GE’s Clean Technology Week in China
skip to secondary navigationGE and its Chinese partners have signed agreements aimed at promoting collaboration between GE and Chinese public and private sector aviation, transportation and energy organizations.
“The deals we are signing are built upon GE's 31 percent revenue growth in mainland China in the first three quarters of 2009. They not only represent tremendous growth opportunities for our China platforms but also support jobs in the United States.”
GE’s partnerships with China focus on addressing both long-term strategic challenges and economic opportunities for all parties. The agreements include the formation of two joint ventures — in avionics and locomotive engines; and the parties’ agreements to explore future “cleaner coal” gasification and high-speed rail opportunities. GE started doing business in China as early as 1906 and today runs 36 wholly owned or joint venture companies in China ranging from manufacturing, service, research and development, financial services and sourcing, with a total workforce of over 13,000.
GE, Chinese Partners Sign Agreements to Advance Clean Technologies, Create Jobs (PDF)
GE Energy and Shenhua Group Corporation have agreed to a framework for an industrial coal gasification joint venture. GE and Shenhua would conduct research and development on new cleaner coal technologies to improve cost and performance of commercial scale gasification and integrated gasification combined cycle (IGCC) solutions, and jointly pursue the deployment of commercial scale IGCC plants with carbon capture and sequestration.
Coal plays an important role in the economies of the U.S. and China and gasification technology allows us to use this abundant and low cost resource in a much cleaner way.
GE Announces Intent to Enter Joint Venture with Shenhua, a Leading Chinese Coal Company (PDF)
GE Transportation has announced three agreements this week including: GE and CSR Qishuyan will form a joint venture company to develop, build and service GE’s Evolution® Series locomotive diesel engines in China, where there is significant opportunity for modernization; GE and the China’s Ministry of Railways are considering advancing partnership opportunities to pursue high-speed rail projects in the United States; and an agreement with CSR Qishuyan Locomotive Co., Ltd. to purchase 300 Evolution® Series locomotive assemblies.
“China has been a vital partner to GE Transportation's growth for almost 30 years.”
GE and China MOR Sign Strategic MOU to Advance High-Speed Rail Opportunities in the U.S. (PDF)
GE Transportation and CSR Qishuyan Finalize Locomotive Diesel Engine Joint Venture (PDF)
GE Transportation to Provide Additional 300 Locomotive Kits to CSR Qishuyan in China (PDF)
GE Aviation and AVIC Systems will create a global avionics business to develop and market integrated systems for commercial aircraft customers. The joint venture, to be headquartered in Beijing, China, plans to offer fully integrated, open architecture avionics and services for future civil aircraft programs. The joint venture will potentially create more than 200 jobs in the U.S.
“Our participation has the potential to grow high-tech jobs in the U.S., in addition to creating bilateral industrial cooperation with China.”
GE and AVIC Joint Venture Creates New Global Business Opportunities (PDF)
Vice Chairman, GE
President and CEO, GE Technology Infrastructure
President & CEO, China Region,
GE Technology Infrastructure
