GE Healthcare Showcases Multiple Locally Innovated Products at CIFTIS, Driving Deep Integration of Medical Equipment Manufacturing and Services

Source: China Securities Journal · CS.com.cn

(China Securities News) (Reporter: Fu Suying) On September 3, at the 2021 China International Fair for Trade in Services (CIFTIS), GE Healthcare showcased a range of products and digital solutions. This not only comprehensively demonstrated GE Healthcare's "domestic hard power," but also fully reflected the company's industrial integration capabilities and long-term commitment to building a localized supply chain layout. It further promoted the innovative integration of China-produced high-end medical manufacturing with healthcare services, playing a strong leading and driving role in the development of national strategic emerging industry clusters.

“Beijing is the home base for GE HealthCare’s development in China.” Kieran Murphy, Global President of GE HealthCare, stated in a video address at the launch ceremony of CIFTIS “Beijing Day”: “GE’s first joint venture in China, ‘GE-Wan Dong,’ has been operating in the Beijing Economic-Technological Development Area for 30 years. Currently, the Beijing municipal government is vigorously promoting the establishment of a more open and highly efficient business environment. At the same time, Beijing is advancing the high-level, rapid development of the ‘Two Zones,’ with successive introductions of industrial support and talent incentive policies aimed at cultivating competitive industrial clusters and fostering innovation and entrepreneurship. These favorable policies and a vibrant industrial ecosystem have fueled Beijing’s high-quality and rapid development. GE HealthCare will actively increase its investment, continue to expand its investment scale in Beijing, and consistently bring the world’s most advanced products here.”

Zhang Yihao, President and CEO of GE Healthcare China, stated: “GE Healthcare will fully capitalize on new development opportunities, ride the momentum of the Economic and Technological Development Area’s initiative to build a world-class advanced manufacturing cluster, and continuously deepen its three major strategies—comprehensive production in China, digital empowerment, and win-win cooperation—to meet the growing demands of the high-end, grassroots, and non-public healthcare markets.”