General Electric (GE) announced that its China Technology Park in Shanghai's Zhangjiang Hi-Tech Park has been formally completed and it will become GE's headquarters in China.

Jeffrey R. Immelt, chairman and CEO of GE, said at the inauguration ceremony that GE will foster research and development power in China and extend to the western parts of the nation.

Based on GE's former research center in China, the China Technology Park is a modern comprehensive office park covering over 60,000 square meters. As one of the most advanced comprehensive office buildings of GE's global branches, the China Technology Park will be able to accomodate more than 3,000 workers from GE's business groups in Shanghai upon its total completion.

Immelt says that China is the focus of GE's global strategy. The company will continue to expand its business here and make China its second home. The China Technology Park is a milestone for GE's localization in China and it represents for the company's commitment to support China's sustainable development. GE will invest in the technology sector to foster research and development power in China in the next 20 to 30 years.

2 COMMENTS

  1. If your readers would like an objective and comprehensive view of GE and its successes and failures over its 126 years and the lessons they can learn, I would like to suggest they read the new Simplified Chinese version of my book, THE SECRET TO GE's SUCCESS, now available in six languages. My blog GEWATCHER keeps the reader up to date on the current GE strategies and how it compares to the past successes and failures, as well lessons learned from this remarkable company.

    Bill Rothschild, author of THE SECRET TO GE's SUCCESS.

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