Foreign companies set up R&D centres amid China's innovation boom
newscatcher
2023-08-07 16:37
Foreign companies set up R&D centres amid China's innovation boom
TIANJIN: In recent years, many foreign companies have chosen China as their ideal location to settle their research and development (R&D) centres to cater to the vast Chinese market demands and serve a larger global market. In late July, The Laundress, a high-end fabric care laundry brand affiliated with the global consumer goods giant Unilever, unveiled its Asia R&D Centre in north China's Tianjin Municipality. The R&D centre is inside Unilever Tianjin Industrial Park, which aims to give full play to the effectiveness and safety of the local manufacturing base.

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