ABB to ramp up R&D investment in nation

Swiss technology company ABB Ltd said it will continue to increase investment and strengthen research and development efforts in China, its second-largest market, especially in smart buildings and industrial sectors.

The company's new smart buildings technology center opened in Beijing on Tuesday, and the R&D center is forecast to play a key role in its global innovation system.

The center will focus on global R&D tasks including digitalization, artificial intelligence, smart energy, smart cities, and smart buildings and homes.