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The rapidly developing Sichuan calls for more foreign eapitals and advanced technology. The Siemens, in recent years, has been valuing making investment to Sichuan with the annual business volume totalling DM 2 billion. Sichuan, a huge market with great potential of development, is plaeed in the top list of the Siemens’s investment program in southwest China. The president of Siemens has been 10 times in Siehuan visiting, and, as a result, a representative offiee of the Siemens was set up in Chengdu and a ioint venture──the Siemens Optical Fibre Co., Ltd·Chengdu was established with the total investment of US 30 million. The Siemens is also planning to establish another 3 joint ventures with the Dongfang Eleetrie Group at Deyang. At present, the Siemens’s department of power transmission and power distribution have already become the suppliers to many companies in the province.
The rapidly developing Sichuan calls for more foreign eapitals and advanced technology. The Siemens, in recent years, has been valuing making investment to Sichuan with the annual business volume totalling DM 2 billion. Sichuan, a huge market with great potential of development, is plaeed In the top list of the Siemens’s investment program in southwest China. The president of Siemens has been 10 times in Siehuan visiting, and, as a result, a representative offiee of the Siemens was set up in Chengdu and a ioint venture──the Siemens Optical Fibre Co., Ltd·Chengdu was established with the total investment of US 30 million. The Siemens is also planned to establish another 3 joint ventures with the Dongfang Eleetrie Group at Deyang. At present, the Siemens’s department of power transmission and power distribution Have already become the suppliers to many companies in the province.