View of Merck's booth during an expo in Shanghai. HU XUEBAI/FOR CHINA DAILY
Merck, a Germany-based science and technology giant, sees growing opportunities for long-term growth and innovation collaboration in China, its top executive in the country said, highlighting China's economic resilience and growing role as a source of global innovation.
"China's market not only absorbs innovation, but accelerates it," Rogier Janssens, president of Merck China, said in an exclusive interview with China Daily.
Janssens said first-half economic data reinforced Merck's confidence in China's long-term prospects, pointing to solid momentum in high-end manufacturing and resilient trade in high-value-added products.
China's GDP grew 4.7 percent year-on-year in the first half to 69.57 trillion yuan ($10.3 trillion), while value-added output of high-tech manufacturing rose 13.3 percent, according to data released by the National Bureau of Statistics in mid-July.
