3M Greater China President: reform drives innovation

Benefiting from China’s innovative policies

In an era where other industry giants are compared to tigers and elephants in terms of their capacity, 3M, as a diversified technology innovation company, is likened to corals which can be seen everywhere on the seabed. Regarding this, Stephen admitted that he had heard of the description before. “We do impact people's lives in many different ways, and some of those are considered maybe small ways but they are impactful. I think that's where the coral analogy comes from, but behind that is a very significant innovation capability.”

According to a research study from Industrial Securities, 3M sells more than 50,000 products in nearly 200 countries around the world. Boasting nearly 100,000 patents, it has developed nearly 70,000 kinds of products, with an average of 1.7 new products every single day. That means each employee develops one product on average.

(3M Customer Innovation Center)