The Digital Source For China's Tech Innovation Since 2000

Search
Close

GE Will Set Up Five Regional Headquarters In China

September 17, 2008
Business

Having built two regional headquarters in Shanghai and Beijing, respectively, General Electric (GE) will soon set up five new regional headquarters in Shenyang, Wuhan, Chengdu, Xi'an and Guangzhou.

The new headquarters will be used to help GE's existing functional departments in different regions of China to further explore the Chinese market and to develop more China-oriented products.

Chen Xiangli, president of China Technology Center under GE, says that the move is in line with GE's new strategy of making China the second homeland of the company. In the future, China will become an important research and development base and a fundamental foothold for GE instead of merely being a market for the international giant.

To accelerate the implementation of its new strategy in the Chinese market, GE invested USD15 million in its research and development center in China in 2007 and the company continues to invest over USD40 million to develop new products for China such as clean energy, water processing, nano material, semiconductor light source and hybrid locomotive. In addition, CE plans to enhance cooperation with Chinese SMEs by merge and acquisition to promote its development in China.

Tags: acquisition | Beijing | Chengdu | China | Chinese | clean energy | development | energy | GE | General Electric | Giant | Guangdong | Guangzhou | headquarters | international | LINE | president | research | research and development | semiconductor | Shanghai | Shenyang | strategy | technology | Wuhan | Xi'an

Other Related News:

Online housing firm Beike prepares for dual-primary listing in Hong Kong 24HTECH.ASIA

May 8, 2022

Apple tells suppliers to use ‘Taiwan, China’ or ‘Chinese Taipei’ to appease Beijing

August 6, 2022

chinese menu template microsoft word

December 30, 2021

Electric vehicle makers gain ground on Tesla as Chinese rivals loom

July 26, 2022

CNNIC Launches Online Complaint Reporting Service

December 28, 2009

China's real life Squid Game: Doctor issues urgent warning for Chinese surgeons …

October 25, 2021

China, Arab states seek to boost e-commerce trade under ‘online Silk Road’

August 23, 2021

Alibaba faces new threat: an evolving Chinese shopper-Business Journal

October 18, 2021

Fortnite leaves China, gamers desperate

November 3, 2021
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....