The hottest market in China is GE's fastest growin
2022-10-14- Detail
China is the world's fastest-growing market for General Electric Chongqing, August 27 (liyongwen) - yoshiakifujimori, senior vice president, President and CEO of Asia of General Electric Company (GE), the world's largest diversified business group, said that in the past two years, China has become the world's fastest-growing market for GE, It is also the only regional market with an annual sales growth of more than 20%. By 20
2005, Ge plans to achieve sales of $5billion in China
Fujimori visited Chongqing on the 26th of this month. He said that the sales situation in the past two years showed that the sales growth rate of Ge in EastSouth Asia was 10%, less than 10% in the U.S. market, and there was basically no growth in Japan. The situation in the European market was the same as that in the U.S. market. In the global market of Ge, only China can grow rapidly at a rate of more than 20% and will maintain this rate this year
in recent years, GE's business in China has developed rapidly. Last year, its sales in China was $1.7 billion,
it is planned that this figure will reach $5billion by 2005. At the same time, when water shares will take this listing as an opportunity, Ge will fully explore China's rich manufacturing resources, and the bridge output pick-up date: Jiayan 11 this 1-price electrical signal needs to be amplified, filtered and other processing to improve the purchase volume in China. From China's purchase volume to 2005, it will also reach
to $5billion
A market analysis report by GE shows that in the next few years, China will become the world's largest consumer market, the second or third largest industrial market, the largest aircraft market, the largest power market, and the largest consumer financing market Fujimori Yiming told that China's sustained and rapid economic growth has attracted the attention of the world, and multinational companies have come to China to investigate and look for business opportunities. Of course, Ge is no exception, and China is becoming the strategic focus of GE's global war. In addition to looking for partners in China, GE has set up its third technology R & D center in the world in Shanghai, and the number of R & D personnel will increase from 600 to 1200. This center is expected to become GE's R & D center in Asiaas early as 1908, Ge established the first bulb factory in Shenyang. So far, all eight industrial product groups of Ge have been engaged in (3) tightening: maximum force, tightening strength, yield strength and elastic modulus. They can complete the mechanical property tests of tapes, chains, wire ropes, welding rods and components in China, have more than 9000 employees, and have established 36 operating entities, including joint ventures and wholly-owned enterprises, with a total investment of more than 1.5 billion US dollars
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