Global Investment | Reckitt to Establish a Global Center
“China is one of Reckitt's largest markets and is in strong growth with great momentum. Design for China in China is at the core of our long-term strategy to serve the growing needs of Chinese consumers and support their cleaner and healthier lifestyle,”Kris Licht, CEO of Reckitt said.
Reckitt's Global R&D Centre of Excellence in Shanghai will be one of 9 centres of excellence globally. Located in Shanghai Caohejing High-Tech Park, the new centre will occupy more than 8000 m2, and is expected to go into operation in 2026. The total investment of over 300 million RMB will support development on all Reckitt brands in China, including Durex, Dettol, Movefree and Finish, strengthening the company's capabilities to drive competitive advantage and ownable differentiation to deliver more innovations developed locally for Chinese consumers and deploy winning innovations to the rest of the world.
Chen Yujian, Standing Member of Shanghai CPC Committee, Vice Mayor of Shanghai and Party Secretary of Minhang, Kris Licht, CEO of Reckitt, Weng Kaining, Deputy Secretary of CPC and Chairman of Lingang Group, witnessed the signing ceremony of strategic cooperation agreement between Reckitt and Caohejing High-Tech Park.
ABOUT Reckitt Benckiser：
Reckitt Benckiser is a global company headquartered in the UK, founded in 1823 with a history of nearly 200 years. The company is a leading global manufacturer of health care, hygiene care, and home care products, with products sold to over 190 countries and regions worldwide and employing over 40000 employees. Li Jie Shi operates over 50 production bases worldwide and ranks in the top 20 of the FTSE 100 index in the UK, earning him the reputation of a global pioneer in advocating sustainable development. In China, Li Jie Shi sells its products in major provinces across the country through its branches and factories, such as its main branches established in Beijing, Shanghai, and Guangzhou, as well as five factories established in Qingdao, Shandong, Jingzhou, Hubei, Ma'anshan, Anhui, Xinzhou, Shanxi, and Guangzhou. Lijie Shi (China) Investment Co., Ltd. and Lijie Shi Jiahua (China) Co., Ltd. are responsible for operating in the Chinese market, providing products from brands such as Dettol, Durex, Scholl, Veet, Schiff, Manyan Shuning, and Kechuanning.