China to the rest of the world.”
The award recipients were selected based on questionnaires, public surveys and independent data collection and research as part of CBN's efforts to identify and recognize outstanding innovators and their best practices in China. China Business Network (CBN) is one of the most influential business media outlets in China, boasting a full business news portfolio across TV, newspaper, radio, magazine, website and social media.
Dr. Xu Jun, Aerospace Engineering and Technology (E&T) Leader of Honeywell Technology Solutions (HTS) China participated in a panel discussion on multinational corporations' innovation in China at the award ceremony.