Currently, technicians at the center are actively involved in pre-stage technology support work for as many as 28 industrial standards. The work covers the areas of vocational health and safety, personal safety, liquid crystal displays, automobile safety, transportation safety, as well as telecommunications and electric power. The standards have been conceived with ensuring the overall industrial competitiveness of China very much in mind.

3M finds renewed inspiration in e-Town [CFP]

The financial crisis has had a number of consequences for 3M China and the 3M Beijing Technology Center, but these consequences have not resulted in cost cutting or reduced staffing levels. The company has also increased its financial support for research and development programs.

According to Liu, the global economic downturn has not resulted in a significant change in local strategy, with 3M continuing to develop both its China manufacturing base and its cultivation of local talents. Staff have also continued to be entitled to promotion packages and rewards for outstanding performance.

As an approved multi-national, 3M now also faces a number of new opportunities in areas identified as key investment sectors by the Chinese government. These include projects in the electric power, transportation, telecommunications and automotive industries.

With trading history of more than 100 years, 3M is confident it has more than enough experience to weather the current international difficulties. Previous recessions, it says, have proved opportunities for the company to expand. It sees the current situation as no exception and is confident that its tried and test management model, coupled with excellent cash resources, will ensure its future prosperity.

(China Daily April 17, 2009)