PerkinElmer, a leading innovator in global analytic instruments and life sciences, hosted an inauguration ceremony on July 2 for its production, research and development (R&D) base, global procurement hub, and supply chain center in Taicang.

The base will focus on the R&D and manufacturing of high-end analytic instruments. Its products' applications cover diverse domains, including new materials, food and beverages, environmental protection, and biomedicine.

The global procurement and supply chain hub will help PerkinElmer amass premium resources from around the world, forging a more efficient supply-chain ecosystem.

Once fully operational, the $35-million project is estimated to yield over 1.4 billion yuan ($195.40 million) in annual output.

The grand opening of PerkinElmer's Taicang facilities underscores the company's enduring faith in the Chinese market while pushing Taicang towards high-end manufacturing and optimizing its industrial structure.