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China Daily / 2024-12 / 31 / Page015

Eyeing huge opportunities, Japanese companies increase investment in nation

China Daily | Updated: 2024-12-31 00:00

GUANGZHOU — At a new facility in South China's Guangdong province, air conditioners roll steadily off the assembly lines, while robots glide through the aisles transporting products.

This facility is the initial phase of a massive air conditioner production base by Daikin Industries, a leading air conditioning and refrigeration system manufacturer headquartered in Osaka, Japan. With an investment of 1.75 billion yuan ($239.75 million) and spanning 220,000 square meters, the base is set to become Daikin's largest air conditioning production hub in China once fully completed.

In 2024, Daikin celebrated its 100th anniversary and 29 years of operations in the Chinese mainland market. The company currently operates 22 production bases and multiple research centers in cities such as Shanghai and Suzhou, Jiangsu province.

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