www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

ABB powers up China biz with $100m

By Li Fangfang (China Daily)
Updated: 2008-03-14 09:27

ABB will add more than $100 million in investments in China this year.

The money will be used to "support the expansion of research and development, manufacturing, sales and engineering services across the complete power and automation product portfolio in China", ABB CEO and CFO Michel Demar said yesterday.

The proposed investment by the leading global power and automation technology group comes on the heels of the Switzerland-based company's sharp increase in investments by another $100 million in its 25 local companies last year. Together, it's already double the company's original plan of injecting $100 million in its Chinese operation between 2004 and 2008.

Having established its office in Beijing in 1979, ABB has so far invested over $820 million in China.

Sustained investment and growth have made China the country where ABB has the maximum number of employees and generates the highest orders and revenues.

"ABB's business in China hit a milestone last year and is now the largest within the group by most measures," said Demar. "China has been the most important market for ABB in all aspects."

ABB said China accounted for 12 percent of its total orders of $34 billion in 2007, ahead of Germany and the US.

"The orders increased 32 percent to $4.1 billion from $3.1 billion in 2006 while revenues rose 20 percent to $3.4 billion from $2.8 billion as ABB continued to introduce its latest technologies to the country," said Brice Koch, chairman and president of ABB China.

"In 2007, these included the high-voltage direct current transmission systems, lightweight and versatile robots, and energy-efficient motor and drive systems."

ABB also accelerated the pace of recruitment in China last year to meet the needs of a rapidly growing business. The number of employees rose by 1,500, or 14 percent, to 12,800, compared with an annual average increase of 1,000 in the past few years.

"Our comprehensive footprint in China and our leading-edge technology are meeting customers' increasing needs for power grid reliability, industrial productivity and energy efficiency," said Koch.

China has also become one of the key sources of materials used in manufacturing by the ABB group. In 2007, ABB's purchases in China crossed $2 billion.

Eleven local ABB companies ranked among China's top 100 electrical enterprises in 2007.


(For more biz stories, please visit Industry Updates)



Related Stories  
主站蜘蛛池模板: 中国日本高清免费视频网 | 在线看片亚洲 | 久久精品视频日本 | 高清国产精品久久 | 亚洲精品无码不卡在线播放he | 久久精品视频99精品视频150 | 亚洲美女免费视频 | 国产成人精品一区二区秒拍 | 手机看片77v1 | 成人免费视频69 | 色婷婷激婷婷深爱五月老司机 | 麻豆理论片| 99综合视频 | 亚洲国产日韩a在线亚洲 | 一级床上爽高清播放 | 9cao视频精品 | 国产网友自拍 | 伊人短视频 | 成人精品免费网站 | 亚洲国产成人精品激情 | 久久久久久国产精品视频 | 午夜国产片 | 亚洲爱爱爱 | 97国产成人精品视频 | 欧美在线一级毛片视频 | 性欧美久久| 女女同性一区二区三区四区 | 蕾丝视频永久在线入口香蕉 | 亚洲成人自拍 | 日日摸夜夜搂人人要 | 亚洲在线视频网站 | 又摸又揉又黄又爽的视频 | 一级成人毛片免费观看欧美 | 欧美日韩加勒比一区二区三区 | 国产欧美日韩视频在线观看一区二区 | 成年人黄色网址 | 99久久精品一区二区三区 | 国产亚洲自拍一区 | 国产午夜毛片v一区二区三区 | 亚洲精品久久九九精品 | a高清免费毛片久久 |