BIStel, a South Korean-headquartered provider of smart manufacturing solutions, said it will expand investments in China to catch business opportunities from the country’s plans for industrial modernisation and upgrading.
“One of China’s goals is to upgrade its manufacturing ability under [the national strategy of ] Made in China 2025 … We have to invest in manpower and technology to obtain the business opportunities,” said Sunny Lee, general manager of BIStel China in Shenzhen on Friday. “Without these kinds of approaches, it will be difficult to do business in China.”