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

US EUROPE AFRICA ASIA 中文
Business / Companies

Caterpillar sees opportunities in China's Five-Year Plan

(Xinhua) Updated: 2016-03-14 10:21

BEIJING - China's new five-year blueprint will create business opportunities and long-term growth for the world's largest construction and mining equipment maker Caterpillar, a senior company official said.

Despite an industry downturn in China, Caterpillar sees it as a natural transition and is optimistic about China from a long-term perspective, said Chen Qihua, vice president of Caterpillar Inc. and chairman of Caterpillar China, in an email interview with Xinhua.

Caterpillar's global sales and revenues slumped 15 percent year on year in 2015, partly due to weakening economic growth in China and lower commodity prices, according to the company's annual report.

China's economy expanded 6.9 percent last year, the slowest in 25 years, as trade faltered, property investment cooled and an industrial glut persisted.

However, Chen has high hopes for the implementation of the 13th Five-Year Plan, China's roadmap for development in the 2016-2020 period, saying achieving the country's goal of creating a moderately prosperous society by 2020 will unleash further opportunities.

The draft outline of the Five-Year Plan is being reviewed at the ongoing annual session of the national legislature held in Beijing. China targets an "above 6.5 percent" average growth for the coming five years and aims to double the size of its economy and per capita income by 2020 from the 2010 level.

Caterpillar is interested in many aspects of the blueprint, such as economic reforms, industry upgrading, environmental protection and, in particular, the Belt and Road Initiative, Chen told Xinhua.

The initiative, China's proposal to build extensive trade and infrastructure networks with other countries, will enable Caterpillar to participate in various projects in collaboration with its Chinese business partners, he said.

By focusing on technology and innovation and with a sustainable business model, Caterpillar matches well with China's 13th Five-Year Plan, Chen added.

While acknowledging that the business environment in China is becoming more competitive, he stressed the importance of upgrading technology and improving efficiency.

As the economy geared down and costs rose, foreign direct investment in the Chinese mainland posted a 2.7 percent year-on-year increase in the first two months of 2016, slowing from 6.4 percent in 2015, official data showed.

But Caterpillar remains committed to the Chinese market, Chen told Xinhua.

The company has seen promising growth in energy and transportation as it taps into growing demand from Chinese clients for cleaner, more efficient power generators and engines.

Sales in that sector recorded an average annual growth of 11 percent over the past five years, according to data provided by Caterpillar in September 2015.

"China is an integral part of Caterpillar's long-term global strategy, and the investment we have made in China is for the long term," Chen said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 久草视频资源在线观看 | 欧美一级在线看 | 最刺激黄a大片免费网站 | 六月丁香久久丫 | 国产在线欧美日韩精品一区二区 | 亚洲男人的天堂视频 | 国产在线视频h | 久久99精品视免费看 | 免费国产一级 | 色婷婷激婷婷深爱五月老司机 | 免费一级a毛片 | 九九九九热精品免费视频 | 正在播放国产精品放孕妇 | 欧美成人免费tv在线播放 | 国产精品爱久久久久久久9999 | 日本三级香港三级人妇99视 | 久久99热久久精品91 | 欧美中文字幕一区二区三区 | 午夜mm131美女做爰视频 | 久久久久久日本一区99 | a级国产乱理伦片在线观看 a级国产乱理伦片在线观看99 | 日韩 亚洲 制服 欧美 综合 | 欧美69色| a大片久久爱一级 | 成人免费视频一区二区三区 | 欧美自拍视频在线 | 国产一级片在线 | 日本精品夜色视频一区二区 | 免费一级毛片正在播放 | 亚洲国产日韩在线 | 成人 在线播放 | 欧美不卡视频在线观看 | 中文字幕在线看片成人 | 免费国产成人高清在线观看不卡 | 日韩欧美一区二区三区在线 | 欧美一欧美一级毛片 | 欧美成年 | 香蕉久久精品国产 | 国产精品综合一区二区 | 草草影院www色欧美极品 | 精品一区二区三区在线播放 |