Representatives from Taicang-based Land Group and Siemens AG (China) sign a cooperation agreement in Taicang, East China's Jiangsu province on May 18. [Photo/WeChat account: tcsrmtzx]

Taicang-based Land Group signed a cooperation agreement with Siemens AG (China) on May 18.

Both sides agreed to utilize digital technology to promote the building and operation of a smart industrial park, provide digital technology-oriented transformation solutions for industrial companies, as well as help companies reduce carbon emissions.

The two parties also agreed to build platforms for advanced manufacturing, green energy management, biopharmaceutical research, and digitalizing car making sector.

Siemens AG, the German technology giant, plans to increase their market share as Chinese cities' demand for smart urban infrastructure has notably surged in recent years.

Land Group has nearly 20 years of experience in partnering with European companies and in running industrial parks. The group is now seeking cooperation with global leading companies in industrial digitalization, smart manufacturing, and artificial intelligence to promote the upgrading of basic infrastructure in cities.

Representatives from Land Group and Siemens AG (China) discuss new projects in Taicang. [Photo/WeChat account: tcsrmtzx]