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Merck China head confident in Chinese market

chinadaily.com.cn | Updated:2021-06-07

Global trade is being impacted by the COVID-19 pandemic, and the distribution of industrial chains is undergoing significant adjustments. However, Allan Gabor, president of Merck China, said he is more confident than ever about the Chinese market during an interview at this year's Conference of Global Health Forum of Boao Forum for Asia.

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Allan Gabor (middle), president of Merck China, talks with a reporter during the second Conference of Global Health Forum of Boao Forum for Asia. [Photo provided to chinadaily.com.cn]

"Today China is Merck's second largest market, so it is of very high strategic importance. I think China's successful fight against COVID-19 underscores the country's inherent resilience -- I've seen this before, but I think for the world, it raises awareness of how resilient the economy is, how resilient the people are, and how supportive the policies are in addressing the challenges brought about by Covid-19," said Gabor.

"Because of this resilience and the dynamics of the market that affect our entire business, we are accelerating our investments. Last year in the midst of the Covid-19 pandemic we announced the construction of the Electronics Technology Center, which is designed to help our customers adopt the latest technologies for display and semiconductor manufacturing," he added.

Merck Group is a German multinational science and technology company with a history of more than 350 years and headquartered in Darmstadt. It is involved in healthcare, life science, and electronics and has been investing in China for more than 88 years.

"The pandemic did have a major impact in China and around the globe. Yet I think it was a tremendous example of unprecedented collaboration between scientists, regulators, and governments to bring an innovative vaccine to the market in record time and in a safe and effective manner," said Gabor.

"China is very dynamic, and we see huge progress in the life science area and the electronics space, so the key is not only to make our products successful, but also to make sure they can be adopted as effectively as possible so that our customers can progress as much as possible."

When talking about the company's basic planning and future positioning, Gabor stressed the importance of transitioning from a treatment center to a more holistic management-centered approach, in which digitalization would help encompass the communication of awareness, prevention, and treatment options where management is most ideal for patients.

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