China news: Ge Ning and the provincial government to discuss cooperation matters (GE) vice president, GE, President and CEO of Greater China, Luo Bangmin (pictured, reporter Wei Ming photo), said in an interview with reporters, on the basis of existing cooperation, GE in the development of Nanjing to be more diversified, in energy, water treatment, transportation, medical, financial and other aspects, they hope to make a breakthrough.
Luo Bangmin told reporters before GE and Nanjing high precision gear group, a new breakthrough in the near future, the two sides cooperate in the production of high precision gear box, has been approved by the U.S. government, the U.S. market is about to supply. Including Nanjing, GE investment in the whole of Jiangsu Province, this year has a new growth.
"Jiangsu and Nanjing are the most important areas of GE development in China." Luo Bangmin said, as of yesterday, GE total investment in Jiangsu has more than 200 million U.S. dollars last year, the purchase amount is also more than 600 million u.s.. As early as August 2006, GE and Chinese the largest professional production of high speed and heavy load gear factory - Nanjing high precision gear group cooperation, joint development of special gear box of wind generator, NGC became a major part of GE in the field of wind power suppliers, and therefore improve the international competitiveness of the products to the international market. In addition, GE also with the Nanjing turbine motor (Group) Co., Ltd., Nanjing Institute of Technology, and other enterprises and units to establish a good relationship of cooperation.
Luo Bangmin said that Jiangsu and Nanjing in promoting the development of foreign enterprises have a lot of preferential policies and convenience, has long accumulated a large number of professional and technical and management personnel. So, GE will be in Nanjing with local development, especially in the aspect of green environmental protection solutions, hope to have more opportunities for cooperation.
When talking about the impact of the financial crisis at the moment, Luo Bangmin quipped, GE this year, all employees in China will not pay, including his own, but GE in the investment and cooperation "in Jiangsu and Nanjing will not shrink, will only strengthen.