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Over more than 80 years, Pratt & Whitney has established a proven track record of long-term partnerships with the China's aviation industry, and has put considerable emphasis on China's market. Pratt & Whitney Aerotech－a joint venture between Pratt& Whitney, Chengdu Engine Company and Aviation Industry Corporation of China－has been an important part of the PurePower engine strategy in China.

Perry Zheng, president of UTC Building & Industrial Systems China

In 2012, Pratt & Whitney Aerotech moved into a new facility with expanded capabilities to accommodate the company's global focus on PurePower engines.

Pratt & Whitney has also established a MRO joint venture with China Eastern Airlines in Shanghai. The facility has delivered more than 400 overhauled aerospace engines since it opened in 2009.

In cooperation with Chinese aerospace companies, United Technologies also participates in major Chinese aviation programs, including the C919, China's first large jetliner, and the ARJ21 and MA60/700.

Cai said developing sustainable products will be a key factor in determining business competitiveness. Both Chinese and global companies have identified low-carbon emissions and digital, intelligent products as important areas for breakthroughs in advanced manufacturing.

With more than 25,000 employees throughout China, United Technologies recorded $5.8 billion in net sales in the market in 2014. It has 211,000 employees working in more than 71 countries and regions worldwide. The US company's global net sales for 2014 reached $65.1 billion.

As the "New Normal" and technology boom continue, China is ideally placed to benefit from greener, more sustainable development, said Sun Fuquan, a researcher at the Chinese Academy of Science and Technology for Development in Beijing. New models for sustainability need to be invented in manufacturing, infrastructures, buildings and cities, he said.

"This trend has increased market demand for green buildings, air-conditioners, efficient and intelligent elevators, as well as more fire control and safety solutions from global conglomerates such as United Technologies, because they are essential in keeping up the pace of urbanization," said Sun.

Sustainable buildings and urban design create long-term and profitable opportunities for the use of land, energy and capital, as well as for building technologies, materials and supporting facilities.

Perry Zheng, president of UTC Building & Industrial Systems China, said China will soon become the world's largest market for green buildings as the country makes longterm commitments to ensure that 30 percent of all new construction by 2020 is green.

China's plans, released two years ago, focus on sustainable development strategies for urbanization, environment and industrialization sectors.

"China has become a major focus for foreign and domestic elevator makers due to the fast pace at which urbanization drives new building construction," said Zheng.