General Electric (GE) announced that it has launched two new projects in Shenyang, the GE Transportation System, the mining dump truck electric wheel motor production plant and the GE Energy Supplier Development Center. The launch of two projects has enabled GE to be in Shenyang. The investment exceeded $60 million.
This investment move shows that GE will focus more investment on China's secondary cities. GE Chairman and CEO Jeff Immelt said at the launching ceremony of the project: GE has been committed to enhancing localization capabilities and has now begun to expand its development strategy from large coastal cities to central, western and northeastern regions. Two new projects in Shenyang reflect GE's strategy to expand regional market investment.
It is understood that GE and Shenyang have a hundred years of origin. In 1908, GE established the first electric light factory in Shenyang. Immelt said: Shenyang is an important city for GE's development and cooperation in China. With the launch of the new project, GE will further enhance the localization capabilities of the project to better serve customers and create new business growth points.
It is understood that as the first production enterprise of GE Transportation Systems Group in China, the newly established mining electric motor production plant for mining dump trucks will assemble the electric drive motor of the mining truck GE electric drive system in China to grasp the mining in China. Growth opportunities in the industry.
The GE Energy Supplier Development Center will be completed in 2009. More than 250 engineers will be based in Shenyang to help GE's local suppliers improve their ability to produce high-quality components.
In addition, GE also announced that it will donate two advanced water treatment systems to provide clean drinking water to more than 40,000 residents in Dongguang County and its surrounding villages in Hebei Province, China. This will be the first time in China to use mobile water treatment systems to provide clean water for areas that are not covered by municipal centralized water treatment facilities.
Li Yangbin, director of the Rural Drinking Water Safety Center of the Ministry of Water Resources, said that drinking water is a basic human demand, and two-thirds of the world's population is at risk of water shortage. Among them, 320 million people in rural China have problems with unsafe drinking water. The UN Millennium Development Goals require that the demand for safe drinking water be reduced by half in 2005. The Chinese government has adopted a series of policies and measures to formulate plans and standards. The central government invests 6.4 billion yuan each year to implement government-led mobilization and organization of farmers and The participation of social forces aims to solve the problem of drinking water insecurity for 320 million people by 2015.
Gao Wood, President and CEO of GE Water & Process Technologies, said: GE is proud to present eco-magic water treatment technology to rural China to celebrate the upcoming 2008 Olympic Games. GE is fully committed to supporting China's efforts to provide clean water for urban and rural areas and is willing to help China achieve this through its water treatment product line.
It is understood that GE has donated more than 30 million yuan of materials to the earthquake-stricken areas in China, and has delivered the second batch of equipment, including portable water treatment equipment, medical and lighting products.
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